Robinhood Traders. Apple Just Made a Massive iPhone Order

Apple has asked its suppliers to manufacture 75 million 5G iPhones in 2020. Analysts expect Apple to ship over 80 million iPhone models this year, despite the pandemic and global recession. The dominance of the firm in the wearables market in Q1 2020 raises the chances for a blockbuster Q4 performance. While the smartphone sector plummets after the pandemic, Apple is thriving. The demand for the firm’s flagship product iPhone is rising, signaling a strong fourth-quarter performance. Apple stock chart in the past three months. | Source: Yahoo Finance Apple…

PS5 Old-Gen Compatibility Confuses Ubisoft Into a U-Turn

Ubisoft support page published yesterday confirmed PS5 backward compatibility will only be available for PS4 games. The statement has since been removed, reigniting discussion about the exact backward compatibility capabilities of the next-gen console. Sony has not provided updates about backward compatibility for nearly six months despite promising regular news. Ubisoft has retracted a statement from a support page on its website that seemingly confirmed PS5 backward compatibility would not extend beyond PS4 to games released for Sony’s previous trio of consoles. The statement on a newly-minted support page offering…

The Biggest Issues for Marvel’s Avengers Won’t Be Microtransactions

The Avengers release date is imminent, and the content poses some cause for concern. Microtransactions, however, are not something to worry about. If anything, Avengers has one of the fairest microtransaction policies we’ve seen. Crystal Dynamics’ Marvel’s Avengers title releases later this week – or tonight for those who’ve pre-ordered the deluxe edition – and reception has been all across the board. Some think the title is soulless, while others are excited about a cooperative superhero romp. But content aside, many are worried about the game’s microtransactions. The Avengers Tackle Microtransactions…

Even a ‘Marriage’ to Loretta Lynn Won’t Make Kid Rock Relevant

Kid Rock “married” country music legend Loretta Lynn over the weekend. Lynn was called a “cougar” and the spectacle was called “tabloid fodder.” The rap-rocker-turned-Trump supporter is desperate for relevance, at this point. Kid Rock got married. Sort of. The 49-year-old patron saint of white trash “married” country music legend Loretta Lynn over the weekend. It was hailed as a “hillbilly soiree,” but it feels more like a desperate grasp for attention. Kid Rock Is Chasing Clicks Unable to get headlines for legitimate reasons like “making music,” or — better…

Should Marcus Morris Be Suspended for His Hits on Luka Doncic?

Marcus Morris punched Luka Doncic several times in one play on Sunday night. In the previous game, he stepped on Doncic’s bad ankle. Given Morris’ history of foul play, his punishment should reflect his attitude: it should be bad. Marcus Morris should’ve been a boxer. He clearly wants to fight at every available opportunity. What’s worse, you can make the argument that he wants to hurt people—like Luka Doncic. In back-to-back games, Morris levied dangerous hits against the Mavericks young star. And it’s far from the first time Morris has…

The Stock Market Is Best Shorted on These Three Upcoming Dates

Stocks are coming up on their most tumultuous time of the year. The election will likely add additional volatility. Three upcoming periods bode well for shorting the market. The stock market continues upward yet again. Retail traders, fueled by companies announcing share splits, are taking the market to record territory. Yet for those new traders, there may be big trouble ahead: We’re getting into the most challenging part of the year for investing. The Calendar Warns of Stock Market Danger Ahead When most traders think of big bear markets, they…

Dow Falls 220 Points as Apple Stock Loses Control After Split

The Dow Jones fell 220 points on Monday. Apple’s stock split sparked a 4.5% surge in its shares, but it is no longer the most heavily weighted stock in the Dow. Can the Dow keep rallying without APPL leading the way? The Dow Jones fell to start the week, as Apple’s (NASDAQ:AAPL) stock split takes away the main driver behind the months-long rally. As investors remain optimistic about the outlook for interest rates and progress towards a vaccine, Dow bulls will hope that losing APPL’s leadership doesn’t mark a trend…

Lesson of the Day: Never Mess With Sade

Iconic R&B singer Sade was trending today. People claimed that she was no better than current R&B singer Jhené Aiko because they’re both light-skinned. The stars came out to check the young Twitter users for reducing an all-time great singer down to her skin color. Sade is a line. If you cross it, you will face the music. And it won’t be the sweet & soothing that kind you’re used to from Sade. Twitter users learned that lesson the hard way today when they tried to diminish the soul singer’s…

Jacksonville Jaguars Aren’t Even Hiding Their Trevor Lawrence Thirst

Jacksonville is talent-poor after parting ways with Leonard Fournette and Yannick Ngakoue in less than 24 hours. The Jaguars already appear to be tanking for Trevor Lawrence in 2021. Gardner Minshew won’t be the quarterback of the future with a supporting cast this weak. Trevor Lawrence should start getting used to the idea of playing for the Jacksonville Jaguars. The Jags are making it obvious they’re tanking the 2020 NFL season for the No. 1 pick in next year’s draft. There are not many other ways to interpret waiving running…

The S&P 500 Needs 5 Components For Sustainable Rally—But 2 Are Missing

Economist David Rosenberg said in a recent interview that the S&P 500 rally lacks fundamentals and valuations. Fed-induced liquidity and risk-taking investors are fueling the ongoing rally. A key metric has hit near zero for the first time since the dot-com bubble in early 2000. The S&P 500 Index has soared 56.8% since the March 23 bottom. Now, economists are becoming cautious as fundamentals struggle to support the ongoing rally. The performance of the S&P 500 Index over the past 12 months. | Source: Yahoo Finance Speaking on Palisade Radio,…