It has occurred to me that people who own AAPL (Apple) products remain fiercely loyal. If they own an Apple phone, the next phone they own is also an Apple phone. If they own an Apple MAC computer, the upgrade will also be an Apple MAC pc. If they own an ipad, their next upgrade ,I surmise, will also be an ipad and not an android model. They will do this even if the competitor product is cheaper.
Along these lines, as APPLE moves into other arenas such as making payment (Apple PAY), people…
I came out of today with two key thoughts.
1) when the market has a big down or big up day, there is usually a good reason attributed to the up or downswing. I looked hard and far today for a 'good' reason or a 'bad reason' for the downturn. Today it was one of very rare events. THERE WAS NO REASON FOR THE DOWNTURN. The pros finally had to generalize and state it just was overall fear and anxiety. In other words, the market fell for no good reason, a flawed downswing.
2) During the&…
AAPL (Apple) Scorecard:
Journey to 203 target - My watch started at 98, AAPL at 103 intra-day, only 100 points for target goal.
MBLY : This stock is one of my portfolio members. Make no mistake, it's a speculative purchase. Currently at 51, based on earnings earmarked for 2014 at .19. Earnings estimate for 2015 is at .39... almost doubled.
All the trash talk dear Mr JoeJustJoe spewed out last week apparently goes for naught as AGAIN this BULL MARKET baffles 3J and a whole lot of market media types who just don't understand how this bull market works. In a roaring bull market like this one, there will be occasional dips and small corrections.
Watching 3J in action is a lesson on how NOT TO BEHAVE in a roaring bull market.
I sold NOT ONE SINGLE SHARE last week as I knew the downturn and fears and panic in the market w…
Why even anyone considered selling AAPL last week is beyond me!
AAPL continues to march forward Icahn's predication of 203....
.....and so it begins ....
AAPL exceeds earnings for the quarter... No surprise
AAPL exceeds sales of iphone6 ..... No real surprise
AAPL sales of MAC PC's hit record .... ok, a surprise
AAPL continues to buy back shares ..... No surprise
AAPL margins at high end of forecast .... Nice
I expect APPLE PAY to be huge.
I don't e…
"A baby has brains but it doesn't know much. Experience is the only thing that brings knowledge"
The 'market crowd' is usually wrong. However it is acting normal. Emotion provides a strong but not necessarily a smart reaction. Winners like Buffet, Icahn, Einhorn .... the smart money .... are winners by not following the 'market crowd' and avoiding panic fears.
That's the number of stock shares I sold last week. Zero.
There were dozens of reasons to sell by looking at technical charts, however I could not find ONE reason to sell looking at fundamentals !
The panic, fear,despair, of last week, in my opinion, was flawed. There wasn't a long lasting reason for the market to drop. I'm in this for the long haul. Have a good day.
Today's major thought, as Time Warner and Comcast look on dumbfounded, is the announcements by ESPN (a DIS owned company) and CBS of providing internet subscription TV. Sony is also ready to join the fray. This has occurred much sooner than the 'experts' had predicted. Are you tired of paying $100 - $150 a month for a bundle of TV stations you don't watch. Now is the beginning of allowing one to select their channels for viewing.
LUV is never having to say your sorry.
My website, ROBTHEMARKETB…
yep, it that time again, it's WARREN BUFFET time, it's time to scrap the bottom of the barrel, look among the debris and dust and clutter , and find those screaming BASEMENT BOTTOM BARGINS that are on SALE!
I didn't think it had staying power when it first debuted... but it has and has done even better... those of you, and there are evidently many of you, that like to pay STARBUCKS COFFEE rob you blind prices at home. And many have with the Green Mountain Coffee system. GMCR i…
ROYALS going to the World Series. Per a survey on ESPN, 75% of USA thinks ROYALS will WIN the World Series ! GO ROYALS
"I don't like that word: 'Unbelievable', Don't use that word. Nothing is unbelievable." Buck O'Neil - Negro League Hall of Famer
In the meantime, went to Costco where gas was priced at $2.779 per gal.
oh, the stock market ? As I said earlier, this is the best time to buy and lock into a stock long term since early 2008.
Rumor has it that APPLE r…
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