Friday, September 21, 2018: iPhone XS and XS Max Made Available, AAPL Tanks!




I Think This Happens Every Time

DOW +86.52—-NASDAQ -41.28—-SP500 -1.08—-NYSE +11.32




Portfolio Winners: BA, SBUX, V
Portfolio Losers: AMZN, ISRG, SHOP

For the most part, the stock market rallied strong in early hours of the trading session, but by the closing bell ended up mixed.

Apple, Inc. made their new iPhone XS and XS Max available globally today. There was news about long lines in various cities around the world. And the online Apple Store was suffering some down times from possible congested traffic.

The only problem was that Apple stock down trended today, going from 221 to 217.66 a share. Usually, this happens every year when Apple puts out a new iPhone. Is the stock being shorted? Are competitors somehow trying to crash the stock?

I’ll tell you what… Apple stock was pumped up during the early pre-market trading hours, only to be dumped just before the open bell… something was definitely going on there!

In other news, Marijuana stocks have been on fire lately, but though Tilray (TLRY) pumped up some 64% the other day, today it was down -30%. I’m still holding out on medical marijuana investments. It’s still a gray area as marijuana is still considered illegal on the federal level!




Friday’s Winning Stocks in the Portfolio

Boeing (BA)

Is it time to buy more Boeing stock? It’s been uptrending this week, which once again almost put my position in BA at the 100% profit level. This is a long term investment for me.

finviz dynamic chart for  BA
Starbucks (SBUX)

I’ve recently gotten back in to SBUX, mainly because they continue to expand and opened their first store ever in Italy!

I’ll try to swing or position trade this one. It’s history shows lots of volatility and lots of sideways action!

finviz dynamic chart for  SBUX
Visa (V)

I currently have no bank stocks right now. They aren’t performing too well, but I like credit card stocks like Visa and Mastercard. This position is intended to be a long term position.

finviz dynamic chart for  V

Disclaimer: The content provided here is for information and entertainment purposes only. It is not intended as an offer or solicitation to purchase any investment. And this material should not be taken as investment advice, since investors’ needs and strategies may vary. Investing in equities is subject to extreme volatility.
Trade at your own risk.

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Carlos Rull

Carlos Rull is a musician living in the San Diego area. His interests include Yoga, Eastern Philosophy, Zen Buddhism, and Gardening. He plays drums, piano, and composes New Age & Ambient music, and his albums are available on iTunes and Amazon.com.

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