The Market, Energy, Political Page, T+3 -- August 16, 2018

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Title : The Market, Energy, Political Page, T+3 -- August 16, 2018
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The Market, Energy, Political Page, T+3 -- August 16, 2018

Holy mackerel: anyone paying attention? I wasn't. A reader alerted me. Look at AAPL:
  • AAPL futures: up another $1.14 -- now trading at $211.34 
    • euphoria begets euphoria
    • and Abraham beget Isaac (1 Chronicles 1:34-36) -- one of Trump's favorite books in the bible, but I digress
  • why (the jump in AAPL)?: Chinese-US trade talks resume
  • Tim Cook had dinner with Donald Trump this past weekend
    • Tim's #1 concern: his #1 market ten years from now -- that would be China
    • Tim's #2 concern: quarterly earnings reports
    • three business days later, the press reports that US-Chinese trade talks resume
  • on a side note: AAPL pays its dividend today -- 73 cents/share, I believe, could be wrong; 
    • for every thousand shares, one account will grow by $730 -- is that correct? that sounds like a lot; whatever
  • if AAPL opens at its current price, it will set another all-time record


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