D&D Note (6.5.2018) ~ Apple Closes In On One Trillion Dollar Valuation ~
The world’s most valuable company Apple is only about 5% away from being the first company to hit a One Trillion Dollar valuation. With its transition from a hardware company to a services company it might have a lot more room to run if its services division can increase from 15% to 25% of revenue.
Retail stocks and the FANG stocks continue to hit 52 week highs. The NASDAQ hit another all time high today of 7637.86.
Pot Stocks are lighting up this week ahead of the crucial vote this Thursday in Canada to legalize recreational cannabis. If the vote goes through Canada might even start selling recreational cannabis by the end of the summer.
Today D&D added to our position in the BioPharma Pot Stock IMLFF. We also added to Royal Dutch Shell and will add again on further weakness. D&D also added to our all time favorite stock Taiwan Semiconductor which benefits from all Tech including Apple as well as the blockchain.
The VIX remains low below 13 so now is a good time to buy Put protection if one so feels they need it.
D&D movers:
– MEDFF up 5.21%
– CNTTF up 5.15%
– AMZN up 1.87%
– WNS up 1.26%
– IMLFF down -2.57%
– TSLA down -1.89%
– TSM down -1.08%
– BAC down -0.95%
Indexes
– DOW down -0.05%
– NASDAQ up 0.41%
– S&P up 0.07%
Sector Movers:
– Materials up 0.76%
– Consumer Discretionary up 0.57%
– Telecom up 0.50%
– Utilities down -0.64%
– Consumer Staples down -0.48%
– Real Estate down -0.47%
Notes
– US 2-YR 2.492% (down -0.016)
– US 10-YR 2.915% (down -0.022)
– US 30-YR 3.074% (down -0.009)
Volatility
– VIX 12.56 (-1.41%)
Crypto (1:00 PST)
– BTC $7,618.39
– ETH $605.96
– BCH $1,144.79
– LTC $120.94
Metals
– Gold $1,301.40 up 0.32%
– Silver $16.52 up 0.54%
– Copper $3.2145 up 2.55%
Energy
– Oil $65.36 up 0.94%
– Brent $75.04 down -0.33%
– Nat Gas $2.888 down -1.43%
D&D Investments 
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