The Apple on Your Eyes

Allegedly, ZuckerFaceBerg has soiled undies thanks to Apple's newest toy. [The Rude Awakening] February 02, 2024 [WEBSITE]( | [UNSUBSCRIBE]( The Apple on Your Eyes [Sean Ring] SEAN RING Take a bow, Dennis Miller. Your prophetic comedy is about to come to fruition. Sometime last century - I’ll wager the early 90s, but I can’t be sure - the [genius comedian sarkily cranked out this joke]( Television technology continues to grow by leaps and bounds. Scientists estimate by the end of the century, via the means of virtual reality, a man will be able to simulate making love to any woman he wants to through his television set. You know, folks, the day an unemployed iron worker can lay in his Barcalounger with a Fosters in one hand and a channel flicker in the other and f*ck Claudia Schiffer for 1995. It’s going to make crack look like Sanka. We’re nearly a quarterway into the next century, but who’s counting? The Beginning of the Beginning It’s no hyperbole to assume today begins a new age in computing. [Rude Awakening] The first step into a larger world. Credit: [Apple]( The Apple Vision Pro, Apple's entry into the mixed reality space, is anticipated to impact the market significantly for several reasons. While specific outcomes will depend on its adoption, we can speculate on several fronts based on what's known about Apple's strategies and the tech industry's dynamics: Innovation and Technology Push: Apple is known for innovating and refining technology, often setting new standards for user experience and device capabilities. The Vision Pro will likely introduce cutting-edge features and optimizations in mixed reality (MR) technology, including advancements in display resolution, field of view, user interface, and integration with existing Apple ecosystems. This could push competitors to accelerate their innovations. Market Expansion: By entering the mixed reality market, Apple could significantly expand the market's size and consumer base. Apple’s loyal customer base may be more inclined to try MR technology if it's offered by a brand they trust. This could lead to broader adoption of MR technology across various demographics that previously showed little interest in VR (Virtual Reality) or AR (Augmented Reality) headsets. Think about this: how many people do you know with a Meta Headset? Note: VR replaces reality, while AR and MR augment it. MR offers a more integrated experience than AR, with more complex interactions between real and virtual objects. Content and Application Development: With the launch of Vision Pro, there's likely to be an increase in the development of MR content, apps, and experiences tailored to the platform. Apple's ecosystem attracts developers, meaning we will see innovative applications and use cases emerging, ranging from entertainment and gaming to education and professional applications. Apple Vision Pro has a chance to succeed where others have failed, with 1 million total apps available at launch plus 600 native visionOS apps. Competitive Response: Vision Pro's entry into the market will likely prompt competitors to enhance their products, reduce prices, or focus on niche areas where they can differentiate. This could lead to faster innovation cycles across the industry. Impact on Related Industries: The Vision Pro could also transform related industries, such as content creation, gaming, education, and professional services. For example, it could introduce new ways to interact with digital content, collaborate remotely, or perform specific jobs. Mainstream Acceptance of MR: One of the Apple Vision Pro's most significant potential impacts is its ability to bring MR technology into the mainstream. Apple's marketing prowess and its focus on user-friendly design could help overcome some of the barriers to MR adoption, such as complexity, discomfort, and a lack of compelling content. When Apple jumps into an ecosystem, the waves ripple into other ecosystems. [Could You Spot These 2 AI Investing Traps?]( Here’s something no one else will tell you about artificial intelligence. Investing in AI… is BS. Almost every investor out there is falling into [2 AI investing traps](. And they’re going to lose their shirts. Before you spend one nickel on AI… [click here to see tech genius James Altucher’s urgent warning to investors](. [Click Here To Learn More]( WTF is “Spatial Computing?” The Vision Pro isn’t just another virtual reality headset; it’s completely different from any other VR headset, leading some to think Mark Zuckerberg has soiled his underoos. That’s because the Apple Vision Pro is a mixed-reality headset. That means you can put on your headset and watch a movie while remaining in the real world. From [Apple]( Featuring a brand-new three-dimensional user interface and input system controlled entirely by a user’s eyes, hands, and voice, navigation feels magical. Intuitive gestures allow users to interact with apps by simply looking at them, tapping their fingers to select, flicking their wrist to scroll, or using a virtual keyboard or dictation to type. With Siri, users can quickly open or close apps, play media, and more. What’s AI Got To Do With It? When you think of AI, you probably think of ChatGPT, Bing, or maybe even Bard. And that’s fair enough, as OpenAI, Microsoft, and Google are loud about their AI accomplishments. But Apple’s big into that space, as well. From [Tom’s Guide]( One thing that Cook mentioned and stressed several times though is that a great deal of the "magic’"in the Vision Pro from Personas to room mapping is powered by AI and machine learning. The company’s first new product category in years is “built on decades of Apple innovation and it’s years ahead of anything else.” Although Apple doesn’t like to throw the term AI around like Microsoft does with the new Bing, Cook explained to the investors and analysts on the call that the company is doing a lot of work internally with AI. Cook also said that he sees a “huge opportunity for Apple” with both generative AI and AI overall. "We will continue to invest in these and other technologies that will shape the future," Cook said. "That includes artificial intelligence where we continue to spend a tremendous amount of time and effort. And we're excited to share the details of our ongoing work in that space later this year." Cook declined to provide further details on Apple's AI efforts, but his comments come amid reports that iOS 18 figures to put AI features front and center in this year's iPhone software update. Some reports have characterized iOS 18 as the biggest iPhone update ever. It’s an exciting time at a company many were about to write off. James Altucher Sees a 1,000% Return. German philosopher Arthur Schopenhauer once said, “Talent hits a target no one else can hit. Genius hits a target no one else can see.” That’s why our resident genius, Paradigm’s Tech Grand Poobah James Altucher, is back again with [a massive prediction]( before the MSM comes close to realizing what’s going on. Remember, if it’s on the front cover of The Wall Street Journal, it’s too late. In 2010, James predicted that AAPL would become the world’s first trillion-dollar company when its market cap was only $300 billion. Not only did it reach a trillion dollars, it marched to a market cap of $3 trillion. AAPL registered a 2,879% gain over the next ten years. Following Steve Jobs’ footsteps, Tim Cook launched Apple’s most exciting product since the iPhone in 2007. James Altucher wants to tell you all about it. Just [click this link]( to watch the video where James explains everything. You can control the playback speed of the video, so watch it at 1.5x or 2x the speed. In this video, [James reveals why he’s so bullish on a $2 company]( intimately involved with AAPL and its gaming-changing goggles. According to James, this stock could go 100x over the next decade. The video is well worth your time. [Head here now.]( Have a wonderful weekend! All the best, [Sean Ring] Sean Ring Editor, Rude Awakening X (formerly Twitter): [@seaniechaos]( In Case You Missed It… Powell Power: January 2024 MACR [Sean Ring] SEAN RING “You’re not the boss of me!” Jay Powell seemingly screeched as he poured ice water on the stock market rally. From [Kitco]( After the Federal Reserve left interest rates unchanged on Wednesday, Chair Jerome Powell used his press conference to push back against market expectations for rate cuts as early as the March meeting. “Based on the meeting today, I would tell you that I don't think it's likely that the committee will reach a level of confidence by the time of the March meeting to identify March as the time to do that,” Powell said. “That's probably not the most likely case, or what we would call the base case.” “There was no proposal to cut rates” among FOMC members, the Fed Chair added, though “some people did talk about their view of the rate path.” Powell reiterated throughout the press conference that the FOMC “does not expect it will be appropriate to reduce the target range until it has gained greater confidence that inflation is moving sustainably toward 2%,” though he acknowledged that “inflation has eased over the past year.” The central bank did drop its oft-repeated reference to the potential for further rate hikes in Wednesday’s statement. Powell said the Fed's interest rate target is “likely at its peak for this tightening cycle” and they expect to cut rates “at some point this year,” but said the committee will take the necessary time to confirm that the data supports monetary policy easing. In response to a question about whether the U.S. economy has already achieved a ‘soft landing’, Powell said “We are not declaring victory, we think we still have a ways to go.” Stocks, gold, and cryptocurrencies fell on the news. But some still look like very bullish cases on the charts. With that in mind, let’s get to them. S&P 500 [Rude Awakening] The market did, indeed, take a breather, but only a small one. The long-term target remains north of 6,000. That doesn’t mean it’ll get there. But it does mean we’ve likely got a long way to go on the upside. Nasdaq Composite [Rude Awakening] A pullback to 14,400 would be healthy. We’re sitting above 15,000 here. Most of the drop is from Powell’s comments. We’ll soon see if there’s much followthrough or if the markets just shrug it off. Russell 2000 (Small caps) [Rude Awakening] Indeed, we reversed down to 192, as we assumed would happen last month. However, it’s unclear where we’re going from here, as we may just bounce up off the 50-day moving average. But keep your eye on this small cap index. As it goes, so goes the broader market. The US 10-Year Yield [Rude Awakening] The 10-year yield keeps declining. Much of the market is (still) looking for a rate cut, though I think they’ll be disappointed until mid-year. I am looking at 3.4% next. Dollar Index [Rude Awakening] We got above the 103 level I was looking for, but this is due to Powell’s hawkishness. How long will this last? I'm unsure. But if it continues, the next target is 105.5, followed by 106.5. USG Bonds [Rude Awakening] We got our reversal, down over two points since last month. But TLT popped on Powell. If we continue up, target 100. If we reverse from here, target 90. Investment Grade Bonds [Rude Awakening] We had a tiny reversal, not worth even talking about. This could be a consolidation for higher gains. The target would be 134 then. High Yield Bonds [Rude Awakening] This looks like a consolidation over the month. The upside target is in the 90s. I’d still be wary of a minor reversal here. Real Estate [Rude Awakening] We've got a full reversal going on here. It looks like the next stop is 80. Below there, 75 and then 70. [Download This New Survival Guide Today!]( There is a “Crisis Survival Guide” that is available to all Rude Awakening readers today. This short 54-page document has everything you need to know to protect yourself and your family in times of crisis. Things like what foods to stock up on now, staying safe during periods of rioting and looting and more. Inside it breaks down all of the coming threats you face and how to prepare. [>> To see how to download your copy, click here now](. [Click Here To Learn More]( Energy: West Texas Intermediate (Oil) [Rude Awakening] We hit 78, but Jay Pow lowered the boom, sending oil back to 75.85. Between Israel, Hamas, the Houthis, and the Suez being shut, I can’t believe we’re still under $80. That’s the best indication the world economy is weak. Still, absent a universal peace, I can’t see this lasting. I’m looking at 83, at least. Base Metals: Copper [Rude Awakening] I got this one plain wrong. I thought we were heading to 3.30, but we reversed up to 3.90. The real economy is still awful, but copper thinks better of it for now. Precious Metals: Gold [Rude Awakening] Unfortunately, though the chart shows $2,067.40/oz., that bastard Mr. Slammy knocked it down to $2,040 overnight. I’m still bullish and think we’ll reach $3,000, but it will be a far more brutal slog than we imagined. Unless we get a surprise rate cut, that is… Precious Metals: Silver [Rude Awakening] Sideways Silver strikes again. There is nothing to report other than to hang on to your holdings. It’ll be worth it. We just need to get above $26 first. Cryptos: Bitcoin [Rude Awakening] BTC took a breather this month. I still target $47,000. With that said, if this is a top and not a consolidation, we could be looking at $33,000. Cryptos: Ether [Rude Awakening] Took a breather this month. New target is $2,820. Trad Asset Class Summary [Rude Awakening] Commodities led the way with a 3.72% return. Stocks finished second, with a 2.17% return. Oddly enough, the dollar also finished positively, up 1.18%. Bonds, as suspected, took a hit of -1.22%. Crypto Class Summary [Rude Awakening] Ether, Bitcoin, and Monero each had a hiatus, down only single digits. Bitcoin, Dogecoin, and Ripple were hammered by double-digit amounts. Wrap Up First, it was Christopher Waller. Now, it’s the man himself, Jay Powell, who’s thrown ice water in the face of March rate cuts. These are tricky times for the markets. Between World War 2½, supply chain realignment, and central banks, investors have plenty of bullets to dodge. Stay bulletproof, my friend. Finally, let’s take a moment, courtesy of the Twitterverse: [Rude Awakening] Credit: [@alifarhat79]( Have a great day! All the best, [Sean Ring] Sean Ring Editor, Rude Awakening Twitter: [@seaniechaos]( [Paradigm]( ☰ ⊗ [ARCHIVE]( [ABOUT]( [Contact Us]( © 2024 Paradigm Press, LLC. 1001 Cathedral Street, Baltimore, MD 21201. By submitting your email address, you consent to Paradigm Press, LLC. delivering daily email issues and advertisements. To end your Rude Awakening e-mail subscription and associated external offers sent from Rude Awakening, feel free to [click here.]( Please note: the mailbox associated with this email address is not monitored, so do not reply to this message. We welcome comments or suggestions at feedback@rudeawakening.info. This address is for feedback only. For questions about your account or to speak with customer service, [contact us here]( or call (844)-731-0984. Although our employees may answer your general customer service questions, they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized financial advice. We allow the editors of our publications to recommend securities that they own themselves. However, our policy prohibits editors from exiting a personal trade while the recommendation to subscribers is open. In no circumstance may an editor sell a security before subscribers have a fair opportunity to exit. The length of time an editor must wait after subscribers have been advised to exit a play depends on the type of publication. All other employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Any investments recommended in this letter should be made only after consulting with your investment advisor and only after reviewing the prospectus or financial statements of the company. Rude Awakening is committed to protecting and respecting your privacy. We do not rent or share your email address. Please read our [Privacy Statement.]( If you are having trouble receiving your Rude Awakening subscription, you can ensure its arrival in your mailbox by [whitelisting Rude Awakening.](