Also important i think to keep close tabs on the actual data as hundreds of articles are being written constantly and interpretations can stray far afield from the underlying empirical evidence. For the U.S., this database is updated each day at 4 pm eastern time with state by state and national results for number of tests run, number of positives, etc. The COVID Tracking Project Also useful is to calculate & track the % positive results from these numbers. my guess is we'll reach maximum fear this week, get hit with a terrible jobs report on Thursday and this is the floor as the corona stuff then becomes better understood since better data will provide solid estimates of spread rates and mortality rates in the U.S. At that point, we'll be dealing with much less uncertainty, we'll start to adjust & see some light at the end of the tunnel, and Tesla will be set to flourish in the post-corona world.
Also full cost reimbursement is backed into our system with little competition on price. Providers are used to dealing g with a small group of vendors with known sales reps. In fact unless it has dramatically changed a few years ago changes in need for ventilators was handled by rentals. Leaving providers to compete with each other in the US through only known channels is not a plan for effective allocation of supply.
Is it just me or does EM x China seem like a match made in Heaven?
Not just in this market, in any market. In the best of markets and in the worst of markets, it is virtually impossible to predict short term movements.
I actually did this recently to pay off an outstanding loan. I have to cash to pay off the advances but have placed 50% in the market. The big risk is if you can't sell the investments for a profit by the time interest starts kicking.
You can get a loan with lightstream or similar with rates at 8% or so, maybe better now.
1. No expertise.
Is it possible that since Fremont is a factory which imports parts from China, it is also a customs center? So, where a hospital would have to go through a local customs office and the associated delay and bureaucracy, Tesla can arrange a direct delivery to Fremont, get customs officials to sign off and ship items out. Perhaps that's how they got so many masks out to US hospitals over the weekend.
Argue about this in the Coronavirus thread please.
I did for a bit but pulled out and stashed the profits. I figured out pretty quickly that I was not comfortable with risk that the market would go back up. Maye not rational, but it didn't feel right. I know the market will go up eventually, so holding short positions for more than a couple weeks felt stupid. Tesla also doesn't follow the market so I had days where my S&P 500 shorts AND TSLA long positions were down.
Following @UnknownSoldier 's lead, I used SPY puts (280$) to a degree of success. My mistake was getting out too early, as I underestimated market's reaction.
This is again false. The announcement was to shut down retail stores and go 100% online sales. That didn't happen because Elon changed his mind, whereas TSLAQ never does: they always think they know everything, and everything is BAD, all the time.
This is going to be an interesting battle - that is just beginning.
