Apple in all-time high supported by “exceptional demand” for the iPhone X

CNBC is quotting Nomura’s analyst Jeffrey Kvaal stating that the demand for the iPhone X is “exceptional.”

Apple had already stated, on Friday, that “We can see from the initial response, customer demand is off the charts.”

However, note that the problems involving the production of key components for the X line have not disappeared. The ability of the company to fulfill demand throughout the Christmas quarter is still far from sure.

Source: CNBC

Photo Credit: John Karakatsanis

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Pepe Maltese

I used to trade inside the machine. Now I just raid it.

I publish two high-conviction setups daily — one momentum, one turnaround — filtered through tape structure, volume shifts, and misaligned narratives.

Some of these turn into full trades. A few evolve into deeper stories. The rest get cut.

This isn’t education. This is intelligence.

I don’t run ads. I don’t sell dreams. I track price, watch structure, and call bullshit when the story breaks.

Follow the setups. Fade the noise. Stick it to the man.

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