just bopping around in a range so far....market has gone nowhere for 6 months, just up and down in a range. 83 days since the low, which is substantial.
Non-US stocks starting to do materially better than US stocks....I'm starting to move in that direction. I suspect virtually every US investor is underweight overseas, and when they start chasing overseas performance they will create some good returns. I'll surf that.
You really are the contrarian-contrarian indicator. $152.34 down to $134.87 since your post. So you can mark that down to 13.5%, clearly inferior to HSGFX. 😹
THANK YOU! Please, please, please say more negative things about AAPL. Your contrarian mojo is making me $.
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Stocks keep falling on recession fears...but GDP Now keeps saying that the 4Q economy closed with a roar. Up to a mighty mighty +3.9% now and accelerating.
Tradable bounce perhaps, but TSLA ticks under $30 during this bear market.
Getting smoked today after big bounce yesterday
Tesla has become just a car company....self-drive is not happening, legacy car companies have caught up with electric tech, musk is box office poison, they haven't been able to get the cyber truck into production...the magic is gone. That stock has a long, long way to fall to get to regular car company valuations.
the Fed believes the current inflation run rate based on m/m data is around 4%. And falling almost every day. Combine that with 3-4% real GDP growth and companies are going to make a lot of money. If inflation keeps falling - and most signs point to that - I'm getting optimisticker.
Tesla has become just a car company....self-drive is not happening, legacy car companies have caught up with electric tech, musk is box office poison, they haven't been able to get the cyber truck into production...the magic is gone. That stock has a long, long way to fall to get to regular car company valuations.
RE: autos a valuation trap; F and GM low PEs, but as EPS declines expect falling share prices yet rising PEs
Tesla has become just a car company....self-drive is not happening, legacy car companies have caught up with electric tech, musk is box office poison, they haven't been able to get the cyber truck into production...the magic is gone. That stock has a long, long way to fall to get to regular car company valuations.
the Fed believes the current inflation run rate based on m/m data is around 4%. And falling almost every day. Combine that with 3-4% real GDP growth and companies are going to make a lot of money. If inflation keeps falling - and most signs point to that - I'm getting optimisticker.
Good.
I have loaded up on bonds and CDs paying more than 4%
Tesla has become just a car company....self-drive is not happening, legacy car companies have caught up with electric tech, musk is box office poison, they haven't been able to get the cyber truck into production...the magic is gone. That stock has a long, long way to fall to get to regular car company valuations.
RE: autos a valuation trap; F and GM low PEs, but as EPS declines expect falling share prices yet rising PEs
ford stock has gone nowhere in around 30 years. Although it has paid a large dividend so there has been some total return there. Not a great business model and that's where tesla is going.
RE: autos a valuation trap; F and GM low PEs, but as EPS declines expect falling share prices yet rising PEs
ford stock has gone nowhere in around 30 years. Although it has paid a large dividend so there has been some total return there. Not a great business model and that's where tesla is going.
If you consider the price supports, and bailouts, the American auto industry is a government supported jobs program. Really not close to a stand alone business. Of course the airline industry is now there too.
ford stock has gone nowhere in around 30 years. Although it has paid a large dividend so there has been some total return there. Not a great business model and that's where tesla is going.
If you consider the price supports, and bailouts, the American auto industry is a government supported jobs program. Really not close to a stand alone business. Of course the airline industry is now there too.
If you consider the price supports, and bailouts, the American auto industry is a government supported jobs program. Really not close to a stand alone business. Of course the airline industry is now there too.
As is Wall Street.
Yet you suck up every thing they sell, unfortunately in 2022.