Tesla at $550...what does it tell you about the car market, the equities market, the bond market...
Coinstartled
Posts: 10,135 ✭✭✭✭✭
...and the economy in general?
0
Coinstartled
Posts: 10,135 ✭✭✭✭✭
Comments
$ available for all kinds of “hobbies”
I always figured that it was better to have no P/E than a three or 4 digit P/E.
clearly defines irrational exuberance.
The next Boeing 737 Max.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Very little. What it DOES tell me is this: There is a TON of short covering underway. A TON!
Dave
It tells me, once again, I missed the boat on this one.
I am rooting for my space buddy Elon even though I only own a few shares in a mutual fund. The economy is on a Trump roll. Corporate Tax Cut, Repatriation of corporate Billions, Cutting Obama Era over reach regulations and most important "The Global slow down" makes our currency strong and our equities rise even with Trillions in unfunded debt.
100% Positive BST transactions
Sounds like either the smart money believes electric vehicles are the future or the equity market is an overinflated pig.
Edit: Forgot to add the "Trump roll" Bankrupted everything he touched, looking like America will be no different.
The whole worlds off its rocker, buy Gold™.
Nothing.
Knowledge is the enemy of fear
InnodefenseofTrumpwhatsover,remember,Barrytookitfrom$10Tto$19T.
Yup Barry was handed the previous clowns great recession. Gump was handed a booming economy. Some are born on 3rd and think they hit a triple.
The whole worlds off its rocker, buy Gold™.
and about the precious metals market ???
Piles of cash looking for something...anything that might do something big. Musk looks like the magician who will do magic yet again. Great place for a roll of the dice.
That seems to be where the market is right now.
Here's a warning parable for coin collectors...
The Fed Dog and the stock market beach ball
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Duh. . .thank the repo bailout since October. Repo bailout bubble in progress.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
youmakeitsoundlikebarryhadnoinputintothe$10trillionindebtexpansion.notoncedidbarryhaveasingleyearof-gdp-above3%,firsttimeinamericanhistory.sohedidnothandoveraboomingeconomy.ifanything,barrykeepthebrakesonaslongaspossible.
It all started with George Washington.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Do you know what GDP averaged under Obama and what it has averaged under Trump?
Knowledge is the enemy of fear
$23.18 trillion sure seems like a big number. So does $550 for a share of Tesla.
I knew it would happen.
He encourage Franklin to work on an electric car.
Yes,i'veseenanywherefrom1.4%to2.1%dependingonstart/finish.Trump:2.7%,2.9%for2018,2019respectively.
You probably should do more research. Did you know Obama had a 5.5% quarter? And no it wasnt just after the 2009 bottom.
When all is said and done, GDP growth will be very similar, even though Trump will have run much higher deficits.
Knowledge is the enemy of fear
why?yes.so?barrystillhadthelowestaverage-gdp-,overaneightyearpresidency,ever.hooray-yippeeforhis5.5%quarter.itdidn'tamounttomuch.trumpisnobetterthanobamawhenitcomestodeficits.hesaidhe'dlowerthemlikecomradebarrysaidhewouldin2008.liars,bothofthem.
Are you trying to be cute and clever? I'm not going to waste my time trying to read this. Try using the space key between words next time.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I think Adam gummed up his keyboard. Or maybe it was hummus.
Given his profession, its most likely the long term effects of excessive exposure to cosmic rays.
Knowledge is the enemy of fear
GDP is an historical artifact from an industrial economy that doesn’t really serve its purpose anymore, at least in the US.
We mistakenly expect GDP to measure what it no longer can: "manufacturing is still 35% of GDP, but fewer than 9% of US workers are actually involved in that manufacturing."
GDP says there's no recession. . . to those who fail to see it's weakened value in determining the true strength/weakness of an economy. It's like using hoolahoop sales to determine growth.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I'm
neither
cute
nor
clever.
My
spacebar
is
jammed.
Lighten
up
WinterGarden
;-)
Don't worry Perry..
Led the Munchkin jeer..
As with the Witch of the West..
Renski has no power here.
Slipper Shave!
So if GDP only measures a minority interest of the economy, it is quite possible that it underestimates growth.
Knowledge is the enemy of fear
Your question was answered in what I said. Pay attention.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Oh hear ya Mr. Gloom and Doom. Your "weakened" words. Just making sure you got your eyes open.
Knowledge is the enemy of fear
One more time Mr. Sunshine: "it's weakened value in determining the true strength/weakness of an economy."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
So just understand which is more likely. Eyes open!!
Knowledge is the enemy of fear
Cohodk and Derryb
Should be much more lighthearted.
They chase each other ‘round the tree
And end up where they started.
Burma Shave
Here's a warning parable for coin collectors...
The long and winding road..
Far from urban sprawl..
Can be a daunting trip..
With a car, a plug, and no wall.
Burma Shave
If people will their money spend
And heed not the PM Boards,
They’ll soon have naught but their Depends
As their finance rewards.
Burma Shave
Here's a warning parable for coin collectors...
Working hard and investing well..
Is a path to riches, kiddo..
But retire early and have some fun..
Or you'll leave a wealthy widow.
Tahiti Shave
It is against decorum..
To double post a Shave..
But as a 10,000th entry..
The checkered flag we wave!
Burma Shave!
Coinstarlet,-really?
A-mod-you-are-not
Behind-the-curtain
You-qiver-with-fraught
Borrow-smoe-courage
Use-your-brain
Have-a-heart
No-time-to-feign
You-can-run
But-you-cannot-hide
Apologize-to-my-Ohana
For-damage-you-applied
Be-a-mensch
And-let-this-end
Just-simply-say...
I'm-sorry-Ren
Burma-Shave!
At least at CU..
We have a quorum..
What you need though..
Is a whiners forum!
Space Bar Shave!
I've never seen a purple cow
I never hope to see one
But just the same
I'd rather see a purple cow
than be one.
That's all I got...
I knew it would happen.
At least your honest which will serve you in your investing endeavors in the future
I tend to agree.
I give away money. I collect money.
I don’t love money . I do love the Lord God.
it all tells me to keep dancing.
Tesla investors are like Dems and Pubs now. Either people believe that Tesla is the New Apple and will take over the world of electric cars and trucks, or that this is a bubble extraordinaire, that the value underpinnings are just not there and won't ever be, and are shorting the stock like crazy. There seems to be no middle ground.
Here's a warning parable for coin collectors...
LOVE my car, hate the stock (and if I had any I'd be selling).
And it is kind of like driving a smart phone--well switching from my flip phone to an iPhone the first time, but here I went from being a manual transmission snob to driving a single gear. A serious mind shift that goes pretty easily actually.
Then again, there were times Amazon looked like this. And, if for some reason, the other companies decide it's easier to license an adapter for the Superchargers instead of trying to build out a second network, there might be some good money involved. Shoot if Volkswagen goes that route it would be kind of genius seeing as they are going pretty much all in for electric too. THAT would be an interesting partnership.
In any case, it is entertaining to watch. I mean that dang truck was fabulous marketing move. He basically just monetized his R&D department right then. And if he'd called it the 'cyber vehicle' instead of a 'cyber truck' it might have been even more cool. Truck has a fairly standard mental picture associated and 'vehicle' would have made it a more flexible concept. Not sure I want one, but I'd take the model Y in a heartbeat.
Smoe irony.
and 15 days later this stock has gone up another $100. It just touched $649 in after hours. Up $66 after it reported. This hasn’t been the easiest stock to hold but.........This is a such a pure technology play. The car part is only part of the story.
I just bought my first all electric vehicle ( not a Tesla) and It’s the best car decision Ive ever made. The torque is mind bending.
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Does the whole car twist and rumble when you step on the accelerator?
Knowledge is the enemy of fear
Nope. The front end raises up a few inches in silence simultaneously as you stomp on the accelerator as it hurtles 0-60 in about 4.4 seconds. Maybe faster. My wife claims whiplash. I claim awesomeness and neck braces are underrated. A literal blast to drive. Two motors.
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
The robots will be building new robots and factories for them to work in and thy will make solar panels and batteries to power the robots and the factories. 10010010101011101010010001001010100101011101001001001010010001001
Successful BST deals with mustangt and jesbroken. Now EVERYTHING is for sale.