Last Week -- The Thrill Of Victory; The Agony Of Defeat -- October 19, 2024

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Link here.

Room tone. Link here. First heard of "room tone" when listening to a David Lynch interview.

Investing this past week:

• AAPL led the magnificent seven the last day of this incredible week. Link here.
• Apple: digital wallets. Link here.
  
• App Economy ASML. Link here. Just had its worst day in 26 years. Wow, the analysts misread this one.
• Nvidia - NVDA -- wow, wow, wow -- link here. Beth.
• Nvidia - NVDA -- wow, wow, wow -- link here. Always blows my mind.
• US retail sales -- wow, wow, wow -- link here. When retail sales are driven by dining out and clothes, that speaks volumes.
• The trillion-dollar club -- link here.
• Hope springs eternal. It's not profit that "counts," it's margins. Link here. For the archives.
• American exceptionalism, Bidenomics. Link here.
  

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A reminder. Apple iPhone 16 sales soar in China after three weeks on the market. The buzz on Wall Street: Apple navigated the Chinese headwinds magnificently for the past two years. Magnificently. Remind: among everything else: the Chinese government banned Apple iPhone 16 for official use; discouraged Chinese consumers from buying Apple products. At least that's what we were told.