So I thought funds were going to buy Tesla this week so that they have TSLA on their books for their annual reports etc. Maybe 20% chance that will happen in next 3 days following biggesttreeforestshakefire ever.
HOWEVER, is it possible that the reverse is happening? Elon's name is so toxic they want him off their books for the report?
I don't think so but who knows. RIVN down 7.3% today and 38% in a month suggests it is nothing personal.
Whatever, we are 3 days away from a firebreak. Can't come quickly enough.
Yeah, no one is buying TSLA to window dress. They're selling it.
From: Window Dressing: What It Is, Who Does It, and Why
Window dressing is a strategy used by mutual fund and other portfolio managers to improve the appearance of a fund's performance before presenting it to clients or shareholders. To window dress, the fund manager sells stocks with large losses and purchases high-flying stocks near the end of the quarter or year.