Apple a Day…

In February of 2008, Bank of America was added to the Dow Jones Industrial Average. Five years later, it was taken out. This month, we were notified that Apple would be joining the price-weighted index. They were a candidate to be added back in 2008, with a market value of $100 billion and only one full year of iPhone sales. …

1.7 Million of Apple’s $10k Watch – Gone

Apple has a habit of generating a lot of buzz around their product launches. During their most recent event, the markets responded in a very timely fashion. In the annotated graph, you can see how Apple traded in response to real time announcements. Cheaper Apple TV? Good. New Macbooks? Awesome. Apple watch? Sell off. From the intraday high to the …