Weird I have not seen any numbers that low on the Hang Seng today...Quote:
Originally Posted by mick silver
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Weird I have not seen any numbers that low on the Hang Seng today...Quote:
Originally Posted by mick silver
U.S. and China two big thugs that will shakedown all the minors on the street.
I sometimes wish I could zen up some lottery numbers
Quote:
Originally Posted by Glass
link to ZHQuote:
Did Tim Cook Violate Regulation "Fair Disclosure" By Emailing Jim Cramer To Save AAPL Stock This Morning
Earlier today, as AAPL stock was plummeting and had lost a whopping $75 billion in market cap, dropping as low as $92/share, CNBC's Jim Cramer pulled a rabit out of a hat, or in this case a previously undisclosed email out of his inbox. An email from AAPL CEO Tim Cook which said the following (as subsequently conveyed by Cramer to CNBC viewers):
While we are delighted by Tim Cook's subjective take of AAPL's Chinese prospects, we have a different question: where is the public filing that accompanies this letter which constitutes nothing short of a private business update with an outside, and unregulated by Apple, market cheerleader?Quote:
Jim,
As you know, we don't give mid-quarter updates and we rarely comment on moves in Apple stock. But I know your question is on the minds of many investors.
I get updates on our performance in China every day, including this morning, and I can tell you that we have continued to experience strong growth for our business in China through July and August. Growth in iPhone activations has actually accelerated over the past few weeks, and we have had the best performance of the year for the App Store in China during the last 2 weeks.
Obviously I can't predict the future, but our performance so far this quarter is reassuring. Additionally, I continue to believe that China represents an unprecedented opportunity over the long term as LTE penetration is very low and most importantly the growth of the middle class over the next several years will be huge.
Tim
Because as the AAPL reaction to Tim's letter, which was clearly in Cramer's private possession for at least 1 millisecond before it was made public (and thus we don't know who else may have had access to it before its public dissemination), just how is this not a Regulation Fair Disclosure violation?
Needless to say, the fate of AAPL, which is the most important stock in the world, held by a record 181 hedge funds, determines the intraday (and not only) fate of the entire market.Quote:
Remember: the fate of AAPL determines the fate of the US stock market pic.twitter.com/04NAbgVR2k
— zerohedge (@zerohedge) August 24, 2015
European markets seem to be up 2-4% (London, Frankfurt and Stockholm). Hang Seng was up 1/2% and Nikkei was down 4%...
Nikkei is less than half its all-time high of 1989! And it isn't like the printing presses for Yen has been cold the last 26 years!
Crisis averted. All hail our benevolent overlords!
Dow Jones Industrial Average 2 Minute
Dow Jones Indices: .DJI - Aug 25 9:44 AM ET
16,169.46 ^^298.11 (1.88%)
Humm?
Bouncing back into the green!
OK !
Never mind the reasons that triggered this current meltdown are still in place, nothing has change one iota, and if anything china, oil prices and manufacturing are down and its highly probably things will get worse because they sure in the hell has not gotten any better.
OK !
The military has a saying that fits here !
S.N.A.F.U !
Got popcorn ?
2008 all over again, only worse this time as the central banks used up all of their ammo last time.
Dead cat bounce. Use the time to prep, and buy the dips in metals.
My thoughts too. Plus we all know the real fun doesn't begin until September or October. The timing is just right for one more bounce up before things fall to shit in the next couple months.Quote:
Originally Posted by Ares
Quote:
Originally Posted by madfranks
I think this is right. We are seeing the human-sort-of (banker) controls on the markets to keep things artificially animated. The money system is zombified.
But I suspect there will be a major "natural" calamity that will shake the system beyond their controls.
2nd hour, discuss markets,
Jeff Rense Radio Show - 2015.08.24
Listen Download Hour 1 - Hesham Tillawi PhD - Mideast Analysis
Listen Download Hour 2 - Joe Cobb - Ron Paul's Former Economic Advisor
Listen Download Hour 3 - Yoichi Shimatsu & Dana Durnford - Purple rain is fucking up all the none smokers MAN!!!!
also:
http://www.youtube.com/watch?v=B4RUlBHkSsE
<span class="post-comment-link">http://www.youtube.com/watch?v=B4RUlBHkSsE