Reiterate SPECULATIVE SHORT on AAPL, dragging the Dow down, as reported by CNBC. Eric Schiffer REITERATES AVOID on CNBC.
According to Barron’s: Just a few days after Microsoft’s Surface beat out the iPad in J.D. Power’s tablet customer satisfaction survey, Apple’s MacBook line tied for fifth place in Laptop Mag’s annual rankings of laptop brands.
According to CNBC, turmoil in Apple as they Ditch Chip Suppliers.
The Largest Investment Bank was down the most, today, among its retail bank peers: SPECULATIVE SHORT, GS. The heyday of the full commission broker is fading because of extreme competition from discount brokerages. Also, in face of increasing interest rates (60% estimate that the Fed will raise interest rates in June and Janet Yellen publicly said that equities are overvalued), cheap bonds will sap money from the IPO (Initial Public Offering) market as companies hungry for capital take…
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