Apple Archives - Capitol Development Account

ALMOST A VERY UGLY DAY

There has been little attention focused upon Apple’s 20% or $500 billion decline from its September 2 high, perhaps the result the company is trading around its August 1 levels. Apple is still ...

22 September, 2020

ONE COULD NOT HAVE ENVISIONED 2020

One could not have envisioned 2020. Many are now recognizing the massive amount of monies that are concentrated in a few names, perhaps the result that every trade other than indexing has ...

15 September, 2020

DISAPPOINTING ADP EMPLOYMENT SURVEY…CDC TELLS STATES TO PREPARE FOR VACCINE DISTRIBUTION BY NOVEMBER 1

The private sector ADP Employment Survey disappointed. Analysts were expecting a 1 million increase in jobs. The Survey only indicated a 428,000 gain. July’s data was...

03 September, 2020

GOLD FELL, TREASURY YIELDS ROSE AND VALUE GAINED

The massive rally that pushed gold to record heights about $2,000 an ounce came to a violent end yesterday as the metal had its biggest drop in seven years after ...

12 August, 2020

WHAT WILL HEADLINES READ IN 60 DAYS?

The increase in coronavirus cases is dominating headlines. Can I suggest the fight as to who first receives the vaccine becomes more explosive than the increase in cases and even more ...

09 July, 2020

ARE WE LIVING IN A COMPLACENT WORLD?

Equities fell nominally as some are wary of escalation in tensions with Iran. Oil also declined believing that such any escalation will not impact supplies. Treasuries were essentially unchanged. ...

08 January, 2020

IS THERE A MAJOR CONTRADICTION?

In my view the opinions on Wall Street are either extremely bullish or bearish. The bullish camp contends technology shares will continue their exponential rise. Bloomberg writes Apple and Microsoft contributed about 35% to the Dow’s 2019 gains. As written several weeks...

03 January, 2020

SOME DAUNTING STATISTICS…DID A CONSERVATIVE MANDATE JUST OCCUR IN ENGLAND?

Many times I have commented about the narrowest of today’s market, stating a misstep from one of the titans can have an outsized impact, an impact that is double the impact that these titans have had on the advance of the last three years. ...

13 December, 2019

CAN THIS BE A SIGNIFICANT WEEK?

The VIX or a measurement of volatility (aka risk) has plunged. However as measured by other benchmarks, conviction is very low. Volume has been anemic. The CME stated it has become increasingly easy to exaggerate the price movement of almost any security, the...

30 April, 2019

ARE MARKETS REVERTING BACK TO OLD NORMALCY?

Equities were mixed yesterday as the NASDAQ led by the technologies advanced and the Dow fell. Equity volume was muted. Treasury yields were relatively lower and oil rose after Saudi Arabia announced even deeper cuts and Venezuela is...

14 March, 2019