Recent Comments

  • Robert Paul Leitao on Premarket: Apple is red - 'Rodney: It’s still a new all-time high. I’m far less concerned where Apple is trading today and more interested in what range it will be trading as we move closer to the WWDC 2026 keynote and beyond.'
  • Joseph Bland on Premarket: Apple is red - 'Hi, Rodney. Yep. Call wall if I’ve ever seen one. That pretty much lays down the gauntlet between the traders and the long term investors. Should be an interesting trading day!'
  • Joseph Bland on Premarket: Apple is red - 'Hi, David. “But the bottom line is that it’s a political decision.” I don’t think I implied otherwise, and little ole me won’t make this happen in any case. “It’s in Iran’s benefit to keep the Straights closed, or to extract a toll, no matter what is on those ships.” You mean it’s to the (temporary) benefit of Iran’s totalitarian leadership. Iran itself would vastly benefit from stepping away from its pariah nation image. And that “leadership” has suddenly found itself vulnerable to unexpectedly leaving this plane of existence, which seems a pretty meager ROI in return for screwing over the whole Iranian population, and suggests that maybe, just maybe, curtailing the authoritarianism might be a more fruitful tack…. “So where do you draw the line?” That’s what negotiations are for. But without a doubt, there are goods that are not hydrocarbons in their raw form being shipped, which is why I suggested starting there. And actually, if other “forms” of raw hydrocarbon are then bargained over, then that keeps negotiations moving forward, which isn’t a bad thing. To be perfectly honest, this embargo actually has a positive side, since folks are grasping for solutions that don’t require that much raw hydrocarbon, or that stretches the raw hydrocarbon further. Solutions that very much include renewables….'
  • Rodney Avilla on Premarket: Apple is red - 'It looks like somebody(s) had their computer set to sell Apple at $315. I think the price was at $315 for 1 ms.'
  • David Emery on Premarket: Apple is red - 'Two thoughts: (1) there’s crude. There’s refined fuels. There’s other direct hydrocarbon products, like plastics. Then there’s stuff derived or byproducts from hydrocarbon production. I -think- Helium and Fertilizer are at least in part in that category. So where do you draw the line? (2) But the bottom line is that it’s a political decision. It’s in Iran’s benefit to keep the Straights closed, or to extract a toll, no matter what is on those ships.'
  • David Emery on Premarket: Apple is red - 'Dell got a juicy government contract to be the sole purchasing point for -Microsoft- software licenses. (Go figure! But then Michael Dell has been sucking up to the administration….)'
  • Joseph Bland on Premarket: Apple is red - 'Good point, Fred! And Apple’s ability to build relatively inexpensive high quality 3d cameras that can each give a unique vantage point is part of that potential. The future’s so bright we gotta wear shades….'
  • Joseph Bland on Premarket: Apple is red - 'I agree, Jonny: RSI, like the P/E ratio and Max Pain, is a trailing indicator, shooting behind the AAPL target. Upvoted.'
  • Fred Stein on Premarket: Apple is red - 'We may finally have the egg of chicken and egg. 3D sports broadcasting to stimulate 3D viewing on AVP'
  • Joseph Bland on Premarket: Apple is red - 'As we enter Friday with yesterday’s volume right at average with a new ATH, countered by a significant Max Pain of just $300/share, there’s talk of an extended cease-fire in the Iran war, lowering oil prices and supporting the market’s melt-up i wonder: Since hydrocarbons are the issue in the Iran war, is there a chance that all parties can agree to let all other merchandise through? It would help ameliorate the inflationary aspect of the embargo. That would seem to at least partially solve the impasse, and can be viewed as a “win” by all sides.'
  • Bart Yee on Premarket: Apple is red - 'https://www.sportico.com/leagues/soccer/2026/mls-apple-tv-viewership-cost-world-cup-streaming-1234901737/ MLS SAYS VIEWERSHIP UP 62% OUTSIDE OF APPLE SEASON PASS PAYWALL MLS matches have averaged 62% more viewers through the first three months of its season compared to last year, the league announced Friday, with all games now available on Apple TV. Including viewership via international distribution and linear partners, the league said it averaged 7.9 million live match viewers per week heading into its World Cup break. “A huge part of the growth this year is obviously the fact that we moved all of our matches to Apple TV, we’re seeing that pay dividends,” MLS EVP of media Seth Bacon said. “But we’re seeing the growth across all platforms.” Last year, MLS and Apple updated their partnership, which is now set to end before the 2029-30 season begins, shortening the original contract length by three-and-a-half years. Previously, games streamed within Apple and the league’s distinct streaming service, MLS Season Pass; now, subscribers to the $99/year Apple TV service can watch all MLS games. Apple initially signed a 10-year-deal with MLS, looking to use myriad fan touchpoints to grow the league’s standing among consumers around the world. MLS Season Pass eliminated blackouts, including for local games, though the subscription service added a barrier for potential new fans. Now, as part of Apple TV, MLS games are available through the same package that includes F1 races, MLB games and general entertainment. Apple has not released subscriber numbers, though last year SVP Eddy Cue said the company had “significantly more” than the previously estimated 45 million subs. Last week, Apple used 15 iPhones to capture a live match. MLS is averaging 22,109 fans per match this year, its second best mark ever through May, it said. The league also boasts an average fan age of 39.6, the youngest among major North American men’s professional sports leagues. The average MLS team is now worth $767 million, according to Sportico’s valuations.'
  • David Emery on Apple soars to $312.51: 10th record close of May - 'Yup. Apple is Doomed, no matter what. For once, I kinda wish PED wasn’t coming home 🙂 🙂 It’s been a great run while he’s been away.'
  • Bart Yee on Mark Gurman: Artist's rendition of the new Siri - '“I’m sorry Phil, I’m afraid I can’t do that till WWDC and iOS 27. But I found this on the web, check it out!”'
  • Jonny T on Apple soars to $312.51: 10th record close of May - 'Best post of 2026 there Bart! I’d forgotten a lot of those (because these days I spend zero time where those pumpkinheads are present). Today’s very large number is tomorrow’s large number and next year’s not particularly large at all number!'
  • Jonny T on Premarket: Apple is red - 'Can anyone tell me if there is any evidence that the RSI data has any actual effect on activity? I always wondered whether it mattered as we seem to often charge ahead when it’s saying overbought, making it a lagging indicator?'
  • Bart Yee on Apple soars to $312.51: 10th record close of May - 'The Law of Very Large Numbers (yeah, tell that to NVidia, above $5 Trillion, Google, Apple, both above $4 Trillion, Microsoft, above $3 Trillion, and Amazon, TSMC, Broadcom, all above $2 Trillion). The PE is too high!! TTM FTM NVDA 32.8 vs 24.5 AAPL 37.8 vs 35.3 AMZN 31.6 vs 31.1 GOOGL 29.8 vs 27.6 MSFT 26.4 vs 22.0 META 23.1 vs 20.2 NFLX 27.9 vs 26.9 TSLA 405 vs 213 TSMC 36.3 vs 27.2 It’s got to come down at some point, maybe gets sold off at WWDC? Apple will screw up Apple Intelligence yet again, Tommo told us so. Apple is never going to catch up in AI, that ship has long sailed. Without its own homegrown LLM or ChatBot, Apple is left in the dust. If Apple won’t spend hundreds of billions on AI infrastructure, it will have to pay hyperscalers for enough compute power, that’s going to cost them plenty. Apple is just a hardware company and a one trick iPhone company at that. Smartphones are a mature market and Apple won’t see any growth. Android overwhelmingly owns emerging markets, Apple will never make meaningful inroads in those markets. Everybody who wants an iPhone already has an iPhone. No one wants the fourth iPhone, be it the SE, the Mini, the Plus, or the Air. Eh, the “e” doesn’t sell enough to matter. The Apple Ultra Foldable is too little, too late, and probably way too expensive. And Apple had to have Samsung make the display, so Apple isn’t making anything new here. Macs will always be a niche, Windows will always dominate at 90:10. Apple Silicon is nice but M-series Macs and MacBooks aren’t going to take over the PC or Notebook markets. No one wants to pay for more subscriptions and Apple’s users will wise up one day. iPads are not computers so no one who wants to do real computer work is going to buy them. Apple products are overpriced, underspecced, walled garden junk. If there was real competition in the US, and US consumers could really see what they are missing (larger batteries, faster charging, more customization, superior cameras, better OS, and cheaper too), the Chinese flagship smartphones would eat Apple alive. There’s no more health breakthroughs on the Apple Watch, it’s stagnant, iterative, stale, and other brands have caught up. Vision Pro has been a flop, no one will wear it or use it. Apple wasted its time and money on it. Apple TV is also a huge waste of time, money, and effort, a big ego trip for Cook, Cue, and the rest, it’s never going to be worth it, nobody’s going to dethrone Netflix. Apple TV 4K boxes are way too expensive and nobody is gonna spend that much on a TV streamer. Finally, nobody wants to be an Apple user, they’re all brainwashed sheeple who will buy anything Apple makes. If they could really see how limited they are by Apple hardware and software and “ecosystem” lock in, they’d wake up and flee to the freedom of sideloading, customizing, and open source that is Android, Windows, and Chrome. Too bad they’re not techies, just teens, old folks, simple minded non-techs, women!, girls, and status seeking know nothings. Really smart people will have nothing to do with Apple if they truly woke up. Apple is doomed, and I know my shirt will pay off eventually, Apple just can’t go snu higher, it’s way too expensive as it is already. It’s not even worth $250.'
  • Bart Yee on Premarket: Apple is red - 'Ron, that corruption has echos of Evita! And The Money Kept Rolling In (and Out) 2009 revival with Ricky Martin youtu be/tSMuaZXe-44?si=PyRkbjmS6IsbK6Lx Original Broadway Cast Album with Mandy Pantikin and Patty Lupone (highly recommended) youtu be/IM_Yp8xo10A?si=8TOvngIkdePb7vQl (CHE) And the money kept rolling in from every side Eva’s pretty hands reached out and they reached wide Now you may feel it should have been a voluntary cause But that’s not the point, my friends When the money keeps rolling in, you don’t ask how Think of all the people guaranteed a good time now Eva’s called the hungry to her, open up the doors! Never been a fund like the Foundation Eva Perón! [ENSEMBLE] Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling [CHE & ENSEMBLE] Rolling on in, rolling on in, rolling on in, rolling on in, on in [CHE] Would you like to try a college education? Own your landlord’s house, take the family on vacation? Eva and her blessed fund can make your dreams come true Here’s all you have to do my friends Write your name and your dream on a card or a pad or a ticket Throw it high in the air and should our lady pick it She will change your way of life for a week or even two Name me anyone who cares as much as Eva Perón! [ENSEMBLE] Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling [CHE & ENSEMBLE] Rolling on out, rolling on out, rolling on out, on out [CHE] And the money kept rolling out in all directions To the poor, to the weak, to the destitute of all complexions Now cynics claim a little of the cash has gone astray But that’s not the point, my friends When the money keeps rolling out, you don’t keep books You can tell you’ve done well by the happy, grateful looks Accountants only slow things down, figures get in the way Never been a lady loved as much as Eva Perón! [ENSEMBLE] Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling [CHE & ENSEMBLE] Rolling on out, rolling on out, rolling on out, on out Eva! [CHE] If the money keeps rolling in, what’s a girl to do? Cream a little off the top for expenses—wouldn’t you? But where on earth can people hide their little piece of heaven? Thank God for Switzerland! Where a girl and a guy with a little petty cash between them Can be sure, when they deposit, no one’s seen them Oh, what bliss to sign your checks as three-oh-one-two-seven! Never been accounts in the name of Eva Perón! [ENSEMBLE] Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling Rolling, rolling, rolling [CHE & ENSEMBLE] Rolling on in, rolling on in, rolling on in Rolling on in, rolling on in, rolling on in, on out!'
  • Bart Yee on Premarket: Apple is red - 'Full links went into moderation sandbox, sub spaces with dot. Keeping tabs on Apple’s smartphone competition, here’s the Xiaomi Q1 2026 March Quarter Earnings Presentation: ir mi com/static-files/cd5e90e6-4a61-4624-83a7-1aa0dd6acce9 And the Quarterly financial report: ir mi com/static-files/098acc43-1b58-4d1b-b375-9ea25f35477b Some of the highlights and lowlights —> remember, this is Android’s second largest and China’s largest smartphone maker by volume sold) Overall Total Revenue RMB 99.1B = $14.6B USD -11% YoY Gross Margin 22.0% Gross profit, Adj. RMB 6.1B = $899.8M -41% vs 10.7B ¥ or $1.57B YoY (You read that right, Xiaomi, in the entire quarter, w/EV’s, smartphones, tablets, laptops, AIoT, made $14.6B revenue and but only $900M profit) Smartphones and AIoT RMB 79.3B = $11.7B USD (80% of total) Gross margin 22.5% Citing Omdia data: Smartphones shipped 33.8M. World market share of 11.8% Actual isolated smartphone revenue reached RMB44.3 billion, ($6.54B) with a gross profit margin of 10.1% ($660M) (Calculated ASP = RMB1,310) “Average Selling Price (“ASP”) of our smartphones reached a record high, up 8.2% year-over-year to RMB1,310 ($194). According to third-party data, in the first quarter of 2026, our premium smartphone units sold accounted for 23.5% of our total smartphone units sold in the Chinese Mainland.” (According to Xiaomi, its shipment decline was deliberate as it curtailed sales of lowest end smartphones to concentrate on high value, more profitable models. Xiaomi shipped a total of 8.7M units in China, of which 23.5% or 2.04M were “premium models over RMB3,000 ($443) price”, although IMO, that’s really midrange unless that’s a wholesale price. Regardless, remember the notation of Ice Universe’s numbers for Chinese vs Apple China sales in the 18 weeks after iPhone 17 intro? It tracks as 3.08M/18 weeks or in Q1, same rate and result, 2.04M/12wks.) The IoT category includes basic watches & bands, smartwatches, earbuds, Internet Services, smart TV’s, and advertising. Smart EV’s, AI, New Initiatives RMB 19.9B = $2.95B USD (20% of total) revenue • Delivered 80,856 Smart Electric Vehicles, Increased 6.6% YoY (If assign 100% of rev to EV, ASP = $36,484.60, likely actually 5,000 sq ft throughout Mainland China, plus over 16,000 retail locations (that’s mind boggling) along with over 500 international stores (not clear if Xiaomi exclusive or shared retail outlets). All of this is to show that for Xiaomi, the businesses of smartphones at the lower end is pretty unforgiving, and barely profitable, while trying to produce and sell EV’s in China isn’t particularly profitable either, even if you sell over 80,000 of them in one quarter. Maybe, like AI infrastructure spending, Apple not getting committing to bringing an operational EV to market and spending to create production and sales wasn’t as much of a miss as once thought? Anyway, thought you might like to see just how much or little Xiaomi makes in its two primary businesses. Can you imagine what it’s really like at Vivo, Oppo, Huawei, RealMe/OnePlus, Transsion, etc.? There must be big subsidies coming from the Chinese government to keep them afloat. And with the coming memory cost crunch, it’s going to get worse.'
  • Ben Gepp on Premarket: Apple is red - 'DELL is still looking a very saturated shade of slimy swamp green in the pre market. But prefer AAPL tortoises along with slow and steady gains. We will be fine as long as we don’t get crapped on by a big fat orange swan.'
  • Robert Paul Leitao on Premarket: Apple is red - 'In other stock coverage this evening Barron’s is talking up Best Buy’s greater than 5% dividend yield following today’s 17% jump in the share price. The company announced eps of $1.28 per share up from $1.15 last year along with a 2% bump in same store sales. Revenue rose 2% to 8.78 billion in the most recent quarter. If anything, Best Buy might be a stable dividend play for investors looking for equities that deliver attractive income streams with some upside potential.'
  • Robert Paul Leitao on Premarket: Apple is red - 'Just to close out the day on the Dell news, the shares continue to trade overnight up nearly 40%. For those interested in the DoD deal which is for $9 billion over five years and was announced Wednesday night, I don’t see that moving the needle. What is propelling the shares higher are the market’s response to big and surprising gains in revenue and net income. Dell is now a solid AI play with strong growth ahead and growth momentum pushing the shares higher. The company is now forecasting annual revenue close to $170 billion with sharply higher earnings forecasts.'
  • David Drinkwater on Apple soars to $312.51: 10th record close of May - 'APPL is currently $10 above Max Pain. If I were a trader, I would have shorted it late in Thursday’s trading. But I’m not a trader. Yet.'
  • Michael Goldfeder on Mark Gurman: Artist's rendition of the new Siri - '@PED: Tell the Swiss Air Gate Agent that you’re the straw that stirs the drink on Apple 3.0 and that you need to get back to the control center ASAP as Apple is on a record run this month. That should expedite your pre-boarding experience.'
  • Gregg Thurman on Apple soars to $312.51: 10th record close of May - 'There will always be doubters. I say take advantage of them while you can.'
  • Robert Paul Leitao on Premarket: Apple is red - 'Ron: I certainly wouldn’t mind if Apple or any other major US tech company got a big defense contract. Back to Dell for the moment, the shares are now up over 40% overnight. The headlines, including coverage in Barron’s, are highlighting the quarter’s results released after the market’s close. The company reported eps of $4.86 per share versus consensus of $2.96 per share on revenue of $43.8 billion per share versus an expected revenue total of $35.70 billion. Revenue on AI optimized servers was $16.10 billion, up 757% year-over-year. On the server purchase contract from the DoD, it’s a $9.69 billion contract over five years. I don’t think that’s the news that’s primarily moving the share price this evening. That news was announced Wednesday and before today’s session began. I think it’s the increasing revenue forecast for the fiscal year to between $165 to $169 billion from a prior forecast of $138 to $142 billion. Dell is now an AI play. According to Barron’s the the defense contract will consolidate software acquisition across the department and enable customers to procure Microsoft software licenses, cloud subscriptions and software assurance. Microsoft did close up $13.32 or 3.47% today at $426.99. Dell rose during today’s session 3.84% to $317.05 on the defense department contract news.'
  • Michael Goldfeder on Apple soars to $312.51: 10th record close of May - 'This is an exceptional May run up to WWDC. Yet there are still doubters and naysayers as evidenced by the recent increased short interest in Apple that has me mystified: Short interest was (134.422) Million as of April 15, 2026. 3.388 Short interest was (134.675) Million as of April 30, 2026. 2.931 Short interest was (138.782) Million as of May 15, 2026. 2.744'
  • Ron Fredrick on Premarket: Apple is red - '@Robert Paul Leitao – So, Trump *also* bought stock in Apple, NVIDIA, Broadcom, Oracle and Microsoft. Should we hope all those companies will be getting Pentagon contracts worth many billions of dollars? Unfortunately, it’s probably too late for him to suggest that people should buy an Apple computer since he already said that they should “go out and buy a Dell computer” because Dell makes a great product. I’m sure *many* previous U.S. Presidents got rich(er) during their terms by buying stock in companies that, miraculously, subsequently, got billion dollar Pentagon contracts. /s'
  • Robert Paul Leitao on Premarket: Apple is red - 'Ron: Thank you. I did some research on the recent stock purchases. US News and World Report, in a report dated May 20th, suggests President Trump purchased more than $1 million in Dell stock in February. In the same quarter, according to the story, the president purchased between $2.05 million and $7.2 million in Apple stock. Added to a previous purchase, the President now holds at least $2.7 million in Apple stock. [End of story references.] That was as of the story date just over a week ago. Looking at Apple’s recent performance over the past week, the position is likely worth more. According to Yahoo! Finance, Apple is up 3.39% over the past five days and is up 15.44% over the past month. I’m bullish on Apple. During the same quarter the President also purchased shares of NVIDIA, Broadcom, Oracle and Microsoft.'
  • Robert Paul Leitao on Premarket: Apple is red - 'Apple finished the day up $1.66 or 0.53% at $312.51. This represents a new all-time closing high for the shares. The latest all-time high of $313.26 was set during yesterday’s session. I’m excited the market, ahead of WWDC 2026 which commences on June 8th, sees Apple as an economic beneficiary of today’s massive AI capex spend through the sales of more of the company’s products. Will Apple deliver? I’m looking forward to the show!'
  • Ron Fredrick on Premarket: Apple is red - 'Robert Paul Leitao said: “Wow. Shares of Dell are up over $120 AH (representing a greater than 38% advance) following earnings and the announcement of a big AI server deal. The shares are trading at over $437 now. More later…” =================================== **https(colon)//www.yahoo(dot)com/news/politics/articles/trump-bought-lots-dell-stock-212102280.html “Trump Bought Lots Of Dell Stock — Then The Pentagon Gave Dell A $9.7 Billion Contract President Donald Trump bought a load of Dell Technologies stock just months before the computer maker received a massive Pentagon contract, in yet another example of how the president can benefit financially from his work in the White House. The Defense Department announced Wednesday that Dell had won a $9.7 billion, five-year contract to provide software to the military. Back on Feb. 10, Trump purchased somewhere between $1 million and $5 million worth of Dell stock, according to his periodic financial transaction report. The public did not become aware of that stock purchase until the disclosures were filed earlier this month, as required by law. But in the meantime, the president repeatedly hyped Dell in a series of public speeches, even going so far as to urge people to “go out and buy a Dell computer.” “They make a great product,” the president said less than two weeks after the stock buy. Before scoring the Pentagon deal, the Dell family had effectively promoted the president by donating $6.25 billion in funding for so-called “Trump accounts,” the new tax-advantaged savings vehicles created by the president’s One Big Beautiful Bill Act. “I want to thank the Dell family. It’s a great family. He is amazing; she is amazing,” the president said on May 8, referring to Susan and Michael Dell, the company’s billionaire founder. All the while, Dell stock has soared. The White House referred questions about the president’s stock purchases to his family business, the Trump Organization. White House spokesperson Kush Desai maintained that Trump’s “only interest is doing what’s best for the American people.” ″[H]is effusive praise for the Dells is rooted only in their patriotic contribution of over $6 billion to the Trump Accounts of 25 million working-class American children,” Desai said. The Trump family has previously said that the stock trades are placed automatically and that the president doesn’t control them. “President Trump’s investment holdings are maintained exclusively in fully discretionary accounts managed by independent third-party financial institutions,” his son Eric Trump said on X last week. “These institutions have sole and exclusive authority over all investment decisions, including asset allocation, trading, rebalancing, and portfolio management.” The younger Trump called the media’s reporting on conflicts of interest “dishonest.” “The president doesn’t sit at the Oval Office on his computer on a Robinhood account buying and selling stocks,” Vice President JD Vance said dismissively at a press conference on May 19. Even if the trades are made by third parties, the president can still be aware of them because his investments are not in a blind trust, as The New York Times noted. The potential conflicts of interest involving Trump are so numerous that they can be difficult to keep up with. He bucked norms by refusing to divest from his own companies during both his presidencies, and has blurred the lines between official business and personal profit throughout his time in the White House, including pouring money into cryptocurrency while trying to deregulate the industry. Just this month, administration officials announced a new $1.78 billion “Anti-Weaponization Fund” that could enable them to steer taxpayer money to Trump allies, Capitol rioters among them. Ethics experts have called it an act of brazen corruption. Citizens for Responsibility and Ethics in Washington, a government accountability watchdog group, said the president’s Dell stock purchase and the events that followed demonstrate “why ethics laws matter.” “The president has put the weight of his office behind a private company, singling them out as a good investment and granting them a lucrative government contract to further bolster their bottom line, while other companies — big and small — struggle to compete,” said Cynthia Brown, the group’s senior ethics counsel. “The administration should be working to improve opportunities for all American businesses, not playing favorites.”'