Why Apple is on fire: $217.58 edition

By Steven M. Peters Updated Jan 11, 7:11PM EST · Published Aug 18, 7:30AM EDT

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Two weeks ago it was Tim Cook’s bullish guidance, this week the easing of trade tensions with China.

Below: Apple vs. S&P 500.

Click to enlarge.

My take: There is joy in FUDville.

A straggling few got up to go in deep despair. The rest
clung to that hope which springs eternal in the human breast.

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