Before I get started…
This Saturday (December 4th) Stocktwits is having their second annual ‘Chips For Charity’ poker tournament. You can register here.
Compete to win $5000 in crypto while raising awareness for and promoting diversity throughout the financial sector. Proceeds from this event will go to Wall Street Bound.
It is just $200 as an entry fee.
Onwards…
Yesterday Apple hit all-time highs and a $2.6 trillion market cap. Long live Apple. I love my iPhone and my Macbook and my airpods and my new desktop machine (probably my favorite Apple product ever).
Over in China, Alibaba nearly touched $1 trillion before Xi said enough is enough with Jack Ma and big tech. Alibaba has now lost $500 billion in market value.
I am not sure anymore what the largest company in China is, but the clamp down on technology companies by Xi is frightening.
Apple has had some 50-60 percent pullbacks I think in the last 20 years, but I am grateful for American markets.
