Conscience that my enthusiasm for some companies is completely infectious buy buy buy buy buy buy people want to own stocks and they want to open the stocks in the worst way. [ booing ] so when the market dips 80 points, i want to talk about the worst way. [ booing ] because i see that happening way too off and we have to stop it this market has had a spectacular run and that should make you more, not less cautious i dont know where the top will be, but i do know were a lot closer to the top than we were in march or april when it felt like the sky was falling before i get started, i want to thank twitter. Yes, twitter, for exposing me to the worst ways of buy, trading, and owning stocks. Were all stuck in our own little world right now we had a call for members of the action alerts plus club this afternoon where i answered questions. Most of the club members are people who like the stocks we own for the charitable trust, the household names. Look out, theyll buy anything and i mean som
Loss for july. Down in two of the last three months. Its been worse for technology stocks. The nasdaq is heading towards biggest monthly drop since april. If you check out the futures this morning and take a look at was been happening, youll see there are green arrows on this last trading day. The nasdaq up by close to 50 dow jones up by 50 and s p up by 6. In corporate related news out of china, the country giving the green light to apple iphone 6 after beijing addressed security concerns. The iphone 6 will go on sale in china on october 17th. Apple did promise the smartphones dont have any back doors for security that could led u. S. Agencies access data for users. The European Union slamming apple today, saying its tax deals in ireland broke rules. Apple will have about a month to comment. Apple is one of those good names. Its up nearly 8 this quarter. After all of those concerns people had right after the phone came out, about bendgate or whatever we were calling it at that point.
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