When your talking money in the billions it isn’t going away, it would go into a pump and dump much like Remington.
Tesla is selling smoke and mirrors and people have figured it out. 5 years.
Agree, I'm into NIO. Chinese car company. Nice run up lately. China wants to be 50% electric cars by 2035. Someone has to make those cars for them. NOTE: currently 360 million cars in China.
I read an article recently on Tesla's solar roof product. That will be an epic fail. That whole company is ripe for implosion, and when that happens I sure wouldn't want to own any stock in it.
How Much Does a Tesla Solar Roof Really Cost in 2024?
A Tesla solar roof costs more than regular solar panels but includes a total roof replacement and 25 years of energy savings. Is the $100,000 price tag worth it?www.solarreviews.com
2035? China must have told Gavin Newsome what he will do in California....
Day will come when the cult members get fleeced........5 years
Electric cars need to get a hell of a lot cheaper for that to happen.
Yep, somehow the people of China managed to buy 360 million vehicles, however they will be too poor to purchase new vehicles???Electric cars need to get a hell of a lot cheaper for that to happen.
China GDP Per Capita 1960-2024
GDP per capita is gross domestic product divided by midyear population. GDP is the sum of gross value added by all resident producers in the economy plus any product taxes and minus any subsidies not included in the value of the products. It is calculated without making deductions for...www.macrotrends.net
You may have missed some really good opportunities, but you may still be primed for some great opportunities. I know very little and less by the hour in this market.
Well that didn't go well. Apparently this market is completely unhinged from any reality. Uncertainty and volatility that used to result in a swing down are now completely ignored and the tech boom just keeps heading for the moon. Fallout is coming.
If you are fine with not taking any risk and sitting in cash, then fine. This is really about minimizing your regret. But your previous post said you don’t know what to do. Being in all cash is almost never the best answer.
Everyone expected volatility and was positioned with hedges. That usually points to a swing up as those hedges come off. There was plenty of vol Tuesday night with multiple 2% swings in S&P. It was pros trying to take money from emotional players. I agree this economy has problems, but more money is coming and market will price it in well ahead of the news.
Looks like more coming tomorrow if futures hold. My view is the core principle of equity is you get paid to take that volatility. Time is your friend in that case.I went back in on Thursday and rode some gains up.
