Apple Sets Product Launch For September 9

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Mark Melin
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Updated on

Apple Inc. (NASDAQ:AAPL) computer has set September 9 as the day it will unveil its much anticipated new iPhone 6 and wearable products, as momentum investors continue to like the stock ahead of the new product release. The stock reached a new record high today, trading above $102 per share in early afternoon trading. Apple to hold its event at Performing Arts center The product release will be held at an event at the Performing Arts center near Apple’s headquarters in Cupertino, CA, according to a Bloomberg report. At the event, Apple is expected to reveal its two new iPhone…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.