Probably not alot of better alternatives out there to be honest...We have arrived at the "least worst" alternatives for investments...All of the NIRP insanity going around is definitely driving money into perceived safe havens...Reminds me a bit of post-2008, but in a far more perverse way...
52 week low only dollars away And to think they were added to the Dow 30 not too long ago and here they are showing one of their worse quarters in over a decade... Wasn't Apple supposed to be a trillion dollar company by now according to all these high paid analysts on wall$treet ...haaa
Wallstreet was expecting apples next quarters revenue at $47 billion, Apple said expecting $41-$43 billion....talk about under promising..whewwww...huge huge drop
And Cramer said don't trade this, but own it. Cramer is really Homer Simpson's long lost brother. Instead of all the money spent on buybacks and buying stupid shit like Beats, this appliance maker should've made a play for Disney. Cook should go full Mr. Garrison and put a Steve Jobs sock puppet on his hand for the WWDC to introduce Apple's next big thing, The iBike, which is a copy of Mr. Garrison's bike (use google, I'm not posting a pic of that thing).
Apple regained $96 on light volume , look for wild swings and news bits to clutter the tape when the big boys enter the fray today.