|
Post by CdnPhoto on Dec 1, 2023 4:41:50 GMT -8
AAPL is currently trading at $189.71 -0.24 (-0.13%) RSI is 65.14 RSI has come down recently while AAPL has been flat. Didn't need to drop to lower the RSI.
Some context for all at the end of October, AAPL was at $170.00. The stock is up $19.18 in one month. (+11.23%) At the beginning of the year, the stock was trading at $129.61. The stock is up YTD $60.34 (46.56%)
Let's see if we can keep the momentum in to December.
|
|
ono
Member
compensation
Posts: 537
|
Post by ono on Dec 1, 2023 6:13:09 GMT -8
|
|
|
Post by CdnPhoto on Dec 1, 2023 6:38:02 GMT -8
|
|
|
Post by CdnPhoto on Dec 1, 2023 6:39:35 GMT -8
|
|
|
Post by macster on Dec 1, 2023 7:00:43 GMT -8
Possibly related www.freep.com/story/money/cars/2023/11/29/detroit-wireless-charging-road-project-electric-vehicles/71728454007/Detroit's Electric Road The city of Detroit opened the country's first road capable of wirelessly charging electric vehicles as they drive this week, a key step toward wider adoption of the technology. The quarter-mile demonstration project is meant to show the feasibility of wireless charging as a supplement to an eventual nationwide charging network for electric vehicles. The technology relies on magnetic resonance induction, similar to wireless charging for cellphones and other devices (and discovered by Nikola Tesla). Effectively, large copper coils placed under the road create a magnetic field, which induces an electric current in a receiver in the car as it drives through, thereby charging the battery (watch 101). The process is not harmful to humans. In the demonstration, the charging rate reportedly reached as high as 19 kW, a small percentage of the stored energy needed to power an average electric vehicle during regular use. Analysts say the enhanced roads may help address "range anxiety"—a concern of potential consumers worried electric vehicles can only travel limited distances.
|
|
4aapl
Moderator
Posts: 3,634
|
Post by 4aapl on Dec 1, 2023 7:27:42 GMT -8
4appl, any projections of future returns should always keep inflation in mind. Are my investments at least keeping up with the rate of inflation? Or maybe I should ask, is there any place that one can park their money in that will keep up with inflation and hopefully outpace it? Inflation is tied in with product costs and selling prices, so as long as all parts of the economy are seeing inflation, then Apple should have corresponding increased revenue. In some cases, inflation is just like a small stock split or reversal, changing the numbers but changing all numbers. A problem is when things are uneven or staggered, such as big inflation hitting materials and energy, and then shipping, housing, and retail pricing, and then finally hitting wages. The delay can really mess things up. There's also the psychological side of it (OMG prices are up sooooo much! I better hold on to what I have (but leaving it in a bank account loses money).), and the problem of if it hits just some areas (housing goes up, but no corresponding rise in wages). And then if a recession hits at the same time, it is hard to separate out the two. As for AAPL or other stock investments, I think it mostly balances out, but there also isn't too much you can do about it. Maybe like for a recession you move some things into consumer staples, feeling that people need their toothpaste and so price changes there will be absorbed whereas with a consumer discretionary or luxury item there could be pushback to increased pricing or delays in upgrades. But at the end of it all, it's a bit like exchange rates that it mostly balances out, especially if invested in companies that are primarily where you live. If all things go up or down, it balances out for you. But that's just my thoughts on the matter. What do you think? Is there some way to hedge inflation when thinking things are going to be worse, ideally in some mechanical way such as doing something while inflation is above 4%. Using the trailing data can be a problem, but feeling that you would pull the trigger when you feel things are bad relies a bit more on making good short term trading choices, which we know can be tough.
|
|
4aapl
Moderator
Posts: 3,634
|
Post by 4aapl on Dec 1, 2023 8:23:02 GMT -8
Possibly related www.freep.com/story/money/cars/2023/11/29/detroit-wireless-charging-road-project-electric-vehicles/71728454007/Detroit's Electric Road The city of Detroit opened the country's first road capable of wirelessly charging electric vehicles as they drive this week, a key step toward wider adoption of the technology. The quarter-mile demonstration project is meant to show the feasibility of wireless charging as a supplement to an eventual nationwide charging network for electric vehicles. The technology relies on magnetic resonance induction, similar to wireless charging for cellphones and other devices (and discovered by Nikola Tesla). Effectively, large copper coils placed under the road create a magnetic field, which induces an electric current in a receiver in the car as it drives through, thereby charging the battery (watch 101). The process is not harmful to humans. In the demonstration, the charging rate reportedly reached as high as 19 kW, a small percentage of the stored energy needed to power an average electric vehicle during regular use. Analysts say the enhanced roads may help address "range anxiety"—a concern of potential consumers worried electric vehicles can only travel limited distances. In falling down the rabbit hole yesterday, looking at the lineup from Lotus and again looking to see what it would take to import a new LandCruiser 70 to the US (in general it's not worth it to try to import anything under 25 years old to the US, or 15 to Canada, unless really committed), I came across a TopGear article on Toyota's upcoming battery technology improvements. www.topgear.com/car-news/electric/toyota-makes-solid-state-breakthrough-broader-battery-evolution(EDIT: see the 2nd picture, showing range going from 500km up to 1000km, and fast charging down to 10 minutes, as soon as 2027 with solid state batteries) The interesting part to me was that the generalities matched a 3rd party battery technology article that was on Yahoo a few days ago, basically on upcoming energy density and charging speed improvements while switching over to "solid state" (apparently in this case "solid state" means switching over to a gel from a liquid, inside the battery...so not quite the "solid state" that we talk about with computer storage). In general, things are improving, though I like seeing Toyota's future expectations a lot more than some tiny company that hasn't dealt with scale up yet. And I figure other major battery manufacturers have similar timeframes in mind. The vehicle industry is going through some interesting times right now, with a bunch of things changing. To me it seems like there are many things that are just on the cusp, and that waiting a little bit longer would be good. I know we feel this way sometimes with Apple products, knowing about what is near and having to decide if we should wait (ie a M3 in a Mac Mini, or the next iPhone if only a few months out), but it is hard to know how a normal person feels about it, one who isn't as aware of the upcoming changes. At the same time, each person has a little different criteria for what they are looking for. And battery tech with a bunch of incremental improvements is much different than just one expected huge change, so there is less of a reason to wait based on that alone.
|
|
chinacat
Moderator
AAPL Long since 2006
Posts: 4,429
|
Post by chinacat on Dec 1, 2023 9:45:18 GMT -8
AppleInsider has Apple shows off the lean, efficient processor lab behind the M3. A few key quotes: ”One month after Srouji joined, Apple bought chip company PA Semi for $278 million.” ”Because we're not really selling chips outside, we focus on the product," he said. "That gives us freedom to optimize, and the scalable architecture lets us reuse pieces between different products." "We built what we call the unified memory architecture that is scalable across products," said Srouji. "We built an architecture that you start with the iPhone, but then we scaled it to the iPad and then to the watch and eventually to the Mac." I am sure that AFB’ers are not surprised by any of this, but it is exactly what investors hope and want to hear.
|
|