Apple Said to Seek Lower Taxes to Start Manufacturing in India
Apple Inc. wants India to offer tax concessions on iPhones that the company plans to manufacture in the country, a person with knowledge of the matter said.
The company wrote to the industry ministry last month seeking lower import and manufacturing duties, the person said, asking not to be identified citing rules on speaking to the media. The concessions should continue even after the government rolls out its goods and services tax which is expected to subsume all existing tariffs, the person said.
Why Apple Inc. (AAPL) Stock Won’t Be Derailed Anytime Soon
The iPhone, iWatch and the U.S. Supreme Court will hurt, but not kill Apple stock
The winter holiday season is supposed to be a festive one, especially for those in the consumer retail sector. With millions of Americans eager to spend their hard-earned money, this is the best time for companies to get things right.
So it’s a bitter pill to swallow that Apple Inc. (NASDAQ:AAPL) got a lump of coal in its stockings. Despite its status as one of the most trusted and popular brands, AAPL stock is taking a lot of heat for its core products.
Stock’s to Trade 12-30-16 | Friday Edition
Bullish Momentum: MBLY, NEM, AEM, NVDA, CRC
Bearish Momentum: srpt, twlo, ntnx
Bullish Order Flow: NVDA, IBM, KMX, ADNT, COST, SLCA, UAL, LRCX, TRGP, PNC, CLVS, WDC, TSLA
Bearish Order Flow: ntnx, twlo, srpt, dltr, mnk, jwn, vrtx, baba
Double Normal Volume: NVDA, MBLY
Stock Trading News 12-30-16
Wall Street stocks aim for a positive final session in another bullish year
U.S. stock futures were moving higher on Friday as investors got ready to close out the final trading session of 2016, which is set to deliver the best year for the Dow industrials in three years.
With one session left to go, the Dow is set finish the year 13.7% higher, which would mark the biggest percentage gain since 2013.
Amazon holiday sales: Enough TVs to dwarf Mt. Everest
Amazon just had its greatest holiday season ever.
And the retail giant had some fun detailing just how great it was. The voice-controlled Echo Dot was its top-selling item, followed by its Fire TV stick, Fire tablet and Echo.
Oil prices on track for greatest yearly percentage gain since 2009
Oil prices are on track for their biggest annual percentage gain since 2009 on the back of an agreement struck between OPEC and non-OPEC countries to cut crude production output.
Stocks Close Slightly Lower; Goldman, JP Morgan Fall
The Dow’s hunt for 20,000 took a breather today ahead of the three-day holiday weekend. The Nasdaq led the market lower, giving back 0.1%.
The S&P 500 and Dow Jones industrials fell fractionally.
While financials faltered on the blue-chip index, no other stocks gained or lost more than 1%. Volume tapered across the board compared with Wednesday’s session at the same time.
Russia Warns Of “Proportional Response” To Obama’s “Paranoia”
Russia Having already made it clear that any sanctions would be met with retaliation, IFX reports that Russian Commissioner Foreign Ministry on human rights, democracy and the rule of law, Konstantin Dolgov exclaimed that “any anti-Russian sanctions are futile and counter-productive.”
Kremlin spokesman Dmitry Peskov added that Russia has no alternative than to make a proportional response, adding in a call with reporters that Moscow “doubted the effectiveness of the measures as the current U.S. presidential administration was stepping down in three weeks” while Duma Foreign Affairs head Slutsky slammed U.S. sanctions as “signs of real paranoia.”Warns Of “Proportional Response” To Obama’s “Paranoia”
How to Break Negative Trading Patterns
Many traders will observe a trading psychology problem, such as undersizing positions or overtrading, and will then lay out a goal for the next day to not make the same mistake.
If you fast forward several months, you commonly find that they’re still making those mistakes, still setting those goals.
What’s going wrong?