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Post by aaplsauce on Mar 3, 2022 22:41:05 GMT -8
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Dave
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"It's tough to make predictions, especially about the future." Yogi Berra
Posts: 4,335
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Post by Dave on Mar 4, 2022 2:29:14 GMT -8
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Post by archibaldtuttle on Mar 4, 2022 7:16:56 GMT -8
AAPL on track for 4 down weeks in a row. Last time that happened was May 2020, when we had 5 down weeks in a row which marked the bottom.
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chinacat
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AAPL Long since 2006
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Post by chinacat on Mar 4, 2022 8:27:03 GMT -8
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Post by kpas1 on Mar 4, 2022 9:14:12 GMT -8
Some options talk:
My go-to AAPL options strategy these days is to sell weekly at-the-money straddles or strangles, against long in-the-money positions a month or so out. Technically this is a double diagonal.
It is a delta-neutral strategy, meaning I am not betting on a direction, and the max profit comes when the share price is flat. So the recent run of Friday to Friday flat-ish movement (less than ~$2 move) is working for me. Helps that IV is high, as shown by VIX (or VXAPL).
There are risks, mainly a big unexpected move at an inopportune time. I have hedges in place, especially on the down side, as this is where a black swan is more likely (though AAPL sometimes runs UP for no apparent reason). I have found after doing this for 2.5 years, that the general behavior is recovering from bad weeks is not too difficult, and the chances of a good week are high enough to make the net result positive.
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4aapl
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Post by 4aapl on Mar 4, 2022 10:47:34 GMT -8
Grrrr Reading it, it's general enough to even cover a current Apple Watch, even if the diagram looks more like one of the glow in the dark bracelets or necklaces that the fire department passes out on Halloween. I have an RFID bracelet from maybe 8 years ago that I think one of our kids got for a race, that isn't too different except the chip portion is a little bigger. I don't see this patent application being approved, but if it is I'm glad Apple is the one applying for it. Interestingly, the obvious extension to this patent to me is to have part/most of the "battery" in the wrist band of the device (Apple Watch, or advancement). If the band held most of the charge, you could switch out the band at night or whatever and charge the other band. Thus you could have the Watch on your wrist at all times, instead of trying to find a time to take it off to charge it. Just like an electric car. The quickest way to a recharge would be a battery swap, similar to a propane tank exchange, with the downside to both being that you are assuming they are fungible, though that could be worked through with some circuitry to giving a battery quality level (this battery is in the 90+% tranche, whereas this one is in the 70-80% tranche), or a dealer backing (ie at Tesla charging stations) and warranty.
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JDSoCal
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Aspiring oligarch
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Post by JDSoCal on Mar 4, 2022 11:16:31 GMT -8
I guess Warren decided to sell sugar water and come to Apple and change the world.
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4aapl
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Post by 4aapl on Mar 4, 2022 11:41:34 GMT -8
I guess Warren decided to sell sugar water and come to Apple and change the world. Did he sell Coke? It sounds cute, but it says Coke is still his 4th largest position. Now he needs to start wearing an Apple Watch, and talking about why. It's tech and sports related functions seem to be more well known than it's health and emergency functions, even with the advertising. I'd like to hear a few people that have the ear of others, especially of well-to-do groups that can afford one on a whim, speak of the heart monitoring, fall detection, and general "call or text to get help" functions. FWIW, Costco have Series 7 Apple Watches on sale through today, though they often have them on sale. The general price is a discount of $10, and the sale is an additional $40 off. There's not as many band types or colors as direct from Apple, but in looking at the 45mm non-cellular ones, all 5 colors they have would arrive on Monday. The 24" iMac is also on sale, for a total $250 off of the standard price, in a variety of colors, but only the 8gig/512gig version. So $1449. I've yet to buy an Apple Watch, though my son likes the SE he bought. But the fall detection alone might be worth it, mainly when by myself out on rides.
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4aapl
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Post by 4aapl on Mar 4, 2022 12:18:13 GMT -8
Labor shortages prompt DHL and Boston Dynamics to rely on robots for helpI was just talking about this with a neighbor last night, who was feeling that due to fewer people interested in the jobs, we have already passed our peak customer experience. If there are fewer people in certain jobs, what will happen? Will places close, which doesn't really offset the demand and workforce need unless they weren't at capacity. Or will places use more automation or customer work, like self-check at a store? What is the low hanging fruit at Apple? Probably automating some of the sales would speed things up, but without the feel-good human interaction, and probably less upsell. Maybe the checkin when entering the store, though I just went through this at Ikea of using one touch-screen checkin computer or using a website. It worked, but didn't feel as good. A genius bar might also be aided, but like sales I would think they would want this as just a quick alternate option. Though maybe it could also be used for an initial problem input, to get things started. But like tech support in general, sometimes people don't have the right words to describe the problem, or just have no idea where to begin, thus the "have you rebooted" or even "is it plugged in" basic questions that are sometimes used. Some things are a lot easier to automate than others, but most to all should be possible if you can for-see all of the complexities. Like a milkshake maker filling a 24oz cup with Vanilla Shake, as opposed to a smoothie maker with 24 options. Start with the easy stuff that would be improved by automation and a constant eye (burger flipper, fry maker), and then move on up to the more complex stuff. On Apple's production lines, whether products or chips, that would potentially lessen part of the needed workforce, while increasing the complexity and pay of the remaining that would then be setting up and fixing the robots.
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4aapl
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Post by 4aapl on Mar 4, 2022 12:55:55 GMT -8
The opposite side is the overemployed. getpocket.com/explore/item/it-s-the-biggest-open-secret-out-there-the-double-lives-of-white-collar-workers-with-two-jobsI hadn't heard of those taking on multiple full time remote jobs before, but it is the logical next step if both are done well, while much different than those that have 2 or even 3 jobs that they get paid hourly for and have to be there in person. But some self-employment books talk of shifting pay from hourly to per project, and I know of people in multiple fields that have enough downtime in their jobs that they could or do take on other things.
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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 Mar 5, 2022 4:25:04 GMT -8
If this runaway inflation continues, and it looks like it will, people working multiple jobs will be necessary and common. This is not a good thing.
This is a pull from the story that I found upsetting.
Who’s to say what is “more money than one person needs”?
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mark
fire starter
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Post by mark on Mar 6, 2022 6:53:15 GMT -8
I guess Warren decided to sell sugar water and come to Apple and change the world. He didn't sell Coca-Cola, but he did buy Apple, and then bought some more Apple. And the Apple shares recently rose MUCH faster than the Coca-Cola shares. That's why their value is so much more at this point.
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Dave
Member
"It's tough to make predictions, especially about the future." Yogi Berra
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Post by Dave on Mar 6, 2022 7:41:43 GMT -8
Wasn’t it Warren that advised that one should keep all of your eggs in one basket and to watch that basket closely? It seems that he’s not following his own advice. Maybe he was thinking of a collection of different types of eggs and the basket was Berkshire.
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JDSoCal
Member
Aspiring oligarch
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Post by JDSoCal on Mar 6, 2022 8:28:55 GMT -8
I guess Warren decided to sell sugar water and come to Apple and change the world. He didn't sell Coca-Cola, but he did buy Apple, and then bought some more Apple. And the Apple shares recently rose MUCH faster than the Coca-Cola shares. That's why their value is so much more at this point. I am well aware of BRK's holdings. This board is way too serious. Starting to sound like Braeburn.
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