To: spyder66 who wrote (211029) | 10/29/2021 1:07:30 PM | From: Art Bechhoefer | | | Maybe the analysts aren't even writing anything but are relying on computer algorithms. Apple had a pretty decent earnings report. So did several other companies. Even when earnings guidance was positive, the share prices of the companies dropped. Apple is no exception. Another company I follow is Gilead Sciences, which reported earnings gains of about 18% yesterday. Also pretty decent guidance. GILD shares are down about 3% today.
Computerized trading, based on algorithms that often are proprietary, are used frequently for exchange traded funds, where all stocks in a particular category may be affected. Among tech stocks, Apple and many of its suppliers have been affected downward on the assumption that supply shortages will continue. Among biotech stocks, especially smaller, development stage firms, similar downward pressure is exerted, especially because many, if not most of these smaller stocks pay no dividend and may earn little or no money at this stage. Gilead, like Apple is an exception. Both companies reported really decent earnings, but both stocks fell after hours and in trading today.
Meanwhile you have stocks like Tesla, valued more than Ford and GM combined. It makes no sense. I'd suggest looking for stocks with low downside risk, and I include Apple in this category because of its large cash reserves, dividends, cash buybacks, popular brand name, and future earnings, even if dampened by supply shortages.
Art |
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To: Art Bechhoefer who wrote (211030) | 10/29/2021 5:18:39 PM | From: Stock Puppy | | | Meanwhile you have stocks like Tesla, valued more than Ford and GM combined. It makes no sense.
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I say this as someone who never had $ in Tesla stock except perhaps unknowingly via a mutual fund:
Tesla has tremendous potential and they are well ahead of other car companies in terms of electric cars, besides the other things that they are sticking their nose into. They were clever (or lucky) enough to avoid the current chip shortage that is plaguing other car companies and at least for now, politically, there is a strong push for electric cars.
One might argue this: just like it wasn't too wise to underestimate Steve Jobs, the same probably goes for Elon Musk. I am impressed by both his craziness and his accomplishments.
But it is a risk (I thought the same for Amazon - which I did own some stock and sold it for a relatively paultry profit long ago...) Heh.
Personally for cars, if I were to go electric, I would prefer a hybrid - the infrastructure will take a much longer time to put in place that these politicians seem to think, IMVHO. Much more needs to be in place even if there were many charging stations.
I'd suggest looking for stocks with low downside risk, and I include Apple in this category because of its large cash reserves, dividends, cash buybacks, popular brand name, and future earnings, even if dampened by supply shortages.
Art
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Much agreed.
If I had a lot of $$ in Tesla, I might have trouble sleeping.
With Apple, there is a lot less downside potential and I sleep like a puppy (see below)!
But still waiting for the Apple "beleaguerment" to diminish - come on, let's have some insane PE's! :-) :-) :-) (maybe will happen when we have flying cars or nuclear fusion... eh.)
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To: Stock Puppy who wrote (211033) | 10/29/2021 10:21:27 PM | From: greg s | | | I guess at 70, I might be considered an older dog.
I spent my life in semiconductors, watching the triumvirate at Intel, Gates, Jobs, etc., etc.
But Musk may be the smartest fellow I have witnessed.
Time will tell but I'd never bet against him. |
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To: MeTwo who wrote (211035) | 10/30/2021 4:27:48 PM | From: Doren | | | Markets have always been irrational to some extent. See Tulip Bulb Crash.
It does seem to me that right now its the most irrational I've ever seen.
Because of that speculators have done really well... many of them haven't been through a real crash. They'll be the first ones to bail in the inevitable next crash, according to history.
Most of them don't even know what value investing is. They're all momentum speculators.
I started investing too late to really make money in it and learned the key to it the hard way Make sure you aren't forced into selling at the wrong time. If you can hold through downturns and buy companies who actually make money you're pretty much guaranteed to win long term. Nobody can time the markets. Even science fiction writers and film makers get predicting the future way WAY wrong.
But the best thing historically to buy first is a home. Hard to lose on that long term. Ya gotta live somewhere. |
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From: Stock Puppy | 11/2/2021 10:18:59 PM | | | | Dividend coming up (from Apple web site):
Announced:.................Record.......................Payable
October 28, 2021 .....November 8, 2021..... November 11, 2021 ........$0.22 .....Regular Cash
Oooh - in ™Regular Cash!
No phoney bologna money or gift cards or that creepy slimey invisible crypto stuff - (didn't anyone ever read "Tales From the Crypto"?) it's cold, hard cash!
Also known as cashy money!
I'll like mine in small bills, please.
Hey - what do you mean they don't make bills that small? |
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From: NAG1 | 11/3/2021 9:59:33 AM | | | | Apple Watch continues to save lives
ped30.com
Apple Watch is a very important part of the Apple ecosystem. I was thinking that they might open it up for the Android system but it probably won’t happen for a while. |
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