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Obamination

Obamination
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  • Apple's Momentum Is Shifting [View article]
    I am a little surprised that so many have disagreed with what I wrote.

    I simply was saying that AAPL sales popped a bit in the short run due to Job's death and that the amount of this pop could not be easily calculated. I think most people would agree with this.

    I then was saying that Job's actual passing was a negative thing for AAPL in the longer term. I was not saying that the short term pop in sales his death helped stimulate was a bad thing. Again I would think that most would agree that the passing of a genius like Steve Jobs is not a long term positive for AAPL.

    The only thing that I said that I thought people would take issue with is the fact that I thought Job's death helped contribute to the recent rally in the stock market. I mentioned that I knew I was likely standing alone on this idea and humbly accept all different opinions.
    Oct 15 09:54 AM | Likes Like |Link to Comment
  • Apple's Momentum Is Shifting [View article]
    No it wasn't that they wanted to specifically show respect, but Job's passing the day after new phone was released definitely contributed to bring even more attention to the release and therefore lead to an increase in sales. I am curious do you believe that his death didn't give initial sales somewhat of a boost?
    Oct 14 05:34 PM | Likes Like |Link to Comment
  • Apple's Momentum Is Shifting [View article]
    Common sense makes me certain, I am sure there was a boost to sales but of course the exact boost cannot be quantified. Not saying AAPL is not a great company just that initial sales were boosted by Job's death. That is all.
    Oct 14 03:38 PM | Likes Like |Link to Comment
  • Apple's Momentum Is Shifting [View article]
    I am sorry you can argue that AAPL is going to continue to perform very well, but you can't argue that the attention from Job's death didn't just boost sales. That kind of event attracts attention that boosts sales, remember when O.J. took us on a slow speed chase in a White Bronco, guess what White Bronco sales surged immediately after.
    I also think its funny that you argue that institutional investors don't make moves based on sentiment, but then quickly acknowledge that they do.
    Look I am not saying that AAPL is not a great company, just suggesting that they actually gained in the short run on Job's death which I think most would agree is a bit of a hit to AAPL longer term.
    Oct 14 01:54 PM | Likes Like |Link to Comment
  • Apple's Momentum Is Shifting [View article]
    This article also doesn't address Steve Jobs passing. While there is no way to quantify how many more 4S phones were sold early due to the incredible amount of extra attention that was brought to AAPL after his death, I am certain it was a short term catalyst that boosted sales considerably and is a one-time event that can never be duplicated. While I may be alone on this I do believe the timing of Jobs death has contributed to the overall rally of the past 2 weeks.
    Oct 14 01:10 PM | 2 Likes Like |Link to Comment
  • The GOP leadership has delivered a letter to Ben Bernanke in advance of the FOMC policy statement tomorrow, urging him to back off any more easing moves. "We have serious concerns that further intervention by the Fed could exacerbate current problems or further harm the U.S. economy," the letter states. "The American economy should be driven by consumer confidence and worker innovation... not central-bank policy."  [View news story]
    What they are really saying is they would rather we stopped kicking the can down the road and took the hit before the Presidential election as to make it tougher for Obama to be reelected.
    Sep 20 07:19 PM | 8 Likes Like |Link to Comment
  • The volatility of August appears to be creeping into September, which doesn't bode well for micro-focused value investors, according to Cullen Roche. You have to be able to respond to the macro environment, he says. Continually high levels of asset correlation, along with another dose of negative global-macro pressure will likely push the "bottoms-up" value traditionalists near their breaking point.  [View news story]
    Naked shorting is the problem, fix this issue and markets will be much healthier.
    Sep 2 07:44 PM | 2 Likes Like |Link to Comment
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