|
Post by chasmac on Nov 15, 2014 18:40:01 GMT -8
CNBC - Joe kernan should've been fired on the spot for his joke of an interview the other day. Not understanding basics about Euro/Ireland for a guest that you knew ahead of time was coming on is inexcusable. Consistently arrogant. He can give Apple hater Melissa Lee and teabag fool Rick Santelli (how many times has he been proven wrong?) a ride as well. Maybe we'll get a little more honest reporting but I wouldn't count on it.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,181
|
Post by JDSoCal on Nov 15, 2014 19:21:36 GMT -8
CNBC - Joe kernan should've been fired on the spot for his joke of an interview the other day. Not understanding basics about Euro/Ireland for a guest that you knew ahead of time was coming on is inexcusable. Consistently arrogant. He can give Apple hater Melissa Lee and teabag fool Rick Santelli (how many times has he been proven wrong?) a ride as well. Maybe we'll get a little more honest reporting but I wouldn't count on it. You just don't like Kernan and Santelli because they are conservatives. Deal with it, some people disagree with your left wing views, especially on a financial news channel. Apparently, Santelli is a fool because he thinks America can't just spend and print its way out of trouble in perpetuity? So your towering monetary intellect says otherwise? For the record, America can print and go deeper into debt with no possible consequences? Do you really think the Fed has the power to control interest rates forever? Yes or no? And what happens when rates go up? How can we possibly afford that? I'd really like to hear from someone as ingenious as yourself tell us how this is a foolish concern. Watch interest rates go up and then tell us Santelli is a fool. The dollar is up and gold is down? Time to fill up my safe.
|
|
|
Post by rob_london on Nov 16, 2014 5:35:45 GMT -8
|
|
Since84
Moderator
To infinity and beyond!
Posts: 3,933
|
Post by Since84 on Nov 16, 2014 5:44:39 GMT -8
For some reason Jack Benny's vault comes to mind...
|
|
|
Post by rob_london on Nov 16, 2014 6:37:42 GMT -8
According to BI, Unexpected Layoffs At CNBC. Hope they're looking in the mirror... Their latest trollol, which I won't link to, is some Ed Zabitsky wannabe named Bert Dohmen. Who the hell is Bert Dohmen? Well, he's the one guy they could find who had the temerity to go on TV and trash AAPL right now. I think he meets his clients in a Motel 6. Ah, Bert...he was on CNBC earlier in the year, with a $320 price target for Apple (pre-split): www.disruptivetechresearch.com/2014/05/brain-dead-apple-analyst/
|
|
|
Post by Red Shirted Ensign on Nov 16, 2014 7:50:44 GMT -8
Frankly, at this point in Apple's progress I welcome the Bears. Please, please, somebody short this pig! ? Let them shoot their BB guns at the side of the aircraft Carrier. It's both entertaining and, with Wall Street now on board with the Bulls...can provide a little jet fuel. By the way, where is the Saturn V? And did Doug Kass ever cover his short?
|
|
|
Post by artman1033 on Nov 16, 2014 8:17:42 GMT -8
|
|
|
Post by Lstream on Nov 16, 2014 9:02:43 GMT -8
Anecdotally I am seeing a lot of iphone 6+'s in the wild. Yesterday, I watched an interesting conversation between two Asian guys, one with a gold 6+, and the other with an unknown brand. The 6+ owner was raving about the new phone. TouchID, the camera and the size being more suitable for his larger hands were his main points. The other guy was very dismissive of Apple's prior phones, as he felt they were toys due to their smaller screens. His next phone is very likely a 6+ based on what I saw. Without be 6+, I bet both of these guys would be Android Phablet customers. Enjoy the tank Samsung.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,181
|
Post by JDSoCal on Nov 16, 2014 14:19:32 GMT -8
First off, I'd like to say that Sergey Brin looks like a frumpy little old lady in that pic. He can keep his billions if I'd have to look like that little nerdworm (that was a typo, but I like it. I just accidentally coined a new insult). And I've never understood this reflexive worship of someone just because he is uber-rich. As if that makes the person some indisputable genius? Mark Cuban is the worst example of it. Second, as Phoebes pointed out, I don't think it's a matter of wearables, or even eye-related Internet devices being bad per se. It's that Google Ass's implementation is horrible. Of course a creeper company like Google, whose entire business model is selling personal data, would make the thing all intrusive and stalkery. It's like the snake and the rabbit parable. Why did you bite me? "Because I'm a snake." I do think that someday eyeglass computers - maybe even embedded into contact lenses - may take off. Just the ease of use and freeing up your hands will make it appealing. I suspect they will be embedded into regular eyeglass/sunglass frames and project like a HUD on a windshield (like on my Vette) or fighter jet canopy. But they won't be from Creeple. Maybe they will come from some tech company that hired fashion and branding experts... Anyway, an ironic metaphor for the importance of not just vision, but also focus.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Nov 16, 2014 15:39:53 GMT -8
On a somewhat unrelated note, I'd love to know how CarPlay works these days. Anyone got a new car that supports it and can report back?
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Nov 16, 2014 15:42:29 GMT -8
The other guy was very dismissive of Apple's prior phones, as he felt they were toys due to their smaller screens. His next phone is very likely a 6+ based on what I saw. Without be 6+, I bet both of these guys would be Android Phablet customers. Enjoy the tank Samsung. So...he did a 180 now that he's seen the 6 Plus for himself, then? Most people don't care much about Samsung's financials - not many pay much attention to Apple's either - but those who do are probably in consensus about Samsung's calendar Q4 guide. It's just not gonna be pretty.
|
|
|
Post by chasmac on Nov 16, 2014 16:14:25 GMT -8
CNBC - Joe kernan should've been fired on the spot for his joke of an interview the other day. Not understanding basics about Euro/Ireland for a guest that you knew ahead of time was coming on is inexcusable. Consistently arrogant. He can give Apple hater Melissa Lee and teabag fool Rick Santelli (how many times has he been proven wrong?) a ride as well. Maybe we'll get a little more honest reporting but I wouldn't count on it. You just don't like Kernan and Santelli because they are conservatives. Deal with it, some people disagree with your left wing views, especially on a financial news channel. Apparently, Santelli is a fool because he thinks America can't just spend and print its way out of trouble in perpetuity? So your towering monetary intellect says otherwise? For the record, America can print and go deeper into debt with no possible consequences? Do you really think the Fed has the power to control interest rates forever? Yes or no? And what happens when rates go up? How can we possibly afford that? I'd really like to hear from someone as ingenious as yourself tell us how this is a foolish concern. Watch interest rates go up and then tell us Santelli is a fool. The dollar is up and gold is down? Time to fill up my safe. Just like friends that said they wouldn't vote for Obama because he would be bad for business. What utter nonsense. Record profits for companies and the Dow making record highs month after month doesn't sound like the disaster that Santelli predicted 6 years ago. After all, people that watch financial networks generally only care about one thing if they're honest and that's their portfolios. Last I checked, lots of people here were making ATHs in their portfolios. Yes, it's always debatable if it's sustainable so I guess Mad Man Mancuso, err, Santelli could eventually be "right". If interest rates go up up, who cares? The investor class/wealthy have already made their money. They don't care about the little guy. They could care less if they crumble (they already are according to every wealth study). I think we're screwed long term as long as the middle class wages are stagnant or get worse. The average Joe isn't making money in this bull market because they have nothing to invest. Kids coming out of college with worthless degrees and tons of debt means you have no one left to fuel the housing market (except those owning rentals). If they can't afford houses when interest rates are next to nothing, good luck when rates do go up. Whatevs, go Apple. ATHs, woohoo! I got mine.
|
|
|
Post by phoebear611 on Nov 16, 2014 16:17:59 GMT -8
If any of the technicians are browsing around on the Board this evening in between football games ... anything to comment on with respect to what your charts are showing you for this coming week?
|
|
|
Post by artman1033 on Nov 16, 2014 16:23:07 GMT -8
www.livetradingnews.com/apple-inc-nasdaqaapl-150-beyond-82747.htm#.VGk_i4ewCFsApple Inc. (NASDAQ:AAPL) $150 and Beyond HEFFX Target $150 Christmas Sales expected to set new records Apple Inc. (NASDAQ:AAPL) closed up 1.360 at 114.180. Volume was 20% below average (neutral) and Bollinger Bands were 66% wider than normal. Open High Low Close Volume___ 113.150 114.190 113.050 114.180 44,063,596 Technical Outlook Short Term: Overbought Intermediate Term: Bullish Long Term: Bullish Moving Averages: 10-period 50-period 200-period Close: 110.14 103.05 90.57 Volatility: 14 24 23 Volume: 40,511,944 59,403,544 61,208,360 Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon. On 11/14/2014, APPLE INC closed below the upper band by 0.9%. Bollinger Bands are 66.29% wider than normal. The large width of the bands suggest high volatility as compared to APPLE INC’s normal range. Therefore, the probability of volatility decreasing and prices entering (or remaining in) a trading range has increased for the near-term. The bands have been in this wide range for 14 period(s). The probability of prices consolidating into a less volatile trading range increases the longer the bands remain in this wide range. Summary APPLE INC is currently 26.1% above its 200-period moving average and is in an upward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect very strong flows of volume into AAPL.O (bullish). Our trend forecasting oscillators are currently bullish on AAPL.O and have had this outlook for the last 16 periods. Our momentum oscillator is currently indicating that AAPL.O is currently in an overbought condition.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Nov 16, 2014 16:27:40 GMT -8
My only comment re: kids graduating today is that the imbalance between the cost of tuition and their ability to pay has to be fixed. I paid my way through college at a time when the difference between minimum wage and tuition was far less than it is today. I think state governments have balanced some of their fiscal problems on the backs of students. Tuition has increased 10x over what I paid.
Having said that, those kids coming out of college with "worthless degrees" are choices they made. Some personal responsibility is in order.
|
|
|
Post by artman1033 on Nov 16, 2014 16:37:44 GMT -8
My only comment re: kids graduating today is that the imbalance between the cost of tuition and their ability to pay has to be fixed. I paid my way through college at a time when the difference between minimum wage and tuition was far less than it is today. I think state governments have balanced some of their fiscal problems on the backs of students. Tuition has increased 10x over what I paid. Having said that, those kids coming out of college with "worthless degrees" are choices they made. Some personal responsibility is in order. Over 40 years ago: Tuition= $1100 per year (Univ of MN) gas= 19 cents per gallon new full size car= $4000 Case of 24 bottles beer= $1.99 to 6.99 Pack of cigs= 85 cents I worked and went to school. I made $6.75 to $9.75 per hour.
|
|
|
Post by Red Shirted Ensign on Nov 16, 2014 16:48:43 GMT -8
My only comment re: kids graduating today is that the imbalance between the cost of tuition and their ability to pay has to be fixed. I paid my way through college at a time when the difference between minimum wage and tuition was far less than it is today. I think state governments have balanced some of their fiscal problems on the backs of students. Tuition has increased 10x over what I paid. Having said that, those kids coming out of college with "worthless degrees" are choices they made. Some personal responsibility is in order. Over 40 years ago: Tuition= $1100 per year (Univ of MN) gas= 19 cents per gallon new full size car= $4000 Case of 24 bottles beer= $1.99 to 6.99 Pack of cigs= 85 cents I worked and went to school. I made $6.75 to $9.75 per hour. Artman, that salary you got sounds high....I worked in college for $3.75-$4.00/ hr....and that was a great job! Where did you work?
|
|
bud777
fire starter
Posts: 1,352
|
Post by bud777 on Nov 16, 2014 17:02:52 GMT -8
Over 40 years ago: Tuition= $1100 per year (Univ of MN) gas= 19 cents per gallon new full size car= $4000 Case of 24 bottles beer= $1.99 to 6.99 Pack of cigs= 85 cents I worked and went to school. I made $6.75 to $9.75 per hour. Artman, that salary you got sounds high....I worked in college for $3.75-$4.00/ hr....and that was a great job! Where did you work? That DOES sound high. When I got out of college, the highest paid grads were in Chemical Engineering going to work for oil companies. A job offer of $10,000 in 1966 was hitting the big time. At 2000 hours per year, that was only $5 per hour at a time when the minimum wage was $1.25. So really, where DID you work?
|
|
|
Post by artman1033 on Nov 16, 2014 17:05:38 GMT -8
I will pm anyone who wants to know!
|
|
|
Post by phoebear611 on Nov 16, 2014 17:09:50 GMT -8
|
|
|
Post by artman1033 on Nov 16, 2014 17:15:00 GMT -8
nice one PHOEBEs.. probably market moving. found another good one:
|
|
|
Post by Lstream on Nov 16, 2014 17:39:02 GMT -8
The other guy was very dismissive of Apple's prior phones, as he felt they were toys due to their smaller screens. His next phone is very likely a 6+ based on what I saw. Without be 6+, I bet both of these guys would be Android Phablet customers. Enjoy the tank Samsung. So...he did a 180 now that he's seen the 6 Plus for himself, then? Most people don't care much about Samsung's financials - not many pay much attention to Apple's either - but those who do are probably in consensus about Samsung's calendar Q4 guide. It's just not gonna be pretty. Ya, I would say the sales pitch he got from the other guy convinced him that his next phone would be a 6+.
|
|
|
Post by Red Shirted Ensign on Nov 16, 2014 17:51:32 GMT -8
Apple pay will follow in short order. Terrific news!
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,181
|
Post by JDSoCal on Nov 16, 2014 18:02:48 GMT -8
You just don't like Kernan and Santelli because they are conservatives. Deal with it, some people disagree with your left wing views, especially on a financial news channel. Apparently, Santelli is a fool because he thinks America can't just spend and print its way out of trouble in perpetuity? So your towering monetary intellect says otherwise? For the record, America can print and go deeper into debt with no possible consequences? Do you really think the Fed has the power to control interest rates forever? Yes or no? And what happens when rates go up? How can we possibly afford that? I'd really like to hear from someone as ingenious as yourself tell us how this is a foolish concern. Watch interest rates go up and then tell us Santelli is a fool. The dollar is up and gold is down? Time to fill up my safe. Just like friends that said they wouldn't vote for Obama because he would be bad for business. What utter nonsense. Record profits for companies and the Dow making record highs month after month doesn't sound like the disaster that Santelli predicted 6 years ago. After all, people that watch financial networks generally only care about one thing if they're honest and that's their portfolios. Last I checked, lots of people here were making ATHs in their portfolios. Yes, it's always debatable if it's sustainable so I guess Mad Man Mancuso, err, Santelli could eventually be "right". If interest rates go up up, who cares? The investor class/wealthy have already made their money. They don't care about the little guy. They could care less if they crumble (they already are according to every wealth study). I think we're screwed long term as long as the middle class wages are stagnant or get worse. The average Joe isn't making money in this bull market because they have nothing to invest. Kids coming out of college with worthless degrees and tons of debt means you have no one left to fuel the housing market (except those owning rentals). If they can't afford houses when interest rates are next to nothing, good luck when rates do go up. I'd challenge you to find a CEO (a non-crony who isn't getting handouts like Tesla) who would say Obama is good for business. Even former crony Jamie Dimon recently said Obama is bad for biz. And all those supposed profits (not much profit in tech lately, other than Apple) aren't being spent on anything other than stock buybacks, dividends, and T-bills. Certainly not expansion or jobs. And private capital going into ever-increasing government debt means less capital going into investment (i.e., R&D, expansion, jobs). Big Biz is on a capital strike just like in the 1930's. Because they are paralyzed by the uncertainties of taxes and regulation. A simple example is this FCC trying to regulate the Internet nonsense. You seriously think any telco is going to invest in another foot of fiber with that shit hanging over their heads? And of course there is the $2T in offshore profits just sitting there doing nothing due to the tax burden. Not even disputable! And you are discounting the entire point of Santelli's argument. He'd be the first to say that the feds (or the Fed) can inflate asset bubbles. That isn't in dispute by anyone I know of. The inflated housing bubble (and also the college tuition bubble you bemoan) is proof of that. The problem is, it's not sustainable, and when bubbles unravel, those with skin in the game get seriously hurt (and often even those who don't). Do you seriously believe this rally has been organic? The Fed pumped this up, and every time they try to ease QE, the market tanks. Now, the foreign central banks have stepped in, or we'd be in a major correction right now. Do you or anyone else here even dispute this? I'm not sure how you are entitled to give Obama the credit for businesses (finding a way around his policies and) making some money, and the Fed priming the market and helping the investment class, and yet you get to bitch about the little guy and income inequality at the same time, when Obama has been president for 6 years! How does Obama only get credit for the good stuff? As if Obama just parachuted in and discovered this just happened? Income inequality has worsened under Obama! And you don't get to blame the rich for doing well and someone else doing poorly. There is no causation between the two. It's not a zero-sum game. And an awful lot of mutual and pension funds hold stocks like Apple. CALPERS, the largest teacher pension fund in CA, is one of Apple's biggest stockholders. It is the left who are demand-siders and telling everyone that borrow-and-spend with low interest rates is good (savings be damned!), and supply side is bad. How's that central planning of interest rates working out for the little guy? Santelli is the one saying artificially low interest rates have hurt the fixed-income little guy (no savings!), pumped up a bubble (hurt housing affordability!), allowed the government to borrow way more than it should, and now we are totally FUCKED with debt and so now can't raise the rates! Ever! (not that the Fed has total control over this, which is extremely scary). I think you need to look at what would happen to this country with all of its debt if interest rates did go up (say, they held a Treasury auction and nobody showed up). We couldn't possibly pay the interest on the national debt without enormous deficits. BTW, in an even more short-sighted move, recently national our debt has been rolled into short-term notes (1 year!) to make us even more susceptible to short-term rate fluctuations. In 2013, the US government paid out ~$420 billion in interest at record low rates (about 2.4%). In 2000, the interest rates were about 6.6%. In 1979, they were 15+%. Just do the math and see how an increase in rates would be ruinous, because we couldn't service our debts without borrowing way more, and entering a vicious cycle. We'd be Greece, but without Germans to save us. (note to self: I'm going to need a bigger safe for gold). So now we are stuck with low rates (until nobody wants Treasury notes anymore - the Chinese are already dumping them), so forget the little guy saving a few bucks in a CD like my grandma did in the 80's. The only way to get return in this environment is stocks. And who is to blame for hurting the little guy again?!?!
|
|
|
Post by rickag on Nov 16, 2014 18:07:53 GMT -8
I will pm anyone who wants to know! I don't want to know, to depressing. But speaking of which.... About 40 years ago I was a senior in college making $395/month duplicating someone's PhD work for my senior class project. I know you are all fascinated, so I will tell you. I was tasked with making apha D glucopyrocyl 6 seleno dimethyl arsine. I only had one explosion and also emptied the lab once while generating hydrogen selenide gas. Fortunately no one was hurt, well er um I did get a piece of sodium metal embedded in my chest, just a small piece though. It was good for a laugh, after the explosion I went to where a friend was working in the evening at the school press cleaning the presses. my shirt covered in blood I began banging on the door(with a glass pane). When he showed up I faked a collapse, he was quite surprised. Ah the good old days, explosions, noxious gasses, pranks, life was good, the pay sucked though. I should have asked for hazardous duty pay. Footnote for those of you old enough, the chemical I was making was a form of Laetrile, and it was sent off to the National Cancer Institute lab in Houston.
|
|
JDSoCal
Member
Aspiring oligarch
Posts: 4,181
|
Post by JDSoCal on Nov 16, 2014 18:21:33 GMT -8
On a somewhat unrelated note, I'd love to know how CarPlay works these days. Anyone got a new car that supports it and can report back? Apple Insider just reviewed a Pioneer model. I have to be honest, I am not that impressed, and I am looking at new head units for the Vette. I hate to say it, but I might just go with an Android unit. I think I'd rather keep my iPhone doing its thing, and the head unit doing its thing. Speaking of AI, Dilger wrote a couple of great pieces this week about how Apple is destroying just about every company in its wake: Apple Inc. A8X iPad chip causing big problems for Intel, Qualcomm, Samsung and NvidiaAfter losing Apple's iPad business, Intel has bled $7 billion while heavily subsidizing cheap x86 Atom Android tabletsAm I being too obvious in saying Apple is the most disruptive company in history? I mean you need a spreadsheet to keep track of all the industries and companies that have been upended. Anyway, some great background on how Apple controls a lot of its own destiny with its AX chips, that the average ANALyst doesn't have a clue about.
|
|
|
Post by Red Shirted Ensign on Nov 16, 2014 18:21:47 GMT -8
Union pay is so dominant in China....could this be a precursor to Alibaba? What a sleek partnership that could be.....Apple/union pay/ alibaba
|
|
|
Post by Red Shirted Ensign on Nov 16, 2014 18:29:50 GMT -8
I will pm anyone who wants to know! I don't want to know, to depressing. But speaking of which.... About 40 years ago I was a senior in college making $395/month duplicating someone's PhD work for my senior class project. I know you are all fascinated, so I will tell you. I was tasked with making apha D glucopyrocyl 6 seleno dimethyl arsine. I only had one explosion and also emptied the lab once while generating hydrogen selenide gas. Fortunately no one was hurt, well er um I did get a piece of sodium metal embedded in my chest, just a small piece though. It was good for a laugh, after the explosion I went to where a friend was working in the evening at the school press cleaning the presses. my shirt covered in blood I began banging on the door(with a glass pane). When he showed up I faked a collapse, he was quite surprised. Ah the good old days, explosions, noxious gasses, pranks, life was good, the pay sucked though. I should have asked for hazardous duty pay. Footnote for those of you old enough, the chemical I was making was a form of Laetrile, and it was sent off to the National Cancer Institute lab in Houston. I had a great job.....worked in the Language Lab. We put on and monitored reel to reel tapes for students taking any language from French to Urdu, German to Swahili. The job paid $2.00/hr but you could study while the thirty or so reels turned. Great way to meet chicks and learn how to splice tapes. I figured that the university paid me more money in wages than I paid it in tuition. Tuition back then was about $350 per quarter.
|
|
Mav
Member
[img style="max-width:100%;" alt=" " src="http://www.forumup.it/images/smiles/simo.gif"]
Posts: 10,784
|
Post by Mav on Nov 16, 2014 19:09:23 GMT -8
AliPay. UnionPay.
Eventually, sounds like support for ApplePay.
As Timberlake recently uttered: HUUUUGGGGGGGGEEEEEE
|
|
|
Post by BillH on Nov 16, 2014 22:10:46 GMT -8
I will pm anyone who wants to know! I'd love to know so feel free to PM me. In 72 I was making 2.50 selling clothing @ school and about the same building architectural models for a firm in Mpls. during the summer. I'm guessing Artman worked in the Ford plant in St. Paul. On the other prevalent topic I've been giving President Obama props recently for NOT crashing the financial system at the beginning of his administration. Bailing out the banks had to be a bitter bit of irony for him but he seems to have done the right thing. My inclination would have been to do otherwise but for a different set of reasons. I personally agree with their decision to re-inflate the housing bubble as a great deal of the country was underwater. Where this all leads I'm uncertain nor do I have a safe or a disaster plan in place.
|
|