Finance Thread - What stocks are you in, etc.

The casino continues.

This is interesting news. The release of a refreshed Model Y was supposed to mark the recovery of Tesla sales.... but offering 0% APY within weeks of release isn't exactly great news for the manufacturer.

Also this gem
www.vice.com

Tesla Reportedly Has $800 Million Worth of Cybertrucks That Nobody Wants

Tesla is overstocked with Cybertrucks, the PS1 graphics-looking mobile monument to Elon’s deep lack of creativity.
www.vice.com www.vice.com
 
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I thought I noticed the Ys with an even uglier cybertruck styled nose in the last few months.

Anyway
 
In all seriousness though, is this volatility really a good thing? Or will we better off after the "dust settles"?
 
CDsDontBurn said:
In all seriousness though, is this volatility really a good thing? Or will we better off after the "dust settles"?
Click to expand...

The volatility is a good thing - if you know what’s coming and you can play it (insider trading) cough, cough.
The volatility is a good thing if you’re looking for attractive entry or addition points or want to make short term trades.
The volatility is a bad thing in that it’s self inflicted.
The volatility is a bad thing as the market hates uncertainty
The volatility is a bad thing if you don’t have the stomach for these wild swings. i.e. fear, greed, and impulsive decisions making.

The “dust” won’t settle until the dotard (you know who) puts down the firehose of Chaos, is removed or chokes on a McDonalds cheese burger and some degree of normalcy returns.

Will we be better off after the dust settles? Well, IMHO we’ll be better off when some degree of normalcy and predictability returns. But really, nothing about the market even in the most “normal” of times is predictable.

Just look for solid companies and good entry points into them and hold on for the ride!
 
Trunk Monkey said:
My 401K is up 3% today, very close to my all time high in December of last year.
Click to expand...

Same here; as of today .. I'm only down 1% from the December high in my personal portfolio. There's at least 25% upside potential if they make it back and then some.

Trunk Monkey said:
Just look for solid companies and good entry points into them and hold on for the ride!
Click to expand...

My latest casino hobby is buying and selling shitty penny stocks within a 10 minute window. It's intense. 🤪
 
Bought a few shares of CRWV last week $74 ... wish I would have bought more; it's already gained 40% since then.

:zwall:
 
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