share_log

FOMC Meeting Samsung Over Takes Apple, AI Demand Indication Ahead From AMD, Amazon And Super Micro

Benzinga ·  Apr 30 23:19

To gain an edge, this is what you need to know today.

Samsung Overtakes Apple

Please click here for an enlarged chart of 20+ yeariShares 20+ Year Treasury Bond ETF(NASDAQ:TLT).

Note the following:

  • The chart shows that bonds have fallen this year.
  • The chart shows that bonds are consolidating in the mini support zone.
  • Lower bonds mean higher yields. Higher yields mean lower PE ratios. Lower PE ratios mean lower stock prices, unless earnings rise.
  • So far, due to a strong economy because of the Fed's second blunder and reckless spending by the government, earnings are better than...
Login or create a forever free account to read this news
Sign up/Log in
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment