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Post by aaplsauce on May 5, 2022 21:55:46 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 May 6, 2022 2:18:15 GMT -8
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Post by CdnPhoto on May 6, 2022 5:12:26 GMT -8
This might actually help. The idea here is you need a second device (iPhone/Apple Watch) to authenticate you. The main way that the bad guys get in to systems is through phishing. They do this by creating a site that looks legit, but is actually there to take your information and reuse it to gain entrance in to the systems. Without the ability to steal passwords, it would be much harder to gain entry to steal customer information. Hope this helps. (source: My day job)
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on May 6, 2022 5:26:05 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 May 6, 2022 6:07:18 GMT -8
This might actually help. The idea here is you need a second device (iPhone/Apple Watch) to authenticate you. The main way that the bad guys get in to systems is through phishing. They do this by creating a site that looks legit, but is actually there to take your information and reuse it to gain entrance in to the systems. Without the ability to steal passwords, it would be much harder to gain entry to steal customer information. Hope this helps. (source: My day job) Yes it does help, thank you.
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chinacat
Moderator
AAPL Long since 2006
Posts: 4,438
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Post by chinacat on May 6, 2022 7:14:05 GMT -8
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JDSoCal
Member
Aspiring oligarch
Posts: 4,241
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Post by JDSoCal on May 6, 2022 9:34:05 GMT -8
Quick, before you click this link, who did the voiceover for the first iMac ads? I had totally forgotten.
iMac righted the ship and made Apple relevant again.
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Post by CdnPhoto on May 6, 2022 10:21:21 GMT -8
Quick, before you click this link, who did the voiceover for the first iMac ads? iMac righted the ship and made Apple relevant again. Surprised, my memory was correct.
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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 May 6, 2022 10:54:06 GMT -8
Quick, before you click this link, who did the voiceover for the first iMac ads? iMac righted the ship and made Apple relevant again. Surprised, my memory was correct. That was after he got involved with dinosaurs.
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Post by duckpins on May 6, 2022 11:29:07 GMT -8
Possible double bottom on the Diamonds. DIA. March Ukraine Low 321.85. Now 325.8. If this continues we touch it today and break through Monday. Then multiple stops should be triggered. This is a long decline. If it hits today and we have an up move that holds classic double bottom. Not sure that is the way to bet. Everything is being sold. I heard one of talking heads say the Hedge funds are deleveraging because of interest rates. As they sell prices go down so they have to sell more more quickly. This is like the Obama Bush financial crash.
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Post by CdnPhoto on May 6, 2022 11:49:35 GMT -8
Possible double bottom on the Diamonds. DIA. March Ukraine Low 321.85. Now 325.8. If this continues we touch it today and break through Monday. Then multiple stops should be triggered. This is a long decline. If it hits today and we have an up move that holds classic double bottom. Not sure that is the way to bet. Everything is being sold. I heard one of talking heads say the Hedge funds are deleveraging because of interest rates. As they sell prices go down so they have to sell more more quickly. This is like the Obama Bush financial crash. Can you help a non-technical follower understand?? Thanks
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Post by duckpins on May 6, 2022 13:47:09 GMT -8
Double bottom just means a low price point hit twice. Low for the year or some definite period. Ukraine low appears significant. If the Ukraine bottom holds then the Bear market ends. If not then it continues. Double tops and bottoms, triple tops and bottoms are pretty common.
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4aapl
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Posts: 3,867
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Post by 4aapl on May 6, 2022 14:41:26 GMT -8
Double bottom just means a low price point hit twice. Low for the year or some definite period. Ukraine low appears significant. If the Ukraine bottom holds then the Bear market ends. If not then it continues. Double tops and bottoms, triple tops and bottoms are pretty common. But AAPL was one of the few non-oil companies to be in the green today. I added Rockley to my list the other day, reading about how Apple was likely to use its sensors. It was also in the green today, and said this: finance.yahoo.com/news/rockley-photonics-announces-shipment-vitalspex-130500023.htmlI don't know if that was why AAPL was green today, on high volume while the Dow was high and SPY and QQQ were lower than average. But maybe?
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Post by archibaldtuttle on May 6, 2022 15:01:12 GMT -8
This week might have been a good time to lighten up positions. Saw this thread. SPY down five weeks in a row - and apparently that has only happened 9 times in the last 25 years, and it’s led to more down 75% of the time.
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chinacat
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AAPL Long since 2006
Posts: 4,438
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Post by chinacat on May 6, 2022 19:14:37 GMT -8
I caught the last couple of innings of the Red Sox game tonight. I didn't feel like paying $10 for the game in any case, when I get all of the regular games essentially for free on the local broadcast, but of course this game was only on Apple TV+. However, there was was a notice that the game could also be found on the Apple TV+ app. So I fired it up on my iPad, and lo and behold, there was the game, for free. I do not know if the fact that the game was in Boston had anything to do with that. So I definitely recommend this as the strategy to use when your favorite team is on the broadcast, or even if you are just interested in the game for any reason. However...
The announcers were awful. They just talked the whole time, almost entirely without any insight. It was as if they assumed that the viewer had never seen a MLB game before and every detail of the action needed to be commented upon, along with random non-sequiturs. But then again, perhaps I was just in a foul mood because the Sox continued their early season swoon.
All in all, I would have been quite annoyed if I had paid for the game. Apple needs to produce a much better broadcast if they expect knowledgeable fans to be regular viewers.
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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 May 7, 2022 2:33:55 GMT -8
This week might have been a good time to lighten up positions. Saw this thread. SPY down five weeks in a row - and apparently that has only happened 9 times in the last 25 years, and it’s led to more down 75% of the time. This is from the comments section from the link. I totally agree.
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4aapl
Moderator
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Post by 4aapl on May 7, 2022 7:58:44 GMT -8
This week might have been a good time to lighten up positions. Saw this thread. SPY down five weeks in a row - and apparently that has only happened 9 times in the last 25 years, and it’s led to more down 75% of the time. I looked a little at his graphs, trying to make out what he was implying. It seems like just looking at the 5 previous weeks and seeing if they are down (I can't tell if he is looking at each week separately, but that is my assumption) can give a variety of events. Some it's down just a little. Other times it is down a lot. And just randomly looking doesn't look at the reasoning, such as it it's just the market being the market, or some big event happened. Housing bubble with big companies collapsing? Covid lockdowns? Dot com bubble? The other side of it is what is the result. Personally, I wouldn't want to get too worked up about times where it only dipped an additional .5%, 1%, maybe even 3%. Each person is going to feel differently on this. Maybe some think the likelihood of a further 2% drop would be some info they could use. Others wouldn't care unless it's a high probability of 5% or even 10%. Did he analyze the info this way? In my mind we're in a strange stage near the end of a run, with some major events that are playing in, but none specific enough to the market to cause a further cliff drop from here. But I'm mostly not a short term trader, instead just trying to pick up a little more when down a lot, and ideally trying to lighten any that is borrowed when up and somewhat near the top. Even when dealing with small percentages of this extra bit, it's tough enough to do. Most people tend to wonder about things they do not understand. There's the hope that it is somehow explainable, that there is some order to the chaos, some reason behind it. Weather is an easy one. Imagine how it must have been for someone 150 years ago in a wagon train going across the US (ie Donner party), or for that matter a squirrel in our backyard, hit by a warm streak and then abnormally cold and heavy snow. Weather predictions aren't always right (LA Story), but it's a complex system and then normally do pretty well even if the precise amount of snow may vary. (in our neck of the woods, it's often the combination of the moisture and the cold front, so even if the total amount of moisture could be predicted accurately, the moisture content of the snow can vary dramatically, and thus the "amount" of snow). With the market, especially in times of stress/worry/fear, we want someone to come in and confidently tell us what is going to happen. If they can't, maybe they can put probabilities on it. But exactness in this time is tough, and if there were people that could really do that well, then their portfolio or that of their company should really show it. BlueHerring said he asked his boss or mentor at the Option exchange that, of "If you knew the timing and direction of a move, how much could you make?". The answer? "Unlimited!"
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Post by duckpins on May 8, 2022 18:04:58 GMT -8
OK I'll bit who is it?
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4aapl
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Post by 4aapl on May 8, 2022 21:35:40 GMT -8
That is the question, of who can predict the future. It seems more and more that we just see the two extremes, of one person or article predicting the market is about to fall off a cliff, and another saying things are going to be ok and we should even manage to see a little softer than a soft landing. Views sell! Plus, in the future, half of these people will be able to say "I predicted the market movement in 2022". I don't see too many in the middle, or giving guesses at probabilities of the differing outcomes. I do like it when Katy at least gives various outcomes, even if I don't like the probabilities she gives. But admitting that something might happen other than what you primarily think will happen, shows that you are at least considering it as an option. Looking at the titles, Barrons had someone guessing at just one more interest rate hike, thinking they had front loaded and weren't going to want to push too hard. That sounds good, especially if trying to keep things spinning but slowing them down a bit. I'd like to go with that guess too, but while I think they want to not go too extreme this time around in their quest for a soft landing, I imagine they have to overshoot by a little bit. Managing to hit an inflation rate of 0% for a year would average out 8% for a year to the 2-4% range things are often in, even if the publicized goal is 2%. But who the heck knows with much certainty? There's lots of variables out there, and that whole thing about "the best laid plans". But if you are prepared for a variety of situations, you can press onward.
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