Stock Market is the bottom in?

[bwoods11]

Apple is my top holding and it’s getting crushed today! I’m kinda surprised as Tim Cook was almost front row yesterday, and I think Apple will do well the next 4 years.

Maybe just needed a bit of a correction ?

 

[Brian662]

Apple is my top holding and it’s getting crushed today! I’m kinda surprised as Tim Cook was almost front row yesterday, and I think Apple will do well the next 4 years.

Maybe just needed a bit of a correction ?

Same with me, Apple is my highest position. I think they've had a few launches of new devices that haven't hit their marks recently, but I'm not sure what caused today's decline.

I'm in a long position anyways on them, but may divest some into other tech.

 

[Bowsnbucks]

People have to be responsible for themselves and the information they choose to believe, otherwise they're just going to be used and abused by those that do have the ability to reason. Been that way for all of time.

Remember, we're not only at risk of those who are intentionally trying to deceive us, there are also tons of experts out there who have no idea what they hell they are talking about, despite having good intentions.

Not being aggressive or crappy here at all - but your phrase, ".... information they choose to be believe....." leaves me wondering. Do you think that scientists & journalists who spend their entire careers studying, recording on tape, documenting, gathering various data sets on a number of topics are just full of sh?? Or are we supposed to believe a bunch of loud talking heads (raging in some cases), on TV that themselves have an agenda - usually totally aligned with special interests paying them to expound as they do. Where do those loud talking heads get their expertise on any given topic?? They have no scientific background or careers studying things like environmental issues, rail-car brake safety, or health risks posed by certain chemicals & dyes. But because they're loud, angry-sounding, aggressive in many cases, many people latch onto such info (largely because they're p-d off themselves because they feel left out / left behind in society. Can't say I blame them.) It's not scientists or real journalists who are putting the screws to them. Just watch how many millions of American workers will lose their jobs with AI expansion. The companies who are creating AI agents don't even try to hide that fact - they declare it openly. Are those taped interviews all fake?? Deception??

Here's a question for all - if companies actually wanted to see American workers do better / have a fairer shake in our economy ....... why are they spending hundreds of billions to eliminate our jobs in favor of AI machines / robots (soon to be called "AI agents")?? Just read an article by an AI exec who said - "..... make no mistake, millions of jobs will be gone." Programmers, coders, engineers, and accountants are high on the chopping block for elimination. The one guy even said in the article that these AI agents are much smarter than most people, and much quicker at accomplishing tasks. AI tractors are another emphasis for the corporate farms. Sound positive??

How do we know / trust what the stock market jockeys are telling us?? Insiders know things we'll never know. We / I can't see the actual exchanges being made when a hedge fund manager, or a deep-pockets insider makes a big buy or sell-off - and we can't know about them until they file a 13-F I believe it's called, to let the general public know. There's another SEC filing that has to be made as well - can't remember its name/number at this writing. And the public doesn't get to see them as soon as they make those trades. They only have to file periodically. Are we being deceived - at least for a period of time (possibly / probably to a trader's / investor's disadvantage)??

Used and abused / deceived comes from both directions - not just one. When I saw hundreds of people smashing windows and doors to invade the U.S. Capital live with my own eyes, with some police being crushed, struck with poles, clubs, shields and furniture - - and then some jokers try to tell us they were on a "peaceful tourist trip" ------ anyone who thinks that's true is nuts. How would anyone out there like to have your home invaded like that with windows & doors smashed in, physical violence on you & family members, some being killed DEAD?? Would you consider that a "peaceful visit"?? By any definition - those actions constituted an insurrection to over-turn a legally-conducted, fair election (by the accounts and judgements of over 60 courts). Book definition of an insurrection for any student of civics / government. How does that suddenly become "a peaceful tourist visit" ...... just because someone with political gain to be had says so??? The recorded visual evidence is there on video tape - like tracks in the snow of a deer or rabbit. I wouldn't think a rational person would see a deer track in the snow, and then have someone else tell him a bear or a house cat made the tracks. If they then choose to believe the one who said a bear made the tracks, well ......... that speaks for itself.

Best of luck in these markets, gents.

 

[SD51555]

Is there anything new coming from Apple that anyone needs? They're sporting a 35 P/E and their sales are growing at 2%. With inflation, I can't help but figure their unit sales have to be falling somewhere. They seem one bad report away from getting smacked down to an 8 P/E, and that means it's gotta fall about 80%.

Don't take this as me betting on this. I've been saying this for 15 years, and we've had nothing but multiple expansion with no improvement in actual business results. I think they're gonna hit a breaking point with iPhone pricing. Will people be willing to pay $1,900 for the iPhone 22 that has 46 cameras in another year? That seems the only place they can go.

I didn't research any of that. That's just my knee jerk reaction. I’m cranky today.

 

[SD51555]

Not being aggressive or crappy here at all - but your phrase, ".... information they choose to be believe....." leaves me wondering. Do you think that scientists & journalists who spend their entire careers studying, recording on tape, documenting, gathering various data sets on a number of topics are just full of sh??

I don't believe that was their intention when an aspiring scientist picked a field, but to answer your question...

Yes, 100%.

Pick any subject, climate, food, medicine, energy, health, economics, monetary policy, crime, or war. It's horrendous what's being presented as science. The number one role of science is to deliver the narrative. The number two role of science is to destroy anyone that threatens role number one.

Just look at covid. 90 days in, I asked, "hey, does anyone know anyone that knows anyone affected by this?" The answer was no. Believe me, if I saw signs that a population decimating pandemic was underway, I'd be out in the boonies and locked down before anyone else had any idea what was going on.

I remember in chyna when the campaign was just ramping up, CNN ran satellite photos showing smoke rolling out of every crematory in the country round the clock, and rumors of so many dead that they had to be piled into incinerators with wheel loaders. People were collapsing in the street on camera, just "doot doot doot, wham dead" right on the sidewalk like they got hit by lightning. Yet none of that ever happened here.

I am skeptical, and I've been right far more than I've been wrong. But I go deeper than headlines and sound bites. Give me a book, a three hour podcast with a scientist that has an alternative take on something, or a 30 page paper. I'll eat it all and get to the truth.

 

[Barndog56]

Who made money on the Stargate announcement today?

I work for an electrical switchgear fabrication company. Our largest customer is an AI data center company, owned by Blackstone Inc(BX). Their orders in 2026 are increasing by 50%.

 

[Bill]

51 intel ops said the hunter laptop was Russian disinformation. We all “with a brain” knew that was BS.

51 lost their security clearances today for lying. But no scientist would lie for $.

Interesting times. This should be fun if nothing else.