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Sorry I was working yesterday couldn’t place a buy orderUmmm, the dip was yesterday. This is the recovery.
That blog post sure feels like a flex by S&P - look at that stock tumble after we snubbed ‘em! We’re so relevant and powerful!
Which of their portfolio includes Tesla.Ark sends out a daily email noting their trades for the day. You can sign up for it here: Intraday Trade Notifications
UPDATE: Tesla shares plummet after stock left out of S&P 500 rebalancing
"I think it was a surprise and, judging from Tesla's premarket share price this morning, the market seems to agree," Craig Erlam, a senior market analyst with OANDA, said Sept. 8, the first day of trading since the announcement.
...
Erlam said the snub will not be "particularly damaging" for Tesla, since their position outside the index is likely to be short-lived.
"Their inclusion into the index in the not-too-distant future looks inevitable. It just needs to prove that this is more than a purple patch and its stock price and performance is sustainable," Erlam said.
???
I hope the stock’s at 600 when they get included.
Yes, certainly everything seemed to go right with Q2.Noun[edit]
purple patch (plural purple patches)
- A period of excellent performance where nearly everything seems to go right, contrasting with a lower general level of performance.
In other words, a period of extremely good luck.
The only ETFs that DON’T include TSLA are ARKG and ARKF.Which of their portfolio includes Tesla.
Can we buy Ark ETF on our trading account like any other ETF?
You can literally feel the smugness seep through whatever device you're using to read that blog post. Not just the article, but the quotes from individuals. Part of me wants Tesla to make make an announcement that they don't want to be included.
Not the logical side of me, the disgusted side
Erlam is just an analyst. The interesting quote there is from Chris Bennett who works for the S&P:
"(The decision was) a good reminder that the committee has the final say on any changes to the S&P 500, and that they retain discretion on which stocks best represent the broad universe of U.S. listed companies."
Sure sounds like saber rattling to me. Oil industry conspiracies come to mind.
Which of their portfolio includes Tesla.
Can we buy Ark ETF on our trading account like any other ETF?
I don't think they set out to be Tesla's competition...they are more of a niche car maker, like a bugatti. Congrats on your 36 shares....just accumulate more as you go along...this is a marathon not a race.Nice to see the uptick today! I have a whopping 36 shares but I still read this thread every single day. I'm learning! TSLA is the first individual stock I've ever bought, but I firmly believe that this company has amazing long-term growth potential (on top of the demonstrated growth to-date). It still shocks me when friends of mine don't see the patterns I see, such as pent-up demand, the effect new GFs will have on quality improvements, the effect of SpaceX and that success on Tesla, the amazing advantage of the Supercharger network, evolving Battery Tech (and Battery Day coming on the 22nd), how much young people love these cars (with the most buying years ahead), etc.
The Lucid Air is gonna be 170k, initially. So much for Tesla's competition right?
I’m shocked my friends don’t see it either. What I hear the most from them is that they think competition is coming and they like the other car companies better. Also if you look at Tesla as only a car company it’s market cap does look overvalued. The combination of competition coming and high market cap makes the stock price look like a bubble.Nice to see the uptick today! I have a whopping 36 shares but I still read this thread every single day. I'm learning! TSLA is the first individual stock I've ever bought, but I firmly believe that this company has amazing long-term growth potential (on top of the demonstrated growth to-date). It still shocks me when friends of mine don't see the patterns I see, such as pent-up demand, the effect new GFs will have on quality improvements, the effect of SpaceX and that success on Tesla, the amazing advantage of the Supercharger network, evolving Battery Tech (and Battery Day coming on the 22nd), how much young people love these cars (with the most buying years ahead), etc.
The Lucid Air is gonna be 170k, initially. So much for Tesla's competition right?
Well, the base LA is around $80K, so that seems to be aimed at MS market to some degree. But, yes, they appear to be targeting the Taycan crowd as much or more than Tesla.Nice to see the uptick today! I have a whopping 36 shares but I still read this thread every single day. I'm learning! TSLA is the first individual stock I've ever bought, but I firmly believe that this company has amazing long-term growth potential (on top of the demonstrated growth to-date). It still shocks me when friends of mine don't see the patterns I see, such as pent-up demand, the effect new GFs will have on quality improvements, the effect of SpaceX and that success on Tesla, the amazing advantage of the Supercharger network, evolving Battery Tech (and Battery Day coming on the 22nd), how much young people love these cars (with the most buying years ahead), etc.
The Lucid Air is gonna be 170k, initially. So much for Tesla's competition right?
The Lucid Air is gonna be 170k, initially. So much for Tesla's competition right?