Apple is Investable Only After Settlement With Qualcomm
Typical of markets with its short-term memory, Apple's ( AAPL ) devastating weak iPhone sales warning gave way to a market snapping back. The S&P 500 rose 2.6% on the week. The weekly total gains is effectively a year's worth of returns. Never mind the trade war, which will likely end with punitive tariffs still in place, or the government shut down. DIY Members will now build a trading plan as these companies report earnings. So far, banks are lifting markets, led by Goldman's (GS) strong results and Bank of America (BAC) reporting good numbers. Again. Netflix ( NFLX ) subscription numbers will drive cash flow next. Only if 100% of the subs stay. Otherwise, that $2B+ FCF increase forecast won't happen. The stock is up 27% in just one month. NFLX reports results on Thursday, January 17 after market close. Apple Should Settle with Qualcomm Previously, Qualcomm's ( QCOM ) NXPI deal played out with trading gains for ...