Looks like multiple MMD's this morning... profit taking I assume...
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It's like Friday came early, doh.Looks like multiple MMD's this morning... profit taking I assume...
Yeah, typically after a big runup there's a big rundown and after the Texas Gigafest on Thursday I expect they'll be a runup and barring any substantial positive news, a gradual rundown until 4/20 & 4/21, assuming the earnings report is great (which it should be).It's like Friday came early, doh.
The FED is scaring everyone again.Looks like multiple MMD's this morning... profit taking I assume...
I literally pointed this out in the post you quoted- so it's weird you think you're telling me something here.
The board could vote to "announce a split pending shareholders passing a vote to approve more shares but they absolutely do need a shareholder vote to actually perform the split because currently not enough authorized shares exist to do even a 2:1 split- and the board can not increase that number without shareholder approval.
Yup sucksNothing like losing previous day’s entire gains…still painful to watch. HODL.
We actually need 10 year to go up and 2,3,5 year to come down. The longer the yield stays inverted, the higher predictive probability of a recession.Macros aren't great today on high 10 yr yield it seems, so some of that is weighing on TSLA. This becomes a scare opportunity for weak hands. No doubt this rebounds soon and is exaggerated. OTOH, as money tightens further and this yield trends continues, we could feel the pinch. For me, TSLA is the only safe place to shelter through this storm. We might even see more Tesla vehicle price increases this year. Better lock in on prices now. (Note to self)
5 days on the 10 yr:
View attachment 790326
In fairness to Rockefeller he brought technological excellence to petroleum production, professionalism to prospecting and development, made transportation and distribution more efficient and effective than the world had ever seen. Views in the context of the advent of the automobile and electrification, he pretty much alone made the infrastructure work from scratch. Viewed from more than a century back, we see the problems created by his very success.I was just think that very same thing this morning. Henry Ford innovating, or JDR dominating the landscape? Likely will be seen as a combination of both once it's all said and done.
This highlights the importance of technology in human civilization. Drop JDR into his world and you get....scarcity, greed, chaos. Drop Elon into this world with the same dominant mentality and you get..... sustainable abundance.
I was busy writing an OT post I think, was it the Twitter topic? It was a good one, but living only in RAM at the moment.NO ONE needs to guess why a ridiculous number of posts are being deleted.
Nothing like losing previous day’s entire gains…still painful to watch. HODL.
Very Twitter likeNO ONE needs to guess why a ridiculous number of posts are being deleted.
It "should".....but we all know it won't
More likely I think it trades at 125-150X PE at end of 2022. 100-120X PE end of 2023. 75-100X PE end of 2024. 60-75X PE end of 2025.