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Jim Hauser

Jim Hauser
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  • There's no clear trigger behind the latest selloff in Apple (AAPL -3.4%); shares are now down 9% from their Tuesday high. Some speculate Texas Instruments' (TXN) addition to the NASDAQ 100 (QQQ) is playing a role, as index funds will need to sell some Apple to rebalance, but that can't explain why fellow large-cap index members Microsoft (MSFT +0.9%) and Intel (INTC +1%) are up. With Apple still up 43% YTD, perhaps a breather was inevitable.  [View news story]
    Nok up, Msft up, Armh up and Lumia sold out so perhaps their low cost strategy reduces Apples chances of outstanding sucess in China. Jim
    Apr 16 04:34 PM | Likes Like |Link to Comment
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