Goog msft and sbux all crapping on earnings and red in after hours.. Stockmarket valuations overall right now in a clearly slow growth world at best plain silly..
good luck busting through 45 on oil chop.. Very hard to see this market making new highs anytime soon.. And don't see how oil gonna break 45 without a continued market rally.. Oil Needs more time still to work through the glut + weak economy in general.. Before the bull returns IMO
good luck busting through 45 on oil chop.. Very hard to see this market making new highs anytime soon.. And don't see how oil gonna break 45 without a continued market rally.. Oil Needs more time still to work through the glut + weak economy in general.. Before the bull returns IMO
Netflix about to lose a ton of movie selections this month and Amazon is breathing down their neck. Stock got hammered a few days ago, seems like Amazon might just dominate that space.
Netflix is embedded in online streaming so far but it isn't too late for that industry to go to Amazon, seems like their product is just going to be way better. Next step is to start producing content at the level that Netflix is. Just another reason to love Amazon long-term.
Netflix is embedded in online streaming so far but it isn't too late for that industry to go to Amazon, seems like their product is just going to be way better. Next step is to start producing content at the level that Netflix is. Just another reason to love Amazon long-term.
I'm still waiting for the big bear to come to gobble me some Amzn in the 300s might be waiting forever lmao...
nflx likely hooks up with somebody soon/eventually ? Is who.. Disney? Apple? Who knows but seems like a matter of when not if..
im a customer of both nflx and Amzn programming wise/original content wise so far Netflix kicking their ass as far as quality
nflx likely hooks up with somebody soon/eventually ? Is who.. Disney? Apple? Who knows but seems like a matter of when not if..
im a customer of both nflx and Amzn programming wise/original content wise so far Netflix kicking their ass as far as quality
Valuation concerns are even more stark if you look at net income instead of earnings per share. Believe it or not, the 30 members of the Dow are projected to earn less in net income this year than they did in 2011, according to an analysis by JonesTrading. Yet the Dow's combined market cap has surged more than 40% since 2011.
"It can't be good paying 2016 prices for 2011 fundamentals," Mike O'Rourke, chief market strategist at JonesTrading, wrote in a report.
The findings highlight the role of financial engineering. When corporations borrow billions of dollars to buy back their own stock, they are effectively reducing their own share count. That doesn't help net income but does boost earnings per share, the standard metric investors use.
But as Gayeski points out: "You can't manufacture earnings out of thin air forever in a very slow growth environment."
http://money.cnn.com/2016/04/22/investing/us-stocks-expensive-valuations/
"It can't be good paying 2016 prices for 2011 fundamentals," Mike O'Rourke, chief market strategist at JonesTrading, wrote in a report.
The findings highlight the role of financial engineering. When corporations borrow billions of dollars to buy back their own stock, they are effectively reducing their own share count. That doesn't help net income but does boost earnings per share, the standard metric investors use.
But as Gayeski points out: "You can't manufacture earnings out of thin air forever in a very slow growth environment."
http://money.cnn.com/2016/04/22/investing/us-stocks-expensive-valuations/
I have both and use both Amazon really needs to rid the format of the PPV content .
The prime needs to be fully prime and not mix the payed content with the free streaming content.
They also have a lot of stuff like the first 3 seasons of a tv show free but the last 2 seasons are PPV . Honestly that's bullshit if you ask me.
Im not going to waste my time watching the 3 free seasons if I have to pay for the other 2.
Another thing that have to do is make an app for Apple TV. At first I thought it was apple blocking them but come to find out it was amazons call not I have an Apple TV app.
The reason is is Apple will not allow Amazon to mix the PPV content with the prime content.
Amazon will never overtake NFLX unless they separate the 2 businesses.
But as far as content yes AMZN is right there. They have almost the entire HBO original content catalog. That's a big get.
You know this opinion may not be popular or even correct but in somethings I think monopolies can be a good thing for the consumer and in the case of video streaming I think that may be the case because now these companies are going to start getting into all these exclusive content wars.
Whats going to end up happening is you are going to have to start buying every single service to get everything you want.
Its the same thing that's happened to the video game console war between Microsoft, Sony, and Nintendo. I'm not a very big video game guy so it don't effect me but I know people who own all 3 video game systems because it's the only way they can get to play all the games they want to play because of all the exclusive deals.
Now I already had Amazon video by default due to the free shipping thing but I can see they say where the content gets so fragmented between Netflix, Amazon, and Hulu to where you will need a monthly subscription to all 3 in order to watch everything you want to watch.
This is also beginning to happen with music streaming.
Taylor Swift for example can only be heard on apples streaming service so you can't listen to her on Spotify. Then Spotify turns around and signs another big star exclusively that you can't stream on Apple and it just goes round and round and round over and over again to where at the end of the day you have to subscribe to all the streaming services to get what you want.
I would much rather 1 dominate service where you can get everything you want in one place but it don't look like that's where this is heading
Whats going to end up happening is you are going to have to start buying every single service to get everything you want.
Its the same thing that's happened to the video game console war between Microsoft, Sony, and Nintendo. I'm not a very big video game guy so it don't effect me but I know people who own all 3 video game systems because it's the only way they can get to play all the games they want to play because of all the exclusive deals.
Now I already had Amazon video by default due to the free shipping thing but I can see they say where the content gets so fragmented between Netflix, Amazon, and Hulu to where you will need a monthly subscription to all 3 in order to watch everything you want to watch.
This is also beginning to happen with music streaming.
Taylor Swift for example can only be heard on apples streaming service so you can't listen to her on Spotify. Then Spotify turns around and signs another big star exclusively that you can't stream on Apple and it just goes round and round and round over and over again to where at the end of the day you have to subscribe to all the streaming services to get what you want.
I would much rather 1 dominate service where you can get everything you want in one place but it don't look like that's where this is heading
Fracking releases methane gas in huge quantities, and methane contributes more to global warming than CO2
This guy set his local river on fire with a kitchen lighter
This guy set his local river on fire with a kitchen lighter
[h=1]Apple Car Unlikely to See Showroom Floor, Edison's Windsor Says[/h]Apple Inc. will never introduce a branded, self-driving car, according to Richard Windsor, an analyst at Edison Investment Research, because it would never be as profitable as the company’s gadgets now are.
Selling automobiles would be “catastrophic” for Apple’s valuation, Windsor said, as the margins are nowhere near the 40 percent gross profit margins Apple earns on the iPhones, iPads and other products. Since carmakers sometimes make no money on the vehicles they sell, earning profits instead from the financing they provide to customers, Windsor said that such margins on a car, even one with an Apple badge, look hopelessly unobtainable.
“How can you make 40 percent gross margins on pressed steel, wheels, brake pads and seats when the others who are buying all these things in much greater volume can’t do it?” Windsor said in an interview. “It’s just not feasible.”
As a result, Windsor said an Apple car would never enter commercial production. Apple did not respond to a request to comment on Windsor’s remarks. The Cupertino, California-based company has never confirmed that it is indeed building a car, though it has been putting together a team, including recruiting engineers and experts in battery and robotics technology, to work on the project. An online publication, Electrek, reported last week that Apple had hired a former engineer from Tesla Motors Inc. to work on “special projects” related to its electric car initiative.
Windsor said that while he has no doubt Apple is trying to build cars, including a self-driving model, he believes it’s doing so primarily as a way to learn about the evolving auto industry and how its existing suite of “infotainment” products - and the valuable data they gather about users -- can be integrated into cars.
Windsor compared Apple’s foray into cars to its earlier flirtation with large-screen televisions, another product Apple experimented with but never launched.
Citing recent media reports that German carmakers BMW AG and Daimler AG had ended discussions with Apple over creating an electric car to be called the "iCar," Windsor said Apple was finding building a car on its own difficult, given its lack of experience in the field.
“This is why we think Apple turned to BMW and Daimler,” Windsor said. “However, both of these companies have realized how important the data the vehicle generates is and consequently refused to allow Apple to store it in the iCloud.”
Apple is likely now turning to contract manufacturers to work on its car project, which has reportedly been dubbed Project Titan within the company, Windsor said.
Apple might be able to earn high profit margins by commercializing the user data generated by people while driving, Windsor said. Car companies want to own this data and potential profit stream themselves, making it unlikely they will allow Apple a central role in their cars. As a result, Apple might be forced to go it alone in building a car - an effort in which it was likely to struggle, Windsor said.
“They don’t have the DNA of a carmaker,” he said. “We think that Apple’s future in the automotive market is very uncertain as both avenues of earning a return through selling hardware look like dead ends.”
Windsor’s comments came ahead of Apple’s earnings second quarter earnings announcement after the close of trading in New York Tuesday.
Selling automobiles would be “catastrophic” for Apple’s valuation, Windsor said, as the margins are nowhere near the 40 percent gross profit margins Apple earns on the iPhones, iPads and other products. Since carmakers sometimes make no money on the vehicles they sell, earning profits instead from the financing they provide to customers, Windsor said that such margins on a car, even one with an Apple badge, look hopelessly unobtainable.
“How can you make 40 percent gross margins on pressed steel, wheels, brake pads and seats when the others who are buying all these things in much greater volume can’t do it?” Windsor said in an interview. “It’s just not feasible.”
As a result, Windsor said an Apple car would never enter commercial production. Apple did not respond to a request to comment on Windsor’s remarks. The Cupertino, California-based company has never confirmed that it is indeed building a car, though it has been putting together a team, including recruiting engineers and experts in battery and robotics technology, to work on the project. An online publication, Electrek, reported last week that Apple had hired a former engineer from Tesla Motors Inc. to work on “special projects” related to its electric car initiative.
Windsor said that while he has no doubt Apple is trying to build cars, including a self-driving model, he believes it’s doing so primarily as a way to learn about the evolving auto industry and how its existing suite of “infotainment” products - and the valuable data they gather about users -- can be integrated into cars.
Windsor compared Apple’s foray into cars to its earlier flirtation with large-screen televisions, another product Apple experimented with but never launched.
Citing recent media reports that German carmakers BMW AG and Daimler AG had ended discussions with Apple over creating an electric car to be called the "iCar," Windsor said Apple was finding building a car on its own difficult, given its lack of experience in the field.
“This is why we think Apple turned to BMW and Daimler,” Windsor said. “However, both of these companies have realized how important the data the vehicle generates is and consequently refused to allow Apple to store it in the iCloud.”
Apple is likely now turning to contract manufacturers to work on its car project, which has reportedly been dubbed Project Titan within the company, Windsor said.
Apple might be able to earn high profit margins by commercializing the user data generated by people while driving, Windsor said. Car companies want to own this data and potential profit stream themselves, making it unlikely they will allow Apple a central role in their cars. As a result, Apple might be forced to go it alone in building a car - an effort in which it was likely to struggle, Windsor said.
“They don’t have the DNA of a carmaker,” he said. “We think that Apple’s future in the automotive market is very uncertain as both avenues of earning a return through selling hardware look like dead ends.”
Windsor’s comments came ahead of Apple’s earnings second quarter earnings announcement after the close of trading in New York Tuesday.
Time for the fed to shock and awe with negative rates!! Must bubble equities to new highs or busto!!
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[h=1]Consumer Confidence Stagnant Since The End Of QE3 As Wage Growth Hopes Fade[/h]We're gonna need more money-printing.Consumer Confidence dropped in April to 94.2, missing expectations of 95.8 and hovering at its lowest in 2 years. In fact, the current level is relatively unchanged since the end of QE3, despite all the recent surges in stocks as the post-2009 94% correlation between the S&P 500 and confidence is breaking down rapidly and ruining The Fed's animal spirits' party. Most crucially, income growth expectations are tumbling as The Conference Board suggests American consumers "do not foresee any pickup in momentum."
h/t @GreekFire
“Consumer confidence continued on its sideways path, posting a slight decline in April, following a modest gain in March,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions improved, suggesting no slowing in economic growth. However, their expectations regarding the short-term have moderated, suggesting they do not foresee any pickup in momentum.”
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[h=1]Consumer Confidence Stagnant Since The End Of QE3 As Wage Growth Hopes Fade[/h]We're gonna need more money-printing.Consumer Confidence dropped in April to 94.2, missing expectations of 95.8 and hovering at its lowest in 2 years. In fact, the current level is relatively unchanged since the end of QE3, despite all the recent surges in stocks as the post-2009 94% correlation between the S&P 500 and confidence is breaking down rapidly and ruining The Fed's animal spirits' party. Most crucially, income growth expectations are tumbling as The Conference Board suggests American consumers "do not foresee any pickup in momentum."
h/t @GreekFire
“Consumer confidence continued on its sideways path, posting a slight decline in April, following a modest gain in March,” said Lynn Franco, Director of Economic Indicators at The Conference Board. “Consumers’ assessment of current conditions improved, suggesting no slowing in economic growth. However, their expectations regarding the short-term have moderated, suggesting they do not foresee any pickup in momentum.”
Consumers’ appraisal of current conditions improved somewhat in April. Those saying business conditions are “good” decreased from 24.9 percent to 23.2 percent.However, those saying business conditions are “bad” also declined, from 19.2 percent to 18.1 percent. Consumers’ appraisal of the labor market was also mixed. Those claiming jobs are “plentiful” decreased from 25.4 percent to 24.1 percent, however those claiming jobs are “hard to get” also declined from 25.2 percent to 22.7 percent.
Consumers were less optimistic about the short-term outlook in April than last month. The percentage of consumers expecting business conditions to improve over the next six months decreased from 14.7 percent to 13.4 percent, while those expecting business conditions to worsen rose to 11.0 percent from 9.5 percent.
Consumers’ outlook for the labor market was also less favorable. Those anticipating more jobs in the months ahead decreased slightly from 13.0 percent to 12.2 percent, while those anticipating fewer jobs edged up from 16.3 percent to 17.2 percent. The proportion of consumers expecting their incomes to increase declined from 16.9 percent to 15.9 percent;however, the proportion expecting a reduction in income also declined, from 12.3 percent to 11.2 percent.
Consumers were less optimistic about the short-term outlook in April than last month. The percentage of consumers expecting business conditions to improve over the next six months decreased from 14.7 percent to 13.4 percent, while those expecting business conditions to worsen rose to 11.0 percent from 9.5 percent.
Consumers’ outlook for the labor market was also less favorable. Those anticipating more jobs in the months ahead decreased slightly from 13.0 percent to 12.2 percent, while those anticipating fewer jobs edged up from 16.3 percent to 17.2 percent. The proportion of consumers expecting their incomes to increase declined from 16.9 percent to 15.9 percent;however, the proportion expecting a reduction in income also declined, from 12.3 percent to 11.2 percent.
AAPL laid a turd .. Back below 100.. They need to buy Netflix to make a big splash in media space IMO... Plus with Netflix you'd get they brains of the guy that built it from ground up.. They need to do something iPhone iterations to infinity won't cut it... And having cook mba corporate shill no vision at helm don't help either..
“Our team executed extremely well in the face of strong macroeconomic headwinds,” Apple CEO Tim Cook, said.
kneeslapper of the day.. Has nothing to do with macroeconomics.. Has everything to do you need to continuously invent or die in tech land.. Stupid watches and increasingly useless upgrades not gonna cut it.. Last cycle everybody upgraded cause they were sick of the small size.. Iphone7 will likely be a dud in compaison., No need to upgrade anymore until phone is old/dead for whatever reason.. Plus Samsung breathing down your neck to boot..
kneeslapper of the day.. Has nothing to do with macroeconomics.. Has everything to do you need to continuously invent or die in tech land.. Stupid watches and increasingly useless upgrades not gonna cut it.. Last cycle everybody upgraded cause they were sick of the small size.. Iphone7 will likely be a dud in compaison., No need to upgrade anymore until phone is old/dead for whatever reason.. Plus Samsung breathing down your neck to boot..
Very few like musk anymore.. Dreaming big .. Thinking forward.. Seems to actually care about the plight of mankind and not a sociopath.. Not scared of failure and inspring others
most at the top of the pyramid nowadays are sociopaths by nature hard to get there without being one ...
Also Once corporations get huge most that run the ship just drones trained by the book to worry about quarter to quarter results and do anything possible to make Wall Street and estimates happy... Right now they are taking on lotsa debt to buyback stock to fluff numbers.. Lots of merger and acquisition activity to grow larger to build synergies and axe worker bees... The Worker bees constantly have to deal with budget limitations, the fiscal cycles for funding, and are increasingly asked to do more as jobs are slashed to make numbers etc... Like most things today everything is so short sightedness with little though for the future..
most at the top of the pyramid nowadays are sociopaths by nature hard to get there without being one ...
Also Once corporations get huge most that run the ship just drones trained by the book to worry about quarter to quarter results and do anything possible to make Wall Street and estimates happy... Right now they are taking on lotsa debt to buyback stock to fluff numbers.. Lots of merger and acquisition activity to grow larger to build synergies and axe worker bees... The Worker bees constantly have to deal with budget limitations, the fiscal cycles for funding, and are increasingly asked to do more as jobs are slashed to make numbers etc... Like most things today everything is so short sightedness with little though for the future..
