I could never understand how DJT could remain at that stock price level of $55 despite steep losses in its media businesses; even if they stop people from short selling, don't they have eyes to see that this is simply distasteful to other more decent stocks? Hm... very strange and unbelievable! Well, called it 'rigged' but there is more to it than meets the eyes..?
It becomes a habit for consumers to keep spending despite some impending shocks that are going to happen soon due to the continued rise in inflation benchmark!
The April CPI Report May Shock The Market And The Fed
And what will happen if tonight one of the Fed governor announces that they are going to hold the rate much longer even the market shows signs of weakness but inflation remains elevated? And the cut will probably be in Sep? Do you think this will happen?
While I agree with your findings, EM as I said has a strong fan base, that's where his premium lies, not on the fundamentals of its stock value. But fans can be irrational when come to investing. They bought into his charisma and futuristic outlook. It shoots up faster than for the stock price to come down gradually but yes, bits by bits as reality sets in. Still, any positive news about Elon Musk will spike the share price but any bad news it usually takes a while for it to come down-gradually!
Is that the reason why China imports hit highest in April before China is also going to do likewise to US in exchange? when tariffs hit, economy suffers!
And do you realise the more positive you talk about a stock, the stock goes awry and vice versa? We are somehow (like it or not) manipulated by the news! So be the contrarian which will help profit you.
Tesla Stock Dips. A Departing Exec Says What Everyone Is Thinking
Seriously if really want to wake up TSLA, selling its share will be a time for EM to realise people are important and not to support him, right? But is the message by the departing head of product powerful enough to cause this? I doubt so but you never know... let's be objective
Tesla Stock Dips. A Departing Exec Says What Everyone Is Thinking
If there is going to be a rate cut, which I don't think so likely even in June... it is going to skyrocket Google and Apple shares price which will create another headache for the Fed to reduce inflation so I think likely it is going to wait till end of Q3 just before election!! Revisit this when the time chat when the time comes!
The stock market has to 'make money', even if some companies are doing badly, the irony is that it still goes up because rate cuts are coming!! Just so warp: against any fundamentals, the stock market is not for the faint hearted! So if you are betting against the market, think again :)
From now till June is another month before the Fed decides on the rate cut and whether they will do so... er still unknown, keep buying the stocks you want as they will eventually rise!
It is strange how the market behaves when the chances of a Fed cut is high but the stock market is not peforming to its best while jobless rate shoots up! Trouble is brewing but investors can be positive about it, in the hope that everything will turn out well before signs showing any positivity! I bet that the Fed will be even more discouraged to cut rates so quickly if the market continues upward thrust, let's bet!
Pre-Bell | Weekly Jobless Claims Jump to 231,000; Roblox Tumbles 30%; Arm Sinks 8%
$Tesla Motors(TSLA)$ But like any human beings EM is bound to make mistakes and he is also honest about TSLA will face difficult challenges this year 2024, decreased sales and all, etc. But like I said before, he has more fans than unhappy, dismissed employees!
If not how can the Fed justify the cuts in interest rate? Something has to give. If economy is doing well, then employment should be healthy but gains in employment last reported was much lower than expected but inflation remains sticky. some sectors do better than others of course but the general picture must be even if the interest rate is not cut, people can continue to buy houses and cars comfortably at a healthy rate and not drop. Only when China relaxes rules will then people are confident enough to buy houses as seen today. So when will the Fed reduce rate? Something has to go give..
Oh my how is this seen as positive by the Chinese authorities supporting its FSD?? But what needs to be done for TSLA is to consolidate its resources before making it great again, at least by end of the year please.
Tesla Ramps Up Job Cuts in China as Sales Slowdown Bites