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Post by aaplsauce on Feb 13, 2022 22:52:42 GMT -8
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Feb 14, 2022 3:41:50 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Feb 14, 2022 8:17:44 GMT -8
ANALysts love to talk about gross margins, so I found this tweet interesting:
TWTR, SNAP, and UBER actually lose money.
So yeah, about those net margins...
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Post by archibaldtuttle on Feb 14, 2022 11:11:35 GMT -8
Market tanked on a report that Russia is about to attack Ukraine.
I guess people are going to stop buying iPhones now.
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Feb 14, 2022 12:07:19 GMT -8
Market tanked on a report that Russia is about to attack Ukraine. I guess people are going to stop buying iPhones now. Wall of worry. The market always hates the unknown. I remember reading once that wars, in the longer run, were actually good for the economy and market. Probably something by Ken Fisher. The basis was that the governments needed to spend, adding money to the system, both for the missiles and such to destroy things with, but then also replacing things that were destroyed. That's a lot of spending, of economic stimulus. This seems to put aside the potential loss of life, and overthrowing governments/countries. But this is a bit like Greece potentially failing, that it's economy was small enough that it would just be a blip, but that if other bigger countries failed because this happened, then there could be issues. The same is said to be true here, that if this leads into bigger things, like China invading Taiwan, then there could be big problems. Uncertainty can change things quickly, both the market directly, but also quarterly spending by businesses and consumers. Risk on/risk off isn't just in the market. And that can include iPhone purchases.
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Post by silkstone on Feb 14, 2022 14:27:20 GMT -8
Market tanked on a report that Russia is about to attack Ukraine. I guess people are going to stop buying iPhones now. Yea, supposedly somebody “in the know” said the invasion is scheduled for Wednesday this week. Obviously take it with a grain of skepticism
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on Feb 14, 2022 14:36:55 GMT -8
<Opps! Sorry JD. I must have hit edit instead of quote, and nuked your post when trying to reply. No undo here at proboards -4aapl>
🤨
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4aapl
Moderator
Posts: 3,867
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Post by 4aapl on Feb 14, 2022 18:46:02 GMT -8
<Opps! Sorry JD. I must have hit edit instead of quote, and nuked your post when trying to reply. No undo here at proboards -4aapl> 🤨 I can paraphrase you though. LPG to Europe, because they didn't plan and aren't energy independent, instead needing 18% from Russia. Doh! Bot CVX! And then I was trying to reply, saying I sold CVX and USO at the end of december. Looks like timing sucked on that one. Doh!
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