Bad Santa Buys Bonds, Bullion, & Bitcoin; Rotten Apple Spoils Promised Stock Rally

This was not teh Santa Claus rally that everyone was promised…
All thanks to ‘rotten’ Apple… as analysts lowered iPhone X shipment projections for the first quarter of next year, citing signs of lackluster demand at the end of the holiday shopping season, and the company’s shares fell Tuesday along with those of some suppliers.
Nasdaq ended Boxing Day deep in the red…Small Caps managed to close green…

This post was published at Zero Hedge on Dec 26, 2017.

 

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