Massive L for Apple."New" iPhone 14: Basically, same shit different year.Still same design.Still the same A15 chipset (read: no performance improvement).Still a low-refresh 60Hz non-4K display.Still no USB-C.Still no fingerprint reader.Still no headphone jack.Still no expandable storage.Still no front-firing stereo speakers.And they actually made the Pro models worse by having that front-facing camera island so far into the screen that it disrupts content-viewing more than the notch.And the base non-Pro, non-Plus iPhone 14 with 512GB of storage (which is the minimum requirement for me in 2022) costs $1800 SGD.Absolute joke.How stupid does Apple think their fanboys are?If you're looking to buy an iPhone, go with the discounted iPhone 12 or 13 lineup, or wait another year for the 15.
I'm holding all the shares in my portfolio, which is 85% in the American market. I will buy Puts if or when the $SPY hits $395 to hedge. I will start dollar cost averaging into $SPY if or when it hits $335. I see the $SPY easily going down to $320 in the coming months.As for the Hong Kong market, I think it's safe to dollar cost average into good stocks like Bank of China or even the broader Hang Seng Index ETF right now.My strategy has so far outperformed the NASDAQ by 39% even though I only started trading in October last year, close to the peak of the stock market, so I would like to think I know what I'm doing.
$Tesla Motors(TSLA)$ I've said it before and I'll say it again, anything above $650 is a shorting signal. My opinion is that Tesla should be worth $400 or below per share. It's a massive speculative bubble.
I believe it is possible and probable that the HSI goes lower. However, I believe that even at current prices, the HSI and most Hong Kong stocks are trading at fair value. My strategy for investing into the Hong Kong market is simple - start dollar cost averaging into the index at current levels. No point waiting. You will most likely come out tops in the long run (5-10 years).
This is all the Fed's own doing. They are way behind the curve in increasing interest rates and quantitative tightening. This is the consequence of printing so much money and kicking the can down the road. The Fed is failing in its mandate to control inflation and succeeding in its secret mandate of keeping asset prices high to benefit the rich.
Powell Says Fed Has Resolve to Bring U.S. Inflation Down
Lol 22x forward PE is still overvalued. The entire market was overpriced for the past 5 years, so saying the average in that period was 24x means nothing. I will only buy when PE is 20 or under.
LOL @ all the delusional people in the comments. Yall clearly haven't been through a financial crisis and it shows. Naively overconfident on the stock market with its insane multiples.
How The S&P 500 Could See 4,500 And 3,000 By Year-End