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Post by CdnPhoto on Jan 26, 2024 4:47:07 GMT -8
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Post by CdnPhoto on Jan 26, 2024 4:50:16 GMT -8
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chinacat
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AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jan 26, 2024 6:56:58 GMT -8
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4aapl
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Post by 4aapl on Jan 26, 2024 7:29:06 GMT -8
The PCE YOY rate is down below 3%, and the monthly rate is steady at a 2% annualized rate: Fed's preferred inflation gauge falls below 3% for first time since March 2021It states people are excited, now thinking a 50-50 chance of a rate cut in March. Seems a little early for that unless there is decent visibility on it slowing down more in the future without a rate change. We'll see what happens, but I think the Fed will be conservative by waiting a little, while likely also happy to disappoint those investors that are getting ahead of things. It takes some time to heal, and extending the high rates might not make most people happy, but it is a way to potentially make a dent in housing prices. There's better ways, especially with some temporary or permanent IRS changes. But high rates do affect things there.
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4aapl
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Post by 4aapl on Jan 26, 2024 8:13:01 GMT -8
Add Intel to the list of those companies that have huge 1 year gains, but a nearly flat 2 year timeframe. It just seems wrong to say in an article that the stock was up 90% in 2023, without mentioning that it dropped so much in 2022. Intel plunges as chipmaker falls further behind in AI race amid PC market hurdlesIntel was flat for a bunch of periods over time (like mid/late 2000's, when I talked with a guy who worked there), though had a 200% gain from 2010-2020. But focusing on a 1 year period without even mentioning how that was abnormal or balanced with a fall just seems wrong. AAPL is a little ahead when looking at the ~2 year, but you still see the "up 46% in 2023" or whatever.
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Post by duckpins on Jan 26, 2024 10:23:08 GMT -8
Looks like a pin for options at 192.5. That didn't take long.
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chinacat
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AAPL Long since 2006
Posts: 4,429
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Post by chinacat on Jan 26, 2024 10:33:11 GMT -8
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4aapl
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Post by 4aapl on Jan 26, 2024 10:49:45 GMT -8
That is pretty crazy!!! The lists of browsers for each country are in the article. There's the main ones, a few more that I have heard of, and then a bunch that I hadn't heard of. FWIW, a decade ago when working on some web based developer tools (fpcomplete), it was something like 98% of users were in the top 4 browsers, and Safari was ahead of IE that was 4th. But I believe that was only their users, writing code with a small functional programming language, so they weren't representative of the standard average user. I guess I was just lucky I didn't have to test for how it did with lynx (think that's right, a command line "browser" in Unix/Linux variants). This will be an interesting experiment. I don't think Apple gets much extra perks or whatnot by having people use Safari, so there shouldn't be a downside. But the data, of X choose Safari as their default browser when asked, and Y moved from a different browser back to Safari, would be interesting. I doubt Apple will come back with that info publicly, unless it is to the EU in a followup. But 3rd party trackers might show some blips.
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Post by duckpins on Jan 26, 2024 11:38:13 GMT -8
Boeing is still on the ground. This company seems to live on bad news reports. Any aviators here who understand why the planes are having so many problems? Clearly complicated machines which require many levels of precise building and engineering. But they are expensive enough to cover all this.
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Post by duckpins on Jan 26, 2024 11:38:54 GMT -8
"PED has One scalper bought 1,592 Apple Vision Pros — report]. “The scalpers are betting that consumer demand for the Vision Pro will be high on launch day, Feb 2.”. Seems like a pretty risky bet to me." Can't one just return them if no sale bonanzas?
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4aapl
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Post by 4aapl on Jan 26, 2024 15:53:12 GMT -8
Can't one just return them if no sale bonanzas? That seems to be the trick that some people use, especially if they manage to get it for a discount. I think this is why Costco puts limits on things that are on sale (there are some workarounds). But I've seen listings on Amazon for things from Costco or Harbor Freight before, and sometimes it is even something they continue to have in stock. I thought there was some sort of limit on the Apple Vision Pro, like 2 per account. Maybe I am remembering that wrong, or maybe it was just right when preordering opened. (EDIT: I hate some of these edge cases, that make retailers at least consider changing rules for everyone, but when too many people start abusing the system it makes sense. The latest was that we get lazy returning things to the big box stores sometimes, especially with home project items. In the past Home Depot and Lowes both allowed you to return things without a receipt, and get store credit. They even bragged about this originally (I remember overhearing them talking to a widow in Campbell, about 18 years ago, telling her to bring in all of the extra stuff her late husband bought), though it changed a bit over time, getting put on a list if you returned things too many times. But recently I tried to return some items that were in new condition, like plumbing connectors I didn't use, and some trim. Home Depot took it back and gave me credit, but Lowes said they had changed their policy, and wouldn't take things back anymore without a receipt. Stories talk about organized crime hitting these stores and stealing things. I understand the change in policy, even if I don't like it. While I think it would be unlikely that many people would try to walk out of there with 12' trim boards and then return them, it's a general policy. At the same time, I wish there was some wiggle room on it, like if you live more than 30 minutes from the closest store. And while "restocking fees" on returns normally seem wrong, a 10% restocking fee on resellable merchandise if you don't have a receipt seems like it would be a good compromise. Other places, like REI, Sierra Trading Company, and even Costco have changed their policies over the years. While I doubt this purchaser of a huge quantity of AVPs will have to return any, I wouldn't mind if there were rules against it. Even if it was edge case, like a 10% restocking fee if returning more than 20k of merchandise a year.)
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