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Politics : Formerly About Apple, Inc. Unmoderated
AAPL 270.82-1.0%3:59 PM EST

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Doren
To: Zen Dollar Round who wrote (9188)10/1/2019 2:05:46 PM
From: Jamie1531 Recommendation   of 11191
 
I was being facetious. There's no saying what the madman in the WH will do next or how the Fed will react to his unstable behavior.

Stocks go up and down. There's no magic behind it. Analysts don't have any more insight into their value than the rest of us. They get paid to guess and since it's easy to prove their educated guesses are far worse than throwing a dart at a target number I'm not sure why anyone cares that they think.

I don't hate AAPL. I own it and I'll probably sell it today for a 40% gain. The manufacturing numbers that came out today are horrible. We're clearly in a manufacturing recession. 47.8 wasn't expected with a trillion dollar deficit. In fact, these numbers are closer to a full blown recession. We haven't seen numbers this bad since 2009, just after the Great Recession ended (the recession ended in June of 2009).
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