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Apple Inc. (AAPL) Significantly Undervalued

David Zeiler: Any previous estimates of iPhone 6 sales need to be tossed out. Evidence that Apple Inc.’s (NASDAQ:AAPL) next-generation smartphone will include a virtually unbreakable sapphire screen will push sales far beyond earlier expectations, which means that Apple stock at below $100 is significantly undervalued. The Cupertino, Calif.-based tech giant used sapphire covers for the camera and fingerprint-reading home button in the iPhone 5s, but a sapphire screen is a major upgrade. Not only is it almost perfectly transparent with no distortions... -ETF DAILY NEWS

S&P 500 Suffers First 1%+ Drop Since April 10 – Is this Bad News?

Today the S&P 500 lost more than 1% for the first time since April 10, 2014. This sell off comes amidst many predictions for a bull market end or market crash. In reality, how significant is today’s loss? Streaks exist to be broken. The S&P 500 just broke a 66-day streak of not losing more than 1%. April 10 (blue box) was the last time the S&P 500 lost more than 1%. Is today’s loss a bad omen? Nowadays everything seems to be a bad omen, otherwise we wouldn’t read headlines such as: “Two signs a market crash is coming” “Bubble paranoia... -iSpyETF

Even Central Banks are Forced to Buy Stocks

Talk about a classic catch-22. Central banks around the world are haunted by the very monster they created – low interest rates. This forces them to buy stocks. But, this is not the only reason for relentless stock market highs. The low-interest rate environment is not only putting the squeeze on savers and retiree’s, it’s also forcing central banks to look for greener interest pastures. Central banks are caught in a classic catch-22 scenario. To spark their economies, central banks have lowered rates. This has cost central banks around the globe $200... -iSpyETF

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