Apple Sells Out of Phone You Can't Afford

Apple's iPhone Duo is in short supply. Retail traders are thrilled. Scarcity is the only thing they've ever understood about value.

Nobody has seen the product. Nobody has held it. Yet a thousand people with Robinhood accounts and a Costco-sized appetite for self-delusion have already declared it a supercycle.

Consider the mechanics. Apple makes fewer phones than people want. This is called a business. Every company since the lemonade stand has figured it out. Wall Street treats it like Tim Cook split the atom.

The Investing Club says two stocks are fueling an AI rebound. Two. Not three. Not one. Two is the perfect number for a headline and a terrible number for a thesis.

An AI rebound implies AI fell. It dipped, sure. Then it recovered, the way a toddler recovers from a fall once someone offers a cookie. The cookie here is a chip order.

The Homestretch arrives in the afternoon. The last hour of trading. This is when you, the retail investor, will read a recommendation, open your app, and buy at the exact top. A tradition older than the iPhone itself.

Technically, the charts say nothing. They never say anything about a phone nobody can buy. Support and resistance don't apply to a product that exists mostly in a rumor and a waitlist.

But go ahead. Refresh the Apple store page. Watch the little spinner. Feel the hope.

You'll own the stock and still won't own the phone.

Photo by Dennis Brendel on Unsplash