Apple to announce a $100 billion investment in the US today ...Middle East

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Looking at the daily chart of Apple, it fell back below its 100-day moving average earlier this week at $206.05. With the price currently trading at $205.80, the price still remains below that moving average. It would take a move back above the level to tilt the technical bias more to the upside. The all-time high price came in at $260.10.

In addition to price issues with things like iPhones, Trump is also proposing that there will be tariffs put on chips made outside the United States as well.

Make America not so Great Again, but tariff revenue will be coming in.

This article was written by Greg Michalowski at investinglive.com.

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