Thanks for sharing your thoughts.
Two-year budget deal reached
This budget deal makes good 2014 start, in a good agreement with this 2014 forecast
Apple and China Mobile have finally inked an iPhone deal, WSJ reports.APPL will now have access to the carrier's 700M subscribers — that's "seven times the size" of Verizon's base. Rollout is expected this month. Chinese 4G licenses handed out, services to start soon.
Is Apple making a comeback?
And what about next week?
“It’s a very busy week for data in general — what I would call a feast for the Fed in terms of the amount of data,” said Kristina Hooper, a U.S. investment strategist for Allianz Global Investors.
The Labor Department’s report on November nonfarm payrolls will cap a data-heavy week on Friday. It’s the last such report before the Federal Reserve’s Dec. 17-18 policy-setting meeting.
If the employment data are much stronger than expected, the Fed might decide at that meeting to scale back its $85 billion-a-month in bond buying that has boosted equities, according to Hooper.
GOOD SIGN FOR AAPL:
IBM estimates mobile devices accounted for 25.8% of U.S.
Thanksgiving e-commerce sales (up 49% Y/Y), and have accounted for 21.5% of Black Friday e-commerce sales thus far.
Overall,spending on Thanksgiving and Friday increased 2.3% over 2012 to $12.3 billion for the two days, ShopperTrak reported. But Black Friday sales decreased 13.2% compared with 2012, ShopperTrak said. "The Black Friday shopping experience is changing with more shoppers choosing to go out on Thanksgiving Day," Bill Martin, ShopperTrak's founder, said in a news release. "Consumers increasingly research products online before entering stores. When they arrive, customers know exactly what they want to buy -- retailers now need to make their experience a satisfying one." The West posted the strongest two-day sales with a 6% increase compared with 2012, while the Northeast reported a 7% decrease, ShopperTrak said. A nasty winter storm hit much of that region just before Thanksgiving.
I thought you might find this article on Seeking Alpha interesting:
Is Apple Making A Comeback? A Historical Perspective
by I Know First Research
Bubbles are notoriously hard to predict and many neo-classical economists even deny their existence. There are some notable bubbles such as the Nikkei bubble in the 80s, the dotcom bubble in the late 90s, and the American real estate bubble leading to the recent Great Recession. Now the question being asked is whether Apple's spectacular rise (AAPL), which began in the second quarter of 2009, was also a bubble. Can Apple's boom and bust be compared to those of Microsoft (MSFT), Cisco (CSCO), Intel (INTC) , and other tech companies during the dotcom bubble? When the general economy was just exiting the recession and experiencing sluggish growth, Apple's stock began to take off. Was this spectacular growth a bubble, the result of strong fundamentals, or a combination of both? What made Apple unique during the past decade, allowing it to defy market trends and generate so much interest?
Apple, Google , and AIG are the most popular (long) holdings of hedge funds, according to Goldman's latest hedge fund monitor, which analyzed the positions of 783 hedge funds with $1.7T of gross assets.
Hedge fund holdings of AIG, however, account for 14 of the company's float compared to negligible amounts for Apple and Google.
Any company on which Warren Buffett places big bets deserves our attention.
Buffett's Berkshire Hathaway has been buying this stock since it was trading in the low $20s. Currently Berkshire holds more than $1.4 billion in shares (this represents about 1.56% of its portfolio). Another "hedgie" bull that we should mention is David Einhorn's Greenlight Capital, which owns more than $600 million in shares.
General Motors has also become the most popular stock amongst the hedge funds that we track. At the end of the third quarter, 140 funds held stakes in the company, compared to 122 at the end of the second quarter.
The outlook for gold has been for further losses ever since a series of positive U.S. economic data points raised speculation that the Federal Reserve would taper its economic stimulus before the end of the year. Many analysts are bearish, and are likely to remain so until there is clarity about when the actual cutting of quantitative easing will begin.
H-P makes it easier for shareholders to change rules
H-P has cut the amount of votes that shareholders will need to alter the rules governing various matters to a simple majority from two-thirds previously.The regulations regarding the nomination of directors and the size of the board are among the issues that investors will be able to change more easily.The moves could help improve H-P's image with investors, which became damaged following a number of boardroom stumbles
Analytics firm Fiksu reports global 5S usage outpaces 5C usage by more than a 3:1 margin (6.9% of all iPhone usage vs. 2.2%). Localytics' activation data has also indicated 5S sales soundly outpace 5C sales.Meanwhile, a U.S. federal appeals court has ruled Apple can pursue an injunction against Samsung products ruled to be infringing the company's IP in last year's California suit. Judge Lucy Koh, who presided over the CA suit, ruled last December Apple hadn't proven the infringed patents drove Samsung's product sales. The infringement rulings were tied to older/largely outdated Samsung devices.