Apple Releases a $399 iPhone!
Investors are perplexed by the timing, but CEO Tim Cook always has a plan! Meet the new iPhone SE, the “Stimulus Edition!” Mid-crisis, how many Americans will splash their $1,200 aid check on this phone?
There’s no OLED screen. The camera isn’t that great, you won’t be able to unlock the home screen with your face, and there ain’t much storage, but that’s not the point. The new iPhone SE is smaller, lighter, cheaper, and it hits back at accusations that Apple has lost touch with the casual consumer. This is something you can buy for your old man, with Apple TV+ streaming bundled in!
Apple’s game plan is simple. The tech giant is firing a bullet today so that it can launch a cannonball tomorrow. This will be a holdover phone. It will be something to keep the sheeple interested so they don’t forget about Apple and are eager to buy its upcoming 5G-ready, thousand-dollar gold-plated iPhones when the economy recovers.
Apple has one of the highest successful trade scores in the Invstr game, 70%. Prior to this new release, the stock had been ping-ponging between sentiment.
On the one hand, it’s a cyclical, consumer-facing luxury tech firm. It’s hardly recession-proof. However, it’s also fundamentally sound with awesome competitive advantages and a solid balance sheet. Only ten percent of the community is bearish, but even for non-Apple investors, this new iPhone release is still meaningful.
It indicates that East Asian supply chains are now post-corona, well-oiled and ready. Sales will be a useful bellwether for consumer confidence as well, because if a mega-brand like Apple can’t shift units, no one can, and a big hit, while competitors are on pause, could force them back to work sooner. It’s a risk, but only a bullet, not a cannonball. Do you approve?
Staying Bust During Market Closures
Anyone out there? American markets took the day off on Good Friday, as did many exchanges around the world on Easter Monday. With no action on the indices, what’s a trader to do?
Well, out goes the noise. There are no momentary mega-risers or flash crashing mega-fallers to distract you from your investing analyses. Some will hit the Invstr feed with hot topics and questions, how long the rally will run. Others will unplug completely, crunch numbers in silence, and return to markets with conviction next week. One thing’s for certain, now’s the time to extend an advantage over market rivals.
Investing is not a zero-sum game, there’s plenty dollar to go round. However, to make more than the average investor, you need an ‘edge’ that the average investor doesn’t have. You need to know something he or she doesn’t know. You need a stronger gut, more practice, experience, and you need to work harder flat-out.
Most buyers and sellers are active between 9:30 a.m. and 4.00 p.m., official trading hours on the New York Stock Exchange. Others start at 8:00 a.m., catching pre-market, and they don’t go home until the bulk of after-market moves are made at 6.30 p.m. Commendable, but what if they took it a step further.
What if they didn’t take leave on days like today, studied companies at night, and traded them during the day? What if they took investing as seriously as athletes take their training? It won’t matter what your rivals do in the pre-market if they’re already ten years behind you. Down to business!
