Notes And Comment -- Late Afternoon -- April 13, 2021

France: the French are absolutely nuts. The country is set to ban short haul domestic flights of less than 2.5 hours duration (won't affect connecting flights) where travel by rail is available. This is all in the name of CO2 emissions. So now, add yet another Covid-19 super-spreader transportation scheme. Whatever. Link here. Meanwhile, the Chinese keep building their coal plants.

AAPL: I doubt the experts would call this a "breakout" since AAPL has traded much higher in the recent past. However, after being in a narrow trading range for the last few weeks, AAPL is starting to show some interesting activity.

Re-posting from earlier today --

AAPL:

• with a recent move from $119 to $133 / I suggested that AAPL had "broken out" a couple of days ago. More evidence: today AAPL is up almost 1.5%; up almost $2.00; now trading over $133.
• staggering: and no one seems to notice -- PC shipments notch fastest quarterly growth in twenty years; in twenty years! Are you kidding me. That is completely staggering. The pie has gotten much, much bigger, and the number of slices (number of PC makers) has dropped considerably.
• China’s Lenovo Group Ltd grabbed the lead with a 25.1% market share, followed by HP Inc, Dell Technologies Inc, Apple Inc and Acer Group, according to the report.
• expect to see much more at MacRumors later;

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Apple, Inc. special event, just announced: April 20, 2021; 10:00 PDT.