For years, the market has referenced The Economist’s Big Mac Index. Now, there is a new reference, iphone Index. Nomura Holdings Inc. suggest iPhone index. Nomula suggests the dollar is the most undervalued currency among 23 global peers, based on the cost of the Apple Inc. product in different countries.
The argument is the iPhone is high tech, and that’s going to be the bigger driver in the future. But, we have to remember, high tech comes and goes. Tomorrow, the leading product or products may no longer be iPhone. Then what’s next. Food, is something going to stay. Of course, there is no right no wrong. It is perfectly fine for iPhone Index.
Why US Dollar? See the link for more. http://www.bloomberg.com/quicktake/almighty-dollar.
Read the following link for more, http://www.bloomberg.com/news/articles/2016-07-25/drop-the-big-mac-pick-up-an-iphone-to-divine-dollar-s-direction.
A Bigger Picture – Stock Chart with Fibonacci
See the swing high to swing low, the price action close above 50% level and meet the 61.8%. The price action will respect the 61.8% level, true or true? Manage your risk.
Pay attention to the swing low, no price action has closed below it the most was just a spike.
September 16, 2016 Apple Inc Weekly and Fibonacci
Take Apart the iPhone 7, in 80 seconds. Wow!
See Bloomberg video on Take Apart the iPhone 7, in 80 seconds. Have fun!
Disassembling and Reassembling the New iPhone 7
Have you ever seen the internal of a iphone? You could see the internal of the iPhone 7 in the Bloomberg link. You could also learn how to open up the iphone 7. This is done by the iCracked technician.
See Bloomberg video on Disassembling and Reassembling the New iPhone 7. Have fun!
Remember if you did not break it do not fix it!
Moses US Stock Analysis
AmiBrokerAcademy.com
Disclaimer: All information, data and material contained, presented, or provided on amibrokeracademy.com is for educational purposes only. It is not to be construed or intended as providing trading or legal advice. Decisions you make about your trading or investment are important to you and your family, therefore should be made in consultation with a competent financial advisor or professional. We are not financial advisor and do not claim to be. Any views expressed here-in are not necessarily those held by amibrokeracademy.com. You are responsible for your trade decision and wealth being.