To The Moon

Recently, we have all heard the news about the price reduction of the iPhone 14 Pro series in China, and some media also pointed out that it may have an impact on Apple’s supply chain. But we might as well look at this matter from another angle: whether consumption power is gradually declining.

China has already unblocked, and there should be retaliatory consumption. However, even the iPhone, which has relatively strong demand, has begun to cut prices, which not only reflects the fatigue of demand, but also reflects that brand merchants are not optimistic about the recovery of consumption power.

In addition, potential risks cannot be ignored. Almost all consumer electronics industries predict that performance in the second half of the year will recover naturally with seasonal effects. Many analysts assume that profits in Q3 and Q4 will return to past peak levels when predicting the company's annual profits. However, if China is like other countries, consumption after unblocking is mainly invested in the service industry, catering industry, and tourism industry, then it may be too optimistic to expect consumption power or performance to recover quickly, or the time to clear warehouses to end earlier , and even this year's profit forecast has more room for downward revision.

I don't want to say negative things, but in the process of the stock market rebound, we should avoid being affected by all kinds of good news, and buying an insurance for ourselves is not entirely a bad thing....

This is why I am holding on to $Apple(AAPL)$ 

$Tesla Motors(TSLA)$ $Semiconductor Bull 3X Shares(SOXL)$ $Nasdaq100 Bull 3X ETF(TQQQ)$ 

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