$E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ bonds market t...
$E-mini NASDAQ 100 Futures(SEP4) (NQmain.US)$ bonds market took a delayed hit from the Fitch downgrade. stock market reacted to Apple earnings which Amazon cannot rally enough to hold the Apple fall. While, oil stayed stubborn at above 82.
heard some bad news that companies are getting ready the axe. this maybe the first stagflation.
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73407951 : Apple: There has long been negative news. Apple factories have withdrawn from the Chinese market, causing hundreds of thousands of people to lose their jobs
razo2 OP 73407951 : and these Apple CEO maybe forgot who made Apple to what they are today.
73407951 razo2 OP : On August 4, the quarterly report released showed that Apple's revenue for the third quarter declined. Apple's stock price plummeted 4.80% to close at 181.99 US dollars. The market capitalization evaporated over 160 billion US dollars in one day, falling to 2.85 trillion US dollars, falling short of 3 trillion US dollars
73407951 razo2 OP : If Apple had the chance, I would sell the stock; I'll wait for the chance to enter the market later
Falling angel 73407951 : Are the Chinese unemployed?
razo2 OP Falling angel : youth unemployment is very high. tech axed those programmers.
73407951 Falling angel : Right, the Apple factory withdrew from China
Falling angel razo2 OP : So, it is China that is in trouble.
Apple is still happily selling worldwide.
73530695 Falling angel : Yes, it was China that withdrew
razo2 OP Falling angel : actually across all Apple products fell in sales. only services increased.
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