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Steve Weiss wasn't impressed with the timing, stating, "SHe should've been worried about it before. ... She put out a huge report in November about China, how that's the opportunity. And guess what. China's not working out, as she pointed out. So here's the story in Apple. ... The iPhone X has not worked out for them. Tim Cook is not an innovator, we know that. But he's supposed to be a supply-chain guy. Yet, their AirPods, which I think are great product, they didn't have enough in stock for Christmas. They still don't have enough in stock. ... So I personally think they do better with a better CEO."
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For a final trade, Joe said what SBUX is doing in terms of PR is "very positive." Kari Firestone said BSX. Doc called Judge "Doug" amid chuckles and said IPG. Pete said you can win with WYNN.
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Weiss said he agrees with that on one level, but the constant trade retaliation "creates an uncertainty about an unstable White House that shakes markets."
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Jim Lebenthal said GS had a "blowout" in trading and explained the stock's reaction this way: "This is not about Goldman Sachs having done anything wrong. This is simply about the financial sector being unloved right now. ... Frankly I think you're crazy if you're selling financials here."
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