From CNBC's "Satori Fund’s Dan Niles on what investors should watch after Apple product launch event" aired Tuesday morning on Squawk Box.
My take: Buy the rumor, sell the news, yadda yadda yadda. Niles, you may recall, was telling CNBC listeners to sell Apple when it was trading in April 2020 for $67 a share. “You can’t eat an iPhone," he said. "You can’t live in an iPhone. You can’t be warmed by an iPhone.”
Another “analyst” who’s been out of Apple since January, 2020, when AAPL was $80.
How DO these guys keep a job?
This channel is truly a wasteland. George Miller could film his next Mad Max sequel on the CNBC set with this cast of characters.
In other words, for people who are in for the long term, this information is useless.
And yes, please hold his feet to the fire.