@Mrzorro:Apple Stock Slumps Toward Lowest Close in 18 Months, Worst Yearly Performance Since 2008 $Apple(AAPL)$ slumped 1.7% in afternoon trading, enough to pace the $DJIA(.DJI)$ s decliners as they flirted with their first sub-$130 close in 18 months. The stock was headed for a new closing low for the year, below the previous low of $130.06 on June 16, 2022, and the lowest close since June 15, 2021. Apple's stock has tumbled 12.4% in December, putting it on track for the weakest monthly performance since it shed 12.8% in May 2019, and the first December drop since 2018. It has also slumped 27.0% in 2022, which would mark the worst yearly perform
@Moonlight23:$Tesla Motors(TSLA)$ would be a good buy for a short term trade, especially if Musk's Twitter exit plays out, and he returns to govern TSLA and soothe investors worries. Might want to be cautious in view of 2023 headwinds though, especially with liquidity drying out. Recommend to DCA slowly ivo recession fears and a tightening monetary policy. Tesla still has a wide moat in terms of the electric auto industry, so it is still a good buy. That being said, the Chinese carmakers are catching up in terms of technology, and might be able to mass produce for the wider market at a cheaper price, adding on to the competition for the electric automobile industry market share.