Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on May 21, 2015 2:26:02 GMT -8
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Post by phoebear611 on May 21, 2015 2:53:51 GMT -8
Just a little reminder that in the event someone in finance comes to work tomorrow - they will leave early - and take liquidity with them. Anything that is going to get done in all earnest will get done today as folks head out for the long Memorial Day weekend here in the U.S. Additionally, the Bond Market has an abbreviated day tomorrow as well - I believe a 2:00 pm close. All this said, lack of liquidity either makes this stock just sit there (Max Pain for tomorrow is $130) or have a wild gyration whichever way the ugly war lords want to push it so stay on your toes either way or just go enjoy your weekend and "fuggetaboutit"!
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Post by artman1033 on May 21, 2015 3:35:37 GMT -8
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Post by chasmac on May 21, 2015 4:26:10 GMT -8
Android upgrade causing major problemsComments are a hoot. A few people said "I'm switching to the fruit". They can't even get themselves to say Apple their misplaced hate is so strong. If those people are switching I can't imagine others are far behind. Noticed there was a political discussion the other day and you know who got in the last word. Wish I could play weekly options on that trend ?. The daily channel that we've had for over a year is about to break down unless we get a breakout to the upside soon. If not, who knows where it goes. Family in town, lovely late May weather here, lots of golf, good food and playoff hockey to watch. Lucky man. Enjoy the weekend!
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Post by chasmac on May 21, 2015 4:32:50 GMT -8
Great speech, thanks for sharing.
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Post by grannysmith on May 21, 2015 5:24:05 GMT -8
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Post by macwire on May 21, 2015 6:54:30 GMT -8
Trying to break out. 130.50 breach. Go. Go. Go.
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Post by firestorm on May 21, 2015 7:15:52 GMT -8
It looks like the sudden break upward could relate to the news on macrumors that Apple may announce the new iPhone a month earlier–in August this time. Or maybe it's because unemployment applications are at a 15 year low (waiting for JD to wake up and respond with Rush's talking points).
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Post by Red Shirted Ensign on May 21, 2015 7:35:33 GMT -8
We have the "early Iphone 6s" news, the battling estimates on watch demand, the appearance of some watch bands in select Apple Stores, rumors about the new Music streaming service rolling out early in Russia (Russia??). The positive news and momo are pretty darn good. On the economic front, I really like the new and existing home data. There is now a major supply crunch in much of the Country, resulting in bidding wars and prompting homebuilders to break ground quickly on the new stuff. Credit remains available and cheap...time to move or get left behind! Labor markets are certainly tighter than a year ago.....not perfect by any means, but our company has to compete now for auditors, communications specialists, administrative assistants. Not so even six months ago.... I enjoy Bruce Bartlett's periodic analysis. He was on Ron Paul and Jack Kemp's staffs as well as serving some republican presidents. Very pragmatic about the games Washington plays...this link will show you some of his articles and where he thinks good analysis can be found. www.thefiscaltimes.com/Authors/B/Bruce-BartlettWell Apple...will you fail me again today? No rotton apples please.
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Post by joel90069 on May 21, 2015 8:00:46 GMT -8
I think the bigger catalysts are Katy Huberty raising iPhone sales estimates and a strong quarter for BBY on smartphone demand.
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Post by chasmac on May 21, 2015 8:05:00 GMT -8
I think the bigger catalysts are Katy Huberty raising iPhone sales estimates and a strong quarter for BBY on smartphone demand. Aapl also got added to a special MS buy list.
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platon
Member
"All we can know is that we know nothing. And that's the height of human wisdom.? Tolstoy
Posts: 3,944
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Post by platon on May 21, 2015 8:11:09 GMT -8
Firestorm Until JD gets here with a proper response. I am copying this post to the Dungeon to make it clear that I don't want to sully the Intraday with responses to your rtepeated attempts to inject politics on the tender ears of all here. Any further responses by me to your posts will be made there. www.tradingeconomics.com/united-states/unemployment-rate"In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - United States Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United States Unemployment Rate - was last refreshed on Thursday, May 21, 2015." www.unionofunemployed.com/blogOur Summary of U.S. Real Unemployment makes the adjustments necessary to determine: first, the number of Real Unemployed Persons and, second, the Real Unemployment Rate. In January 2015: The number of Real Unemployment Persons increased by 285,000 to 18.0 million The Real Unemployment Rate increased by 0.1% to 11.3%. However, in addition to the 18.0 million Real Unemployed Persons at January 31, there are another 4.2 million workers who, while also saying they want jobs, have not looked for work in the past twelve months. Solely because they haven’t looked, these workers are not included among the marginally attached workers; if included, January’s Real Unemployment Rate of 11.3% increases to 13.6%, a figure more than twice the official BLS rate of unemployment.
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bud777
fire starter
Posts: 1,352
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Post by bud777 on May 21, 2015 9:16:32 GMT -8
Great speech, thanks for sharing. I will listen to the speech later and I don't know anything about the speaker, but anyone who chooses to go through life with the name Gopher Bobby is OK in my book Oh wait... I get it, never mind
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Post by archibaldtuttle on May 21, 2015 9:56:22 GMT -8
Sure would be nice to hold above 131 for the rest of the week...
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Post by firestorm on May 21, 2015 10:22:47 GMT -8
Firestorm Until JD gets here with a proper response. I am copying this post to the Dungeon to make it clear that I don't want to sully the Intraday with responses to your rtepeated attempts to inject politics on the tender ears of all here. Any further responses by me to your posts will be made there. www.tradingeconomics.com/united-states/unemployment-rate"In the United States, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - United States Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United States Unemployment Rate - was last refreshed on Thursday, May 21, 2015." www.unionofunemployed.com/blogOur Summary of U.S. Real Unemployment makes the adjustments necessary to determine: first, the number of Real Unemployed Persons and, second, the Real Unemployment Rate. In January 2015: The number of Real Unemployment Persons increased by 285,000 to 18.0 million The Real Unemployment Rate increased by 0.1% to 11.3%. However, in addition to the 18.0 million Real Unemployed Persons at January 31, there are another 4.2 million workers who, while also saying they want jobs, have not looked for work in the past twelve months. Solely because they haven’t looked, these workers are not included among the marginally attached workers; if included, January’s Real Unemployment Rate of 11.3% increases to 13.6%, a figure more than twice the official BLS rate of unemployment. Gee, it's funny that you don't object when JD injects politics into the forum every day. Could that be because you agree with his politics? Nah, that couldn't be ...
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JDSoCal
Member
Aspiring oligarch
Posts: 4,183
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Post by JDSoCal on May 21, 2015 10:51:57 GMT -8
Gee, it's funny that you don't object when JD injects politics into the forum every day. Could that be because you agree with his politics? Nah, that couldn't be ... I think a reasonable person (granted, that discriminates on those with Liberal Worldview Disorder) would recognize that more often than not, I am responding to someone else's political posts. I got in the last word on the IO Bank discussion, but it is very easy to go back into that thread and see how late I was to that game. In fact, I was being trolled to respond! I will say this. I think this country has become far too polarized to the point when many will oppose an idea not on its merits, but based on who is supporting it - or of course, what interest group is opposing it. Anyway, looking at a 132-131 put spread going into OpEx...
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Post by mace on May 21, 2015 10:54:32 GMT -8
Firestorm Until JD gets here with a proper response. You might be accidentally taunting him, we don't know whether he has closed his short position.
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Ted
fire starter
Posts: 882
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Post by Ted on May 21, 2015 11:22:26 GMT -8
It looks like the sudden break upward could relate to the news on macrumors that Apple may announce the new iPhone a month earlier–in August this time. Or maybe it's because unemployment applications are at a 15 year low ( waiting for JD to wake up and respond with Rush's talking points). Yeh, my 2 cents, you're outa line here. This is goading for no good reason.
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Post by firestorm on May 21, 2015 11:22:32 GMT -8
I apologize to everyone on the board except Platon for trying to inject a bit of humor into my post. Sorry.
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Post by firestorm on May 21, 2015 11:24:36 GMT -8
It looks like the sudden break upward could relate to the news on macrumors that Apple may announce the new iPhone a month earlier–in August this time. Or maybe it's because unemployment applications are at a 15 year low ( waiting for JD to wake up and respond with Rush's talking points). Yeh, my 2 cents, you're outa line here. This is goading for no good reason.Sorry, but it works both ways. As I said, I apologize if I offended the tender sensibilities of the right-wing. Just as I have never liked being referred to as a libtard.
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Ted
fire starter
Posts: 882
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Post by Ted on May 21, 2015 11:31:39 GMT -8
Billionaire activist investor Carl Icahn said Thursday that mutual funds will increasingly realize that being underweight shares of Apple will hurt their performance.
"They are underweight Apple in relation to the index funds, and I think more and more of these funds will realize that’s going to hurt their performance in the future as Apple continues to launch new products in new categories and continues to grow earnings," Icahn told Reuters.
Words to live by...
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
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Post by chinacat on May 21, 2015 12:01:47 GMT -8
I will say this. I think this country has become far too polarized to the point when many will oppose an idea not on its merits, but based on who is supporting it - or of course, what interest group is opposing it. I could not agree with you more completely, JD. On the national level, I blame the 24-hour/7days-per-week media cycle. "Backroom deals" were always lamented, but the inability for any to be struck is at the root of the policy paralysis problem. Information invariably leaks out and then folks have to defend their position in public, accelerating the political effects. We can do better here, right? Let's try anyway. I saw your wink, Firestorm, but I am probably pre-disposed to. Maybe we can all use more smileys? <cue Foghorn Leghorn>
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Post by BillH on May 21, 2015 12:20:38 GMT -8
I hate to see discussion of politically related events discouraged. The unemployment situation is a good example of something that impacts the economy and thus our view of it. I've followed the issue a little bit but others here clearly have a better handle on it. Just some random thoughts. It makes sense to me that you wouldn't count people that are no longer looking but they have to eat right? Unemployment benefits have a limited lifespan. So...,how do they get by? How many are living in the cash world and paying no taxes whatsoever? Are they counted as unemployed or not looking? If FEELS to me like the low unemployment rate is pretty legitimate but I may be living amongst the fairly well to do and just don't see it. Nice day today price wise.
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Since84
Moderator
To infinity and beyond!
Posts: 3,933
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Post by Since84 on May 21, 2015 12:21:14 GMT -8
Nice close. Now the question is have we broken out of the range?
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JDSoCal
Member
Aspiring oligarch
Posts: 4,183
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Post by JDSoCal on May 21, 2015 13:00:55 GMT -8
I hate to see discussion of politically related events discouraged. The unemployment situation is a good example of something that impacts the economy and thus our view of it. I've followed the issue a little bit but others here clearly have a better handle on it. Just some random thoughts. It makes sense to me that you wouldn't count people that are no longer looking but they have to eat right? Unemployment benefits have a limited lifespan. So...,how do they get by? How many are living in the cash world and paying no taxes whatsoever? Are they counted as unemployed or not looking? If FEELS to me like the low unemployment rate is pretty legitimate but I may be living amongst the fairly well to do and just don't see it. Nice day today price wise. The thing is, I don't see how looking deep into employment or any other economic numbers is political, unless one is just posting them to rah-rah or poo-poo Obama. All official economic stats are suspect, regardless of who is president. That should be a given. The undeniable reality is, we currently have record job non-participation. If the same workforce numbers as 2009 were used, unemployment would be in the double digits. I don't know how anyone can argue this is a good thing, to have 97 million Americans not even looking for work, let alone buying iPhones, in a smartphone-saturated country. Bad for them, bad for us. Anyway, I am quite bearish on the country. I only hope I can ride the AAPL train long enough to cash out, and buy gold and guns and go live in a walled compound with my reloading press, and wait for the zombie & EMP & sundry civil unrest apocalypse, locked and loaded.
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Post by Luckychoices on May 21, 2015 13:10:09 GMT -8
I think this country has become far too polarized... I agree, JD. And since I can't imagine any forum member really thinks they'll change another member's view on anything the least bit political, I keep hoping someone (anyone) will decide to break the back-and-forth nastiness and NOT respond when tempted or trolled. Hope springs eternal.
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Post by BillH on May 21, 2015 13:20:06 GMT -8
I hate to see discussion of politically related events discouraged. The unemployment situation is a good example of something that impacts the economy and thus our view of it. I've followed the issue a little bit but others here clearly have a better handle on it. Just some random thoughts. It makes sense to me that you wouldn't count people that are no longer looking but they have to eat right? Unemployment benefits have a limited lifespan. So...,how do they get by? How many are living in the cash world and paying no taxes whatsoever? Are they counted as unemployed or not looking? If FEELS to me like the low unemployment rate is pretty legitimate but I may be living amongst the fairly well to do and just don't see it. Nice day today price wise. The thing is, I don't see how looking deep into employment or any other economic numbers is political, unless one is just posting them to rah-rah or poo-poo Obama. All official economic stats are suspect, regardless of who is president. That should be a given. The undeniable reality is, we currently have record job non-participation. If the same workforce numbers as 2009 were used, unemployment would be in the double digits. I don't know how anyone can argue this is a good thing, to have 97 million Americans not even looking for work, let alone buying iPhones, in a smartphone-saturated country. Bad for them, bad for us. Anyway, I am quite bearish on the country. I only hope I can ride the AAPL train long enough to cash out, and buy gold and guns and go live in a walled compound with my reloading press, and wait for the zombie & EMP & sundry civil unrest apocalypse, locked and loaded. I agree that this shouldn't be viewed as politically related but it often is. Someone actually called the "political" card on me in another forum a week ago for suggesting that the have's and have nots might be better called the prepared and the unprepared. As I said, I just can't wrap my head around the "undeniable reality" of record job non-participation. How do they eat? The only reason I'm not bearish on the country is that people seem to find as much of a way to get by as they personally need. P.S. Somehow I can't picture you as a gold and guns guy. Just sayin.
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Post by archibaldtuttle on May 21, 2015 13:42:04 GMT -8
Nice close. Now the question is have we broken out of the range? Not until we're above 134...
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Post by Red Shirted Ensign on May 21, 2015 13:53:28 GMT -8
The thing is, I don't see how looking deep into employment or any other economic numbers is political, unless one is just posting them to rah-rah or poo-poo Obama. All official economic stats are suspect, regardless of who is president. That should be a given. The undeniable reality is, we currently have record job non-participation. If the same workforce numbers as 2009 were used, unemployment would be in the double digits. I don't know how anyone can argue this is a good thing, to have 97 million Americans not even looking for work, let alone buying iPhones, in a smartphone-saturated country. Bad for them, bad for us. Anyway, I am quite bearish on the country. I only hope I can ride the AAPL train long enough to cash out, and buy gold and guns and go live in a walled compound with my reloading press, and wait for the zombie & EMP & sundry civil unrest apocalypse, locked and loaded. I agree that this shouldn't be viewed as politically related but it often is. Someone actually called the "political" card on me in another forum a week ago for suggesting that the have's and have nots might be better called the prepared and the unprepared. As I said, I just can't wrap my head around the "undeniable reality" of record job non-participation. How do they eat? The only reason I'm not bearish on the country is that people seem to find as much of a way to get by as they personally need. P.S. Somehow I can't picture you as a gold and guns guy. Just sayin. The problem is using traditional ways of measuring what employement is, or means, in today's highly wired, fluid economy. How people eat is that they get money to eat. There is an enormous cash for services economy right now that is tremendously facilitated by the internet and wireless mobility. Think Uber without all the structure. I have personal knowledge of cab drivers who no longer drive cabs but deliver all kinds of persons and things for....cash. All you need is a car and a smartphone. Just in time work performed by just in time and just now available workers paid for in just now cash or goods exchange is so much easier than it used to be because seller and buyer can be brought together more easily, price determined, service or goods rendered promptly. the negotiation and contract takes place electronically. I know people who trade vegetables for dental services. I don't know who is claiming income, but it is SO easy to set such things up in a willing economic and technological climate. I'm not saying this is a big part of the not working population, but if you look around and pay attention that guy fixing the garage door, tilling the garden, delivering the dog to the kennel.....are all getting a w-2 or a 1099? And while in 1980 you couldn't make ten trips a day as a gypsy (not a derogative term) driver, in this day and age, you can. All problems are complex...and all factors that enter into analysis need to be scrutinized in the light of new opportunities, fueled by new tools. Danger: CNBC analysis of the issue...from two years ago..but its only gotton worse. www.cnbc.com/id/100668336
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bud777
fire starter
Posts: 1,352
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Post by bud777 on May 21, 2015 14:02:29 GMT -8
I apologize to the board if my "Queue J.D. in 5..." post was perceived as goading. I saw it as an observation of the inevitable, but nonetheless, I will refrain from that kind of post in the future. It is clear that we all want the board to stay focussed on Apple and AAPL, but just enjoy discussions too much to not wander off track occasionally. Our political discussions morphed into a discussion about having political discussions. We just don't seem to be able to help ourselves. Toward that end, I think we should have a discussion about discussions about discussions about politics.
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