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FOMC Meeting Samsung Over Takes Apple, AI Demand Indication Ahead From AMD, Amazon And Super Micro

Benzinga ·  Apr 30 11:19

To gain an edge, this is what you need to know today.

Samsung Overtakes Apple

Please click here for an enlarged chart of 20+ yeariShares 20+ Year Treasury Bond ETF(NASDAQ:TLT).

Note the following:

  • The chart shows that bonds have fallen this year.
  • The chart shows that bonds are consolidating in the mini support zone.
  • Lower bonds mean higher yields. Higher yields mean lower PE ratios. Lower PE ratios mean lower stock prices, unless earnings rise.
  • So far, due to a strong economy because of the Fed's second blunder and reckless spending by the government, earnings are better than...
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