Simpler Stocks: Apple’s Threat From the EU Drags down the /NQ

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The EU decision to charge AAPL 14 billion in taxes spooked the big NASDAQ stocks, which in turn became a drag on other major indexes. A failure of the /NQ to hold the 4765 level could open the door to sharper losses, which could bring the SPX down to “Pre-Yellen” levels from last Friday.
Chris Brecher | Simpler Stocks
Forecast for Wednesday, August 31, 2016
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