The overnight futures market is down big. The DOW is -1.32%, S&P 500 is -1.24%, Nasdaq is -1.65%, and the SmallCap 2000 is -1.13%.
Futures appear to be continuing the downward move from Tuesday, December 4, 2018.
The Nasdaq is leading the sell-off after Apple’s Tim Cook gave a chilling speech about how Apple will ban all “hate speech” on its platform. The problem is, the public is a bit too intelligent to fall for Cook’s Democrat leaning censorship scheme. One person’s truth, is another person’s hate speech. For example, the Bible gives very clear condemnation of homosexuality. To most, the Bible is the word of God and so it represents truth. To atheists, agnostics, and homosexuals, the Bible is hate speech. Hate speech in most cases is prone to subjective interpretation. In reality, Cook should be investigated for colluding with other social platforms to infringe on peoples free speech rights. Instead, because Cook drops the “hate speech” phrase, pro-Democrat groups rush to Cook’s defense even giving him “awards”. Meanwhile, the real America, you know, like 75 percent of the population, shakes their heads and sells out of Apple stock.
Tim Cook is a no Steve Jobs. In fact, Cook has been pretty much a disaster for Apple IMO.
I’m not saying all big-tech stocks decent downward into hell has to do with silencing conservative and Republican leaning voices over their platforms; however, it sure doesn’t help!