Market Mad House

In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche

Apple Stock

My Thoughts

Momentum for Stocks

Many of today’s market rock stars, including Google (NASDAQ: GOOGLE), Amazon (NYSE: AMZN), (Netflix: NASDAQ: NFLX), Apple Inc. (NASDAQ: AAPL) and Costco Wholesale (NASDAQ: COST), are momentum stocks. The theory driving these stocks is that the new markets these companies create are capable of generating unlimited growth.

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Politics

How Digital Wallets Could Help the Poor and Reduce the Cost of Government

Since most poor people have or could easily buy a smartphone, the government could simply disperse the aid to an app such as Venmo or Apple Pay. This would eliminate the paperwork, and it could be used to greatly reduce the bureaucracy.

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Long Ideas

Where Is Apple Pay Actually Accepted?

Finding a store that takes Apple Pay may only be half the battle because a lot of banks don’t support the app yet. To make matters worse, banks appear to be very selective about which of their accounts support Apple Pay and which don’t. Some banks allow it for credit and debit cards, while others do not.

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Long Ideas

Same-Day Delivery War Heats Up

The same-day delivery war will be won by the company willing to stick it out, invest money, and spend several years slowly building up and rolling out its service. In that time, we’re liable to see consolidation and alliances Walmart or Amazon.com teaming up with Google Express, or Google contracting with Kroger or Uber to provide deliveries.

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My Thoughts

Are Digital Wallets a Threat to Banks?

The threat to banks is best shown by PayPal’s growth rate. PayPal’s mobile payment volume increased by 72% between the third quarters of 2013 and 2014, growing to $12 billion. Mobile payments now make up 20% of PayPal’s payments. Venmo, a mobile payment App offered by PayPal subsidiary Braintree, saw its payment volume grow by 50% between the third quarters of 2013 and 2014.

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Long Ideas

Is PayPal’s Venmo the Bank Killer App?

In a recent Bloomberg interview, Ready makes Venmo and Braintree sound like a sort of Google for financial transactions. That is an open sourced platform through which a wide variety of transactions are made. The difference is that Braintree’s transactions are financial.

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Good Stocks

MasterCard’s Latest Product Demonstrates Apple Pay’s Threat to Credit Cards

The Zwipe experiment shows that MasterCard is worried about security, in particular high profile data thefts like those at Target (NYSE: TGT) and Home Depot (NYSE: HD). The card provider is scared that customers will prefer the higher level of security offered by Apple Pay, which can be secured by a fingerprint scanner.

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