This week saw both the Dow Jones Industrial Average and S&P 500 move higher on strong conviction. On Friday, November 15th, the Dow closed at a record high of 28,000.
This week’s undeniable standout was Apple, Inc. (AAPL) which advanced from $257 to $264 per share. Clearly the Wall Street institutions are positioning themselves to own the shares before Apple’s big year over year earnings release, slated for mid-January 2020.
For the past six weeks I have been rating Apple stock a strong buy for your portfolio, in large part because of its anticipated streaming revenue.
There is much to look forward to.
Stay Open!
Stay Positive!
Tyrone Jackson, The Wealthy Investor
