Apple seems particularly vulnerable to negative earnings shock on supply and demand headwinds.
Apple seems particularly vulnerable to negative earnings shock on supply and demand headwinds.
10 Year Treasury 1.39%……
Ghost of Igloi wrote:
10 Year Treasury 1.39%……
yeah
remember that big sale I made a couple months ago? I've had the proceeds in cash, waiting to go into bonds.
I have in my head I'll buy bonds when the 10 year gets to 1.75%. We got close 2 or 3 times but I never pulled the trigger. Shoulda, I guess.
I just don't think 1.4% is a reasonable interest rate when inflation is 4-5%.
Ghost of Igloi wrote:
:-)
*has base level Cayman*
How do you do, fellow Porsche owners!
agip - Can I get some results on our GYNA bet?
Prof. Racket wrote:
agip - Can I get some results on our GYNA bet?
I have no idea what you are talking about
Anyway
VIX 30, the highest it's been since the last week of January.
It's all the hedgies well buying expensive hedges to protect their 2021 results to get that sweet 20% incentive fee.
They will most likely all have to pile back in in just a few weeks.
ARKK down over 40% from its highs
Down 7% today, 52 week lows.
I dunno man
I'm not an ARKK kind of investor but that's capitulation. Maybe I'll toss some dollars in in my exceedingly small trading account.
Greetings!
Idk if I have mentioned this before, but every time I leave the US, the markets go south! I am currently less than 4% in the markets at all, and will let that percentage ride. It has taken a 5% hit so far during this round, with more losses to come today, I am sure. It is all in TRBCX.
I hope to buy some things if this pressure continues. I like the idea that AAPL will likely enter the auto market, even though their phone sales might flag. Idk if they will understand that market or not, but I do think that there will be optimism around the stock.
Was in Geneva yesterday. Zero panic, over anything. Main interest seemed to be energy trading going on in Holland, and infrastructure project financing. Those I have heard from here are not on the US markets in any real way, they feel it is seriously overheated—but I must say, they are all really stodgy. Nobody ever likes it when I point out that their cantonal banks own AAPL, as though it’s something you just don’t talk about.
And nobody has any clue about the state of civil unrest in many urban areas of the US, nor do they seem to care about EU immigration issues. The big political talk is how to suppress the so-called “far right” in the upcoming French elections, and what is happening with Charlene. Also there is worry that Putin will walk over Washington because the admin is seen as weak.
Same old. Wild day, will follow until close, by which time I will be totally inebriated on warm spiced wine at the Christmas fair on the belvedere—so be prepared for some posts that might be even more incoherent than usual😁
Maser wrote:
And nobody has any clue about the state of civil unrest in many urban areas of the US,
do any serious people actually think there is 'civil unrest in many urban areas of the US?"
agip wrote:
Maser wrote:
And nobody has any clue about the state of civil unrest in many urban areas of the US,
do any serious people actually think there is 'civil unrest in many urban areas of the US?"
People living in dense urban cities have been pissed for literal millennia.
Nothing new here
Prof. Racket wrote:
Ghost of Igloi wrote:
:-)
*has base level Cayman*
How do you do, fellow Porsche owners!
Yes, but I own SARK 😹
I am taking Matt Damon’s advice and going the other direction, i.e. SARK. 😹
The estimated (year-over-year) earnings growth rate for Q4 2021 is 20.9%, which is well above the 5-year average earnings growth rate of 11.8%. If 20.9% is the actual growth rate for the quarter, it will mark the fourth straight quarter of year-over-year earnings growth above 20%.
Munger’s just Buffett’s also-ran doormat. He is no longer a factor, merely a character. His only potential virtue is that of entertainer, if one enjoys grumpy old men.
Re btc—it’s still at 54k. Sorry if you missed that: 54k.
Agip I still don’t know what kind of world you live in. First you denied inflation, then said you didn’t notice it in your own life, now you deny urban american civil unrest. I submit that you may exhibit a psychological dimension of oppositional defiance.
Anybody have any broad buying targets? I will be visiting Nestle next week before deciding to make a significant purchase, they have a nice campus and it’s close by. After that I have been invited to go to a few places with some retail consultants, including that private gem that everybody is trying to pry open: Ikea. Makes me laugh every time I hear people say that they know enough about a company from public disclosures, to invest.
Maser wrote:(1) Re btc—it’s still at 54k. Sorry if you missed that: 54k.
(2) Anybody have any broad buying targets?
(1) Yep, been watching it. Will buy in - ALL IN - at $16k. :-)
(2) PTON. I bought one for my spouse just recently, and now I understand the excitement. These are a game changer. I've ridden TONS of exercise bikes over the years, but never enjoyed it like I do now...