I wonder what the actual short percentage is - I think I saw 15% at ameritrade but it must be much greater than that now with this constant scraping of the bottom.
YUM China was off because of a food quality scare there - not an economy inspired consumer shortage.
Quote below explains YUM ran into a food scare that killed China sales - not a Chinese stock crash or anything.
The company said it now expects full-year earnings per share to rise in the low-single-digit percentages. It had previously forecast growth of at least 10 percent for the year, based on expectations at the time for a strong recovery by its stores in China, which have been hit by scares over food quality.
I have been wondering how those concepts keep getting lost in flow of things
Yesterday it was explained the 6s phones were difficult to keep in stock and sold out in China.
CNBC sez there is "worry by IC suppliers worried about the possibility of "downward chip orders" in 4th quarter. And yesterday it was explained there is trouble keeping up with demand for the 6s family! BS manipulation and I bet any "IC suppliers" who identified themselves as apple suppliers are looking at losing business.
Why waste your time here? Take out that second mortgage and cash in !!!
I read an article which said the Saudi's were selling a lot of funds holdings to bring back home with the low cost of oil - maybe the dip a very temporary thing?
With the indexes doing so well hard to imagine why Apple would struggle to stay green - must be a lot computer trading volume?
Yep, the subject making the topic of articles out today helped with some stock trades I am sure.
I understand the obligation for the "plateau" statement but I question the timing - right before the rate announcement???
Thanks NY Times:
The most likely dates are Thursday this week, Dec. 16, or perhaps March 16, 2016. Those are the next scheduled news conferences by the Fed chairwoman, Janet L. Yellen; each follows a two-day meeting of the Federal Open Markets Committee, the Fed policy-making group that sets the target rate. Word of a rate increase would first be contained in a statement released by the group at 2 p.m. Eastern time.
I am confused at the rational for the downward pressure unless it is just response to market forces, ameritrade has short interest at 15.77%.
CNBC said China was not part of the release last year hence supposed reason Apple is not comparing any hard numbers- at least so far.