Bloomberg Market Wrap 1/29: Apple, EBay and U.K. Stocks

The video discusses the market performance of Apple, highlighting investor concerns and mixed signals from technical indicators. It also covers eBay's strategic plans, including a buyback program and potential sale of StubHub. The impact of Brexit on UK stocks is analyzed, noting a negative correlation between the pound and equities, which presents both challenges and opportunities for investors.

What technical indicator is mentioned as providing strong support for Apple's stock?

• 50-day moving average

• MACD

• RSI

• 200-week moving average

What percentage stake did Elliott Management report in eBay?

• 2%

• 4%

• 6%

• 8%

Which company is NOT mentioned as a potential acquirer of eBay's StubHub?

• Amazon

• Google

• Walmart

• Target

Since Brexit, how have UK asset managers generally positioned themselves regarding UK stocks?

• Neutral

• Underweight

• Overweight

• Highly invested

What significant change occurred in the correlation between UK stocks and the pound?

• It turned negative

• It became highly volatile

• It remained unchanged

• It turned positive