I noted the 2013 date. Tax codes have changed considerably. There’s no doubt we spend revenues regressively, including a big share to the military.On the off chance you really are just misinformed on US taxes, the opposite is true. Not only does the US upper class pay the overwhelming majority of the taxes, the US tax system is one of the most progressive in the world:
https://www.washingtonpost.com/news...e-least/?noredirect=on&utm_term=.ef8af537c0cf
American taxes are unusually progressive. Government spending is not
The fact that so many people think this isn't the case is testimony to the power of the media to control the narrative.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
- Status
I’m noting a marked weakness in arguments being peddled by the FUD public relations machine. Good news for the longs.
Don’t forget surfboard sales. Q4 earnings will be tainted by Teslaquila and Short Shorts sales.
I like the argument of "this is good for shorts because many other shorts gave up".
jhm
Well-Known Member
KarenRei is absolutely correct: the political concern is about the top 1% and beyond.
"Control[ling] alpha" is absolute nonsense. You want to suggest that you know a thing or two about statistics using such language, but it is obvious to this statistician that you have not a clue what you are talking about. Alpha relates to statistical hypothesis testing which not at all relevant to the discussion of extremes of income distribution.
Last edited:
I don't really see this "resistance" at $348. Certainly $345.5 is our close bogey, but anything we've done above that IMHO is just momentum around the $345.5 area. Let's get a solid close and STICK above there and we can open up $355 as the next target of resistance.
Its why I thought the this week $350 was an easy sell at 7.2$. (by the way I'm NOT buying those from anyone if anyone thinks that)
Erleichda
Member
Anyone want to unpack the WSJ and now other articles denouncing the Q3 ZEV credits on the 10-Q?
Do we need to? This is fantastic news. They are claiming $52 million in ZEV credits is the only reason Tesla is making money. Is it that UBS report that included GHG and CAFE - the regulatory credits that aren't going anywhere? Even without those Tesla is not only slightly profitable (I think) but still FCF+ last quarter. If this is the best argument the bears can come up with it is over...
Pretty fair review of Navigate on Autopilot over on The Verge:
Tesla’s Navigate on Autopilot is like Waze on steroids
Love to see journalism that's balanced rather than trying to push some sort of agenda.
Tesla’s Navigate on Autopilot is like Waze on steroids
Love to see journalism that's balanced rather than trying to push some sort of agenda.
ZachF
Active Member
It's garbage.
Analyses that have predetermined conclusions are ultimately worthless.
jhm
Well-Known Member
What exactly do you mean by "control alpha" then? If you are speaking of alpha as a parameter of distribution and not hypothesis testing, then it is ambiguous what you mean to "control." As a parameter, alpha simply describes a distribution. It is not something to be controlled.
The value of extreme value distributions is that is gives us a way to analyze the extremes such as the 0.01% tail of distribution. I actually do this work as a statistician. I am aware of nothing in extreme value theory that would suggest that on must focus on the 10% tail and ignore the other tails. Where one places the focus of analysis is entirely up to the aims of the analysis.
So I am reacting to your awkward use of technical language that seemed to be used as an insult to others on this this list. Who exactly were you suggesting had a third grade grasp of statistics?
Carl Raymond
Active Member
Noob here. Can you elaborate please. My total knowledge of calls comes from watching a couple of badly made vids. These are my gleanings:
They come in batches of 100, so min buy is $725.
You win if price reaches $357.25 before expired.
For every dollar above that you make $100, so $364.50 to double your money. Below $350 you lose the lot.
When does the call at that price expire? Exactly one week to the minute after buy?
Have I got it right?
He is on the sell side i.e. short call option. That means time work in his favor and if tsla closes below $350 at expiration he collects full $7.25 premium.
I wouldn't suggest selling uncovered calls though. TSLA can run up rather quickly and you may get a margin call. Selling covered calls however has very well defined risk where you just capped your potential upside i.e. forced to sell your TSLA shares at strike price if TSLA goes way above the strike price.
Elon Musk on Twitter
If I am shorting TSLA I would be really scared these days.
Apparently, it only took Elon to just disappear from Twitter for a few days then come back and tweet some *sugar* that no one understands, and is completely not related to TSLA to move the stock up.
If I am shorting TSLA I would be really scared these days.
Apparently, it only took Elon to just disappear from Twitter for a few days then come back and tweet some *sugar* that no one understands, and is completely not related to TSLA to move the stock up.
Carl Raymond
Active Member
- Status
Similar threads
- Locked
- Locked
- Locked
- Poll
