Monday, May 16, 2016

Buffett buys Apple. MMT Trader had it as a recommendation.

I had Apple as a "buy recommendation" @ 90.67 and this position got filled last Thursday. Now it comes out that Buffett is long $1 billion worth of Apple stock and everybody is rushing to get in.

Furthermore, remember that I called the bottom in oil back on January 14. Goldman was bearish. Now Goldman has reversed its view saying that the global oil market has flipped from oversupply to deficit and it's bullish.

I called that, four months ago!!


Matt Franko said...

Icahn out... Buffet/Mike in....

Dave said...

I bought Apple and Delta on your recommendation Mike, and I'm glad I did. Mike Norman for Fed Chairman !