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Quote of the Day

"Consistency has been the characteristic trait of the Tim Cook era. It is a smoothing of seasonality with services. It is the clockwork delivery of product updates, regardless of macro and externalities. It is a growth in user base consistent for a decade."

(Horace Deidu)

Chart of the Day

The only coal-focused ETF, the VanEck Vectors Coal ETF ($KOL) is closing. (chart via @ycharts)