Apple (ticker: AAPL) made the 50% run from $200 to $300 in exactly six months, closing above $200 on July 1, 2019, the first trade above that level since mid-2018. Apple’s move was part of a broad market rally spurred in part by two developments involving China. The country’s central bank moved to ease credit to boost consumer demand, while at the same time China and the U.S. are moving closer to signing a “Phase One” deal to ease tensions over trade. Read More...
Apple (ticker: AAPL) made the 50% run from $200 to $300 in exactly six months, closing above $200 on July 1, 2019, the first trade above that level since mid-2018. Apple’s move was part of a broad market rally spurred in part by two developments involving China. The country’s central bank moved to ease credit to boost consumer demand, while at the same time China and the U.S. are moving closer to signing a “Phase One” deal to ease tensions over trade.
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