Thursday, August 2, 2018: Apple Hits Trillion Dollar Market Cap!

Apple Hits One Trillion!

DOW -30.55—-NASDAQ +70.39—-SP500 +9.67—-NYSE -11.81

Portfolio Leaders: SHOP, AAPL, FB
Portfolio Laggards: IQ, BA, CAT

First off, the stock market has an historic moment as Apple, Inc. reaches the $1 trillion dollar market cap!

Very exciting news!

But percentage-wise, the big portfolio gainer was Shopify (SHOP), and Facebook (FB) was also a leader with its bounce back towards positive territory.

Rounding out the laggards this morning, IQ (the Chinese version of Netflix) has floundering and someone recommended the stock to me and I unfortunately bought shares, not realizing the extent that Trump’s trade wars would have on Chinese stocks.

But what can you do?

On another note, someone recommended AT&T (T) because of its dividend and reputation as a Widows and Orphans stock. And it’s been performing terribly lately, but it does have bullish technicals.

BA and CAT have been going sideways lately, and I have a huge P/L on both to the upside, so I’m just trying to hold on and preserve my profits. Holding for the long run here, so I’m sure many of these stocks will rebound once we get past the trade wars threats, etc.

Another big surprise is Tesla (TSLA), which is up +12.78% this morning at +38 dollars a share.

On the Radar

Tesla (TSLA)
finviz dynamic chart for  TSLA
Microsoft (MSFT)
finviz dynamic chart for  MSFT
CostCo (COST)
finviz dynamic chart for  COST

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

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