The Social Media Push Back

The Entry Points

There is an interesting situation arising, which could become a trend, and it’s something we have been considering. This needs to be monitored. And that is, have we seen the top in social media penetration. Not the death knell of course, but is the growth peak in. The pushback against the globalist social media behemoths such as Facebook and Twitter is happening, but to what extent will it continue, and where will the consumer dollars go then. Nokia has introduced a simpler retro phone. The demand is growing for these and more offerings are coming:

“First launched in 2000, the Nokia 3310 featured a small monochrome display and became known for its durability. It went on to sell millions of handsets. The revamped, slimmer version now has a color screen, but many of the phone’s basic features remain. The phone will have original games such as Snake, as well as new features including a camera, will sell for about 49 euros.”

More and more people are starting to rethink all of the time, and all of the focus in their lives, which goes to social media obsession. This will potentially be a game changer for the shares of the social media darlings. We will be watching this trend closely:

“I’m not alone in feeling that using a smartphone is making my life more fragmented and thus possibly poorer. The syndrome is especially noticeable among tech writers. Vlad Savov, a gadget reviewer at The Verge, recently wrote a piece about going back to the dumb phone. By nature of his work, he’s as unable to go into full digital detox as I am, but he argued for carrying around a laptop. It’s not as easy to access at all times as a smartphone, but it covers all the work needs. Meanwhile, there’s always an open line of communication with family and colleagues on the dumb phone.”

 

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About traderscott 1146 Articles
Trader Scott has been involved with markets for over twenty years. Initially he was an individual floor trader and member of the Midwest Stock Exchange, which then led to a much better opportunity at the Chicago Board Options Exchange. By his early 30’s, he had become very successful in markets, but a health situation caused him to back away from the grind of being a full time floor trader. During this time away from markets, Scott was completely focused on educating himself about true overall health and natural healing which remains a passion to this day. Scott returned to markets over fifteen years ago where he continues as an independent trader.

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