Recent Comments

  • Gregg Thurman on Premarket: Apple is red - '” Nvidia (NVDA) and Apple (AAPL) represent over 15% of the index…”” Interesting to not tha Yahoo Finance chose to write about the competing leaders of the two “AI” strategies. Data centers and on-device. This shouldn’t be a surprise to anyone. I like APPL’s direction far more than Nvidia’s.'
  • Joseph Bland on Premarket: Apple is red - 'Saw this on Apple Stock News just now: “Nvidia and Apple hold stock market’s power like never before: Chart of the Day” – Yahoo Finance “The S&P 500 has never been more concentrated in two stocks than it is today. Nvidia (NVDA) and Apple (AAPL) represent over 15% of the index…”'
  • Joseph Bland on Premarket: Apple is red - 'Speaking of spatial video, Horace linked to this yesterday: apple.com/newsroom/2026/05/apple-unveils-new-accessibility-features-and-updates-with-apple-intelligence/ His comment: “NB [Nota Bene]: We have not yet arrived at WWDC yet Apple unveils huge new accessibility features powered by Apple Intelligence and reveals Vision Pro functions that will change lives. The Vision Pro remains the most remarkable machine I’ve ever seen or heard of. It is S tier. Be sure to read the full release in the linked page from the Apple Newsroom. I chose to focus on the Apple Vision Pro portions but much more is being announced. I chose the AVP because I had read some false claims made about it being deprecated. The latest announcement highlights Apple moving the product in yet another unforeseen direction: helping people with disabilities. To commit to this level of development speaks volumes. Noteworthy is also in-vehicle use–something that until now has not seen much attention. I have tried motion cues with the iPhone. It’s pure magic. Medical professionals are paying attention even if the cynics aren’t.”'
  • Robert Paul Leitao on Premarket: Apple is red - 'Raj: Yes. We’ve been waiting two years since the WWDC 2024 debacle. IF Apple delivers in June at WWDC 2026 and restores trust in Apple’s ability to deliver meaningfully on AI, the share price is likely to move considerably higher. Successfully presented, I expect a conspicuously upgraded Siri as well as the technologies supporting AI inculcation successfully woven into the operating systems to spark a multi-year “super cycle” for the iPhone and a significant pickup in Mac sales. Anticipated growth in revenue and net income would propel the share price higher.'
  • Joseph Bland on Premarket: Apple is red - 'Hi, Roger, and thanks for asking! From Investopedia: “The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security’s recent price changes to detect overbought or oversold conditions in the price of that security.” Like the trailing P/E ratio, RSI doesn’t “dissect” the cause of a change; it only records it. If RSI dropped when buybacks slowed down, there is no attached causal effect matched to buybacks. IOW, it could be a coincidence. Like Rodney said: “RSI is a technical analysis regarding change of stock price, and assumes there are no changes in the fundamentals of the Stock.” He then mentioned some fundamental differences, and I mentioned yet another long-standing fundamental difference between Apple and other companies (massive buybacks going back well over a decade now). To compare RSIs between companies and to ignore the fundamental differences is to be the tail wagging the stock market dog, because it creates false equivalencies. And in the case of Apple Inc, it essentially undervalues the company.'
  • Philip Elmer-DeWitt on Premarket: Apple is red - 'Not spatial, just a pano.'
  • Gregg Thurman on Premarket: Apple is red - 'Red lasted for about a nano second. New ATH.'
  • Raj Pandey on Premarket: Apple is red - 'AAPL rises to 301 at open and gets pulled down to 300, rises to 302 and gets immediately pulled down hard to 299.50. Third day now and it looks like some big guys really want it to be at or below 300. A promising introduction to a brilliant new Siri at WWDC will shatter the 300 barrier. Hopefully forever!'
  • Robert Paul Leitao on Premarket: Apple is red - 'While the world waits on NVIDIA’s earnings, the major indexes have turned green. Apple is now up $1.20 at $300.17. In morning trading AMD is up $21.47 at $435.52. Apple supplier Corning is ahead $4.38 at $180.21. It looks like a good morning for financials. Goldman Sachs is up $15.83 at $944.57 and Morgan Stanley is is higher by $2.80 at $192.38. In reading through the news this morning, Wedbush reportedly said in a note this morning about the NextEra and Dominion merger, “the AI-driven power demand super cycle is not a cyclical trade but a decades-long infrastructure build.” Do these words from Wedbush about a super cycle sound somewhat familiar?'
  • Bart Yee on Premarket: Apple is red - '“Postcard from Split: Best viewed on Apple Vision Pro…” Caption: Captured in Spatial on iPhone'
  • Robert Paul Leitao on Premarket: Apple is red - 'Michael: I addition to NextEra, I’ve started building positions in DTE Energy and Eversource Energy. I’m looking for opportunities in the utilities sector due to expected increases in energy demand from the AI revolution as well as the current income component from the comparatively high dividend yields in the sector. Congratulations on your continued success as an investor!'
  • David Drinkwater on I'm flying to Croatia - 'I can’t speak for Croatia, but when I was in France in 2023 I paid for almost everything with my iPhone. It was phenomenal!'
  • Stephen Gordon on Premarket: Apple is red - 'Watched some of Google I/O keynote and got a little bored. Their AI tools are cool, no doubt, but without the hardware it’s like eating a sandwich without the bread. Not satisfying. There were also awkward pauses, where the audience was suppose to cheer but wasn’t sure if the moment was ripe for it. Makes me miss the Apple live events. Those people knew how to liven up a big space.'
  • Roger Schutte on Premarket: Apple is red - 'Joseph, where do you find the data that says RSI doesn’t account for buybacks? RSI dropped when buybacks slowed down in February and stopped in March.'
  • Joseph Bland on Premarket: Apple is red - 'Apple closed green, up 0.4% but under $300 again ($298.97). Volume higher than yesterday at 34.8 M but still substantially under the 43.8 M average daily trades. Clearly that $295 Max Pain is still a dragging anchor, but just as clearly it’s much diminished from last week. I still think a $300 floor is trying to form under Apple’s valuation, and I think it’s well deserved. If you take into account a reasonable expectation for continuing 20% yearly growth in EPS for the next several years for a $4.4 T company, that’s projecting an increase in market cap of at least 0.8 T PER YEAR going forward! Translate that into free cash flow, and you have a veritable torrent of profit in the years ahead.'
  • ben luna on Premarket: Apple is red - 'Liberal does not imply stupid or closed mindedness, rather the opposite. This is just click-bait for churnalism, with which the NYT has considerable experience.'
  • Joseph Bland on Premarket: Apple is red - 'Thanks, Rodney! Also, RSI, like forward P/E, doesn’t account for the increasing value per share over time from buybacks….'
  • Joseph Bland on Premarket: Apple is red - 'The Macalope had a scathing anti-AI article today, which only tangentially had anything to do with Apple, and had a more serious tone than I think i’ve ever seen for the column. Worth the read, IMO…. Excerpt From “Maybe Apple should delay Siri just a little longer” The Macalope Macworld https://apple.news/A76fnzSvVTJqTxM5H7qzjAg This material may be protected by copyright. “So weird that AI has an image problem. Just inexplicable. [Note: HUgE This brings the Macalope (finally) to an Apple-related point. For more than a year, people have been lambasting the company for making AI promises it didn’t deliver on, and, sure, it shouldn’t make promises it can’t keep. But maybe not delivering more AI into our lives is more of a feature than a bug.”'
  • Rodney Avilla on Premarket: Apple is red - 'RSI “ Above 70 is overbought” RSI is a technical analysis regarding change of stock price, and assumes there are no changes in the fundamentals of the Stock. However, regarding Apple, there have been some fundamental changes: Mac silicon being used for AI, Neo laptop, and a graduated (smart) Siri, and more to come (HomePod, foldable iPhone).'
  • Michael Goldfeder on Premarket: Apple is red - '@Robert: Great updates as always. Very much appreciate your portfolio expansion news. Best of success in your equities as you’re an extremely valued member of Apple 3.0. My Apple dividends have done well for me with AMD, Nvidia, and Marvell. I sold Marvell too soon but still quadrupled my initial investment. As they say: “You can’t go broke taking a profit. Happy investing to you and everyone else on PED’s Apple 3.0.'
  • Gregg Thurman on Premarket: Apple is red - 'A fool and his money are soon parted. Anybody acting on Tripp Mickle’s articles will be soon parted from their money.'
  • Robert Paul Leitao on Premarket: Apple is red - 'The major indexes remain in the red in early afternoon trading. Apple is now up $0.74 at $298.58. Micron tops the S&P 500 leaderboard. The shares are up 5.42% at $718.45. American Tower is also in the green. The shares are up 3.46% at $183.42. I’m looking for bargains in today’s trading…'
  • Robert Paul Leitao on Premarket: Apple is red - 'I picked up a small slice of NextEra this morning following yesterday’s drop following the announcement of the planned Dominion Energy. This may be the first of several mergers of regulated utilities and it provides a new way for investors to participate in the burgeoning AI trade and the growth in AI demand.'
  • Roger Schutte on Premarket: Apple is red - 'Apple dropped some more bits of Apple Intelligence this morning. If voice over can click on icons on your screen, so on device AI can, too. WWDC should be interesting. https://www.apple.com/newsroom/2026/05/apple-unveils-new-accessibility-features-and-updates-with-apple-intelligence/'
  • Joseph Bland on Premarket: Apple is red - 'Green AAPL’s this AM, closely passing the $300 mark, but with all three indexes in the red as I type. Volume shows 4.8 M trades @ 6:43 AM PDT. Looks like a $300 floor is developing….'
  • Joseph Bland on Premarket: Apple is red - 'Trip Mickle and the New York Times are trolls who thrive on generating knee-jerk-liberal click-bait, and have done so ever since the Mike Daisy fiasco. As a non-knee-jerk liberal (I hope!), it is beyond disconcerting to see a company and its leaders disparaged simply because they are successful.'
  • Joseph Bland on Premarket: Apple is red - 'Read this early this AM: Excerpt From “Define ‘Boom’ Please” Daring Fireball https://apple.news/A4Jq9eXvMO0W4rEKby-JumQ This material may be protected by copyright. “While I’m linking to pieces on Apple’s CEO transition, here’s an annoying tidbit from Tripp Mickle and Karl Russell’s piece for The New York Times, under the headline “Tim Cook Was Very, Very Good at Making Money” (gift link): “Even though it has largely missed out on the artificial intelligence boom now lifting the sales of its technology peers, the company’s profits and stock value continue to grow.” Which peers have had their “sales lifted” by AI? There’s Nvidia (now the most valuable company in the world). But Apple doesn’t compete directly with Nvidia. What makes Apple different from its peer companies isn’t that the others are profiting from AI while Apple is not, but rather that Apple, seemingly alone, is not funnelling its free cash flow to Nvidia to build out massive AI datacenters. Apple might wind up missing out on something huge as a result of its decision to stay out of this race. But it’s nonsense to say they’ve already missed out on a boom. To date it’s a money pit.  ★ ”'
  • Gregg Thurman on Premarket: Apple is red - '” Defective cores can be disabled, leaving a chip that still functions perfectly well to power different, often cheaper devices” What a huge nothing burger. Different versions of the same product always has different performance levels requiring components meeting those standards. Always. It’s smart, it’s efficient, and the consumer isn’t harmed. They got what was advertised and what they paid for. How the manufactured did it isn’t an issue. If what Apple did/is doing were inappropriate or illegal the regulators would be all over. The deal is that only a hack would think this is relevant, and only a Jack publication would publish it.'
  • Robert Paul Leitao on Premarket: Apple is red - 'I’m doing a little research on the NextEra Energy/Dominion merger. As one person mentioned, utilities are now an AI backdoor play. That’s the way I’ve been viewing utilities for a while. Utilities with their comparatively high dividends yields are finding new growth opportunities in the AI era.'
  • Steven Philips on Premarket: Apple is red - 'This isn’t really my game, but I’ll try to beat Joseph to it. Even though there was a drop, it wasn’t much considering how much it’s run up. And the relatively low volume seems to indicate not a lot of people are selling. Good Omen? (Not the show – which for some reason I don’t like.) OOPS! I missed Joseph’s earlier post. Sorry Joseph! 🙁'