Apple Inc (Ticker: AAPL) channels King Midas to create gold

just by saying so [fstp, logo, header] July 10, 2024 [ag views, logo, header] Apple Inc (Ticker: AAPL) channels King Midas to create gold just by saying so I have seen historic runs before but this AAPL run is taking the cake. So with no revenue growth reported the last quarter and 100 billion dollar buyback where AAPL floundered somehow AAPL stock price went from $185 to $231. Something about how the next iPhone will have some outsourced AI in it and off to the races. Something we have talked about here is these stocks are priced for perfection but the secret is really we won’t know how it will work until next year when the AI benefits really kick in. [ftsp] AAPL 1 year chart AAPL earnings are Aug01. I am adding an Aug trade to Weekly Profit Cycles today. The best part of two way trades is you don't care where the market goes, it just wants to go somewhere. If you think this is the top for stocks just because they are high, Wall Street will invent a new way to love them. - AG  [logo, pit profits] Want to find YOUR winning fit? Give our Customer Care Team a call at [1-888-872-3301](tel:/1-888-872-3301) Monday-Friday from 9 a.m. - 5 p.m. EST. Or email them anytime at [support@optionpit.com](mailto:/support@optionpit.com)  [logo, header, fopr] What To Watch: Bank Earnings on the Horizon Starting Fri July 12 🌅 Dear Option Pit Research, Earnings are firing up at the end of this week and early next. This is the most important earnings season we’ve had in the last two years, and today I’m going to walk through exactly why - what to look for over the next two weeks - and how we plan to leverage earnings to profit. [Let’s start with what to watch right now…]( - Hannah  [fpri] Powell Increases Probability of Correction Hey Income Hunters, During Powell’s testimony to congress today he hinted at the risk to the economy when he stated … “Elevated inflation is not the only risk we face. Reducing policy restraint too late or too little could unduly weaken economic activity and employment.” He also called the labor market “strong, but not overheated”, which indicates the Fed may react to any further increase in the unemployment rate. These statements elevate the importance of the CPI report on Thursday, which is expected to show further weakness. Any surprise to the upside in CPI on Thursday will make the Fed’s job a lot harder … Why? Because the global economy looks like it is on the precipice of a hard landing … [Click through for the gory details …]( - Bill --------------------------------------------------------------- Never miss an edition of Bill Griffo's Power Income Newsletter ever again. [Click this link to sign up!](  [fpip] Everglades Rollercoaster Hi Shoppers, Ever take an airboat ride? We did it the other day and it was a blast! It was almost like a roller coaster ride through the Everglades. We were expecting a ton of bugs but there were zero! Kinda hard to believe. And we did see an alligator. [Check out the video here.]( I highly recommend it if you are ever in south Florida. Makes for a great family outing. On to the markets … We have a bull rally on our hands which may or may not be getting toppy. The banks are the first to report earnings Friday and Monday. Here at Option Pit, we are all in agreement that we need good earnings to keep this rally going. [Rally or sell off Andrew has the strategy for all market conditions with his Weekly Profit Cycles service.]( He is currently generating 20% every two weeks. We get a big market move and that goes to 5x-10x higher. [You need to check it out.]( [After that, I have a quick cheap trade idea in Ford (TIcker: F).]( - Licia --------------------------------------------------------------- Join Licia's trading community and start receiving her Profits In Pumps Newsletter. [Click this link to sign up!](  [fprm] Skynet is Thirsty Hey Influence Traders, The high temp in Vegas yesterday was almost 115 degrees. As some of you know, I used to spend a lot of time in Vegas, back in the ‘90s. Between the lights of the strip … and the heat … that town uses a lot of electricity. You know what is also sucking up electricity at a growing pace? AI and its Data Centers! Generative AI queries need more computing power than traditional searches. The average ChatGPT query requires 10x the computing power of a Google search. AI data centers are driving rapid growth in electricity demand, risking supply shortfalls. Some predict that AI will double electricity demand over the coming years. Demand is going to inevitably outstrip supply, and that means opportunities for growth. Let’s dive into some potential winners. [Light ‘em Up!]( - Frank --------------------------------------------------------------- Get all your DC Insider info inside of Frank Gregory's "Power Moves" Newsletter. [Click this link to sign up!]( --------------------------------------------------------------- Don't miss when our traders go live! Get an alert everytime we open the live rooms to all of our readers for free by selecting the calendar you use below. 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