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August, 14 - Apple is going through quite a surge

Putting a trade war on hold – that is the most rational thing that Donald Trump has done in months if not years. It was an unexpected move that has had a good influence not only on the Asian markets but on the rest of the world in general. This gave up the necessary pause for thinking and acting rationally. Even though trading through times like that is no easy task, we can still spot the assets that can benefit from actions like that.

 

For example, Apple. When the trade war stated everyone predicted that it is going to get hits along with other major American companies. Everyone except Donald Trump. And we can now say – Trump was wrong and trade tariffs did NOT stimulate American economy. Quite the contrary – they made American companies dependent on trade war news and developments. And today is a perfect example for this statement.

 

appl 14.08.2019

 

Yesterday we saw the slide in the performance of Apple. But today with the news that trade war is going to take a pause because no one wants to disrupt Christmas shopping for the people Apple is surging once again – after all Christmas time is one of the revenue seasons for Apple. How long the recovery and hype from the statement are going to last is up for debate, but we can surely say that is the trade war escalates Apple is going to go down.

 

Use our trading signals to be sure in your Apple trading.

 

 

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