Closing Market Report 7/1/2015

The KUIK Closing Market Report for Wednesday, July 1:
Markets were up.
Index Direction Change Units Index Time Change
Dow Up                    138 points           17,758 2:45 PM
S&P500 Up 0.7% percent             2,077      14.31
Nasdaq Composite Up 0.5% percent             5,013      26.26
30 Year Treasury Up                     10 Basis Points               3.20 Annual Yield
The iPhone continues to be the breadwinner for Apple, but “Anecdotal evidence suggests Apple Watch demand is slowing quickly” according to Portland’s Pacific Crest Securities analyst Andy Hargreaves. The brokerage reduced its fiscal 2015 watch unit estimate to 10.5 million from 11 and cut its 2016 estimate to 21 million from 24. Shares of Apple closed today up 0.9% to $126.52 a share.
Serving the West Side first I am Bill Roller of BR Capital for 1360 KUIK.
http://www.marketwatch.com/story/apple-watch-demand-slowing-quickly-2015-07-01
For today’s Closing Market Report click to listen->