aapl
fire starter
Posts: 184
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Post by aapl on Feb 13, 2024 2:49:11 GMT -8
Urgh....more red this morning in the premarkets: 185.89 -$1.26 (-0.67%)
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,117
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Post by Dave on Feb 13, 2024 4:18:53 GMT -8
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4aapl
Moderator
Posts: 3,651
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Post by 4aapl on Feb 13, 2024 7:24:36 GMT -8
CPI came in a little higher than expected Inflation: Consumer prices rise 3.1% in January, defying forecasts for a faster slowdown"shelter" is staying sticky, at a 6% annualized rate, for rent and equivalent rent. While housing is already a lagging figure, if I remember right they use a calculation that makes it even more of a lagging figure. It's interesting paying attention to some of these slow moving things and how much press they can get over time while so many people are waiting around for them to change. I really remember real estate, going up and then down around 2006-2008. The same happens with inflation, looking at the annualized rates and not looking as much at the shorter term changes. But the article points out that the PCE price index which the Fed prefers has dropped below the 2% annualized rate when looking at the last 6 months of data.
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Post by Luckychoices on Feb 13, 2024 9:28:57 GMT -8
A red AAPL chart is seldom easy to take for AAPL investors...but, IMO, it's even worse when similar stocks are green...that's not the way it is today, at the moment. Plus, for those of us who auto-reinvest all or some of our AAPL dividends, remember that last November's auto-reinvested dividends bought new AAPL shares at about $189/share. This quarter it looks like we may be buying new AAPL shares even lower than that...so it's not all bad. Cheers to the very patient AAPL Longs!
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Post by duckpins on Feb 13, 2024 11:08:47 GMT -8
My top 30 stocks-those with most cash on hand-one show 3 in the green and just barely.
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