Points the nasdaq dipped only. 1 some of these patterns are so pronounced algorithm buying all sorts of stocks i have never been a huge fan of these algorithm. There are plenty of patterns that are visible to the inconsistent eyes. On most days you can spot them before the machines do when you see them, you have to pounce let me give you some examples. Lets start with apple for years you can speak along with me. I am telling you to own it, dont trade it today was a perfect example of what i am talking about. This is a fantastic company and cheap stock. There is no need to get cute there are some days you can buy apple at a lower level days like today, apple unveiled their new iphone the experts described it and they used the most damming words in the english language, incremental. That makes it sounds like nothing special. Thats what they says about nearly every new iphone for years. What happens when theyre in the stores and people buy them i got the special apple. I got to tell you.
Years. And lots to come on the show. Two big ceo interviews on the back of earnings in a few minutes well speck to the owner of Outback Steakhouse blooking brands and later the ceo of boston beer will join us that stock surging after the truly hard seltzer brand helped boost sales. Looking forward to both of those interviews were down. 6 lets get to the big stories were watching meg tirell has more on the signing. And mike san totoli is joining s meg, let aers start with youen that executive order news. Hi. Drug pricing hasnt been in the conversation as much this year as the drug industry has been racing to develop vaccines and drugs for covid19 but the president reportedly planning to sign an executive order with a few different aspects on drug price this is afternoon. One could be allowing importation of drugs from canada where theyre price moored cheaply. Another could focus on tying prices to basket of prices from other wealthy countries. And a third could focus on providing free i
Portraying hysteria and shortage of stock creating a state of positive feedback yeah theres a shortage of stuff perceived shortage and people get you know black friday they rush the stores and they get into a fist fights and brawls and its like an american thing and amazingly its like migrated to the rest of the world even though these other countries dont have to its giving even though that they dont have these big box discounters they still like to go to the store and beat each other up because they figure thats like being an american they get a hamburger from mcdonalds you beat each other up on black friday and hes saying the National Anthem i mean america is the culture that people love and were going to get into this comparing this to robin hood app traders but you know i want to show you what i bought in black friday and that was a mini max it did sit on the shelf for quite a while but most people didnt realize many macs actually stood in for you for a few episodes during lockdow
Mock out again and you know this is the standard style a very stylish and moscow to wear your own jumped up you know they were this even over 30 below 0 you can you can be made from the forehead down if you have your in shock on if you like your miami beach right is the amazing Russian Technology there so i know i did almost forgot here this is a 2 can i got also on the sale simply because i thought it would be a good friend for plucky you know plucky lonely a lot of times hes a manic depressive isnt it so i get him a nice 2 can like this you can have fun plucky the point is that one participates in one of these shopping stampedes and pretty much you put the stuff on the shelf and never use it again but you feel better because you got a 50 Percent Discount well you know a lot of robin hood traders look at the markets and think theyre getting 50 or 60 or 70 or 90 percent just. Counts when a company on the verge of bankruptcy their shares collapsing like wow a 90 Percent Discount before
Rush the stores and they get into a fist fights and brawls and its like an american thing and amazingly its like migrated to the rest of the world even though these other countries dont have to its giving even though that they dont have these big box discounters they still like to go to the store and beat each other up because they figure thats like being an american they get a hamburger from mcdonalds you beat each other up on black friday and hes saying the National Anthem i mean america is the culture that people love and were going to get into this comparing this to robin hood app traders but you know i want to show you what i bought in black friday and that was a mini max it did sit on the shelf for quite a while but most people didnt realize many macs actually stood in for you for a few episodes during lockdown and nobody even noticed so it was worth the 599. 00 not 599. 00 but 5. 99 i paid for this many macs know that outsold elf on a shelf for 3 christmases i wrote before chris