$Tesla Motors(TSLA)$folks if you've no idea what is happening and why the stock is going up one moment seeing that there is some "DIP", please don't fall for the dips*&(?. Reason? T yields. Steepening of that curve leads to NASDAQ fall which drags all growth and tech stocks with it. Don't be the bagholder! It will just keep falling because the treasury bolds are being and will continue to be sold out. Interest rate hikes come next. This follow historical precedence as I've discussed in my previous posts. Don't fight the Fed. There is no one tech or growth stock that has escaped when liquidity recedes, interest rate hikes, T yields steepen. Not one. No "this time is different". Don't be a goondu

$SoFi Technologies Inc.(SOFI)$just read on Twitter someone who said he bought into SOFI just on Friday because he sees it as a bank.A bank? Then we can bring in PB from banks. Bank of America - 1.63Goldman Sachs is doing 1.44DBS is doing 1.53And mind you, these are good banks. Good margins, profitable and doing really well. And here we have a "Fintech darling", making losses. Not narrowing losses but growing losses. Yes revenue is growing. But so are losses. And going at PB 2.63. Not that I mind, as long as it can prove that at some point it stops that haemorrhage and starts being profitable. Now when the Fed was at a furious QE pace, its valuationcan be afforded at even PB 3 or 4 or 5. Meaning investors were willing to cr

$Tesla Motors(TSLA)$completely manipulated to draw in retail before making further way down. Retail just doesn't learn. "Oh the dip!" 

After going through countless of different categories of stocks, that include cyclicals, financial, growth, the concluding consensus is that growth is the way to go. And growth is not growth in earnings first. That is not how the market is valuing the stock. If not, then crappie stocks like CISCO would have returned to its dotcom highs and surpassed it. In fact, it has lagged very badly despite growing earnings by 4 x. So remember, not the earnings growth first. The market only looks at one thing at the start- revenue growth. How much are you growing and then, it looks at whether you will end up profitable in the long term. That ks why Amazon is 155,000% above IPO price, and despite dropping 90% during the dotcom bubble. Identifying the right ones early, dollar cost averaging through is al

$Tesla Motors(TSLA)$at market open, if you are still holding onto HOPIUM, I'd suggest don't. Let it go. I'm anticipating if the indices rollover by 20 to 25%, Tesla should hit the 660s. It sounds darn ridiculously impossible. But look at the performance these few days and extrapolate. Market goes down 1%, Tesla does 2.5%. So at a conservative rate, we should not be surprised to see it hit 30% to 40% down. If the selldown is aggressive, then 50% to 60%. Those who said "darn impossible for Tesla to go under 1000" are now faced with this prospect tonight. Just watch the indices rollover and you will fully grasp the meaning of how a stock is discounted. 

$Tesla Motors(TSLA)$looking at the supply chain woes, the next quarter reporting will look nasty. You can have all the factories but if you're not producing your mainstay products, you're a sitting duck for earnings plunge. The shareholders should exit at this juncture and wait for reentry about two quarters from now actually. And because the level of growth is already baked in, any shortage that is so depending on chips and the supply chain is completely dampened. The next two quarters will be a bloodbath because the fact remains - it cannot be sustained in reality as you don't have the parts to go. Some are calling for $500. I'm not sure where they are plucking that figure. But if I see a production line with no chips and no products to go

$Marqeta, Inc.(MQ)$take note - many of MQ's partners are reporting excellent earnings. $BILL$Bill.Com Holdings, Inc.(BILL)$has exceeded expectations in earnings, just released. Who powers its card offering? Marqeta. 

Stocks rallied during most of World War II, gaining 157.7% from 1942 low to peak on 29 May 1946. Brief bear market followed till 9 Oct 1946, lasting 133 days down 26.6%. Why? Fear of secular stagnation and a renewed depression.  Subsequent bull market lasted till 15 June 1948. 615 days up 20.8%. Along the way, 2 significant corrections of declines 14.7% and 14.1%.  Then a 7 year bull market of 1950s with 4 corrections during Korean War.  Then 1960s bull market, with a short bear in between for 99 days down 20.7%.  Then Cuban Missle Crisis which had a bear out for 196 days, creating a 28% dent. In this period, economy grew, despite the Missle Crisis which sparked Cold War jitters. This led to bull being led out for 1324 days, lifting market by 79.8% with just a 10.5% cor

Low volume trading becoming a common feature. Without proper economic data in play, big institutions won't be making major moves, at least not at this juncture. Watch closely for Fri. CPI likely to be elevated even with some level of cooling off entering in. The big question mark remains with oil. This remains out of Fed's control. And oil affects everything else, incl transportation/shipping/logistics. So here we have a slowdown of the economy, inventories are piling up. But this sticky oil problem is causing costs to remain high. A very interesting position. Where I think this might head ('might' being the keyword): Oil might just make a leg higher if the war persists and the supply remains muted. At $140, economists will start putting recession discussions on the table.&n

$Tesla Motors(TSLA)$I've immense respect for the team at Tesla, being able to pull off a very difficult feat. Top class performance. Once the supply chain eases, it should be able to pull off upwards even further. Amazing feat. Yes, I've been bearish because of the supply chain issues. Nothing wrong with their factories, which are top class efficiency. But they've been able to solve supply chain problems and get their materials even though the other auto manufacturers are faring poorly. So, congrats to Elon and team. Impressive indeed. 

$Tesla Motors(TSLA)$ underperformance relative to the market - must start paying attention, not a good sign. This selling is usually by smart money. Not retail fanboys who will HODL. This also calls the question out - Why? Dig deeper. This is notna good situation. And for a stock with such a valuation, it has to have sufficient narratives going on to sustain it. Otherwise, it will correct to its true value. And I know some folks don't like to hear what that number might be. But start digging and find out why smart money is selling out of this one. Hmmmm... 

$WUXI APPTEC(02359)$this wonderful business found strength in a weak market. A floor and then bounced and maintained levels. Some developments - https://www.globenewswire.com/news-release/2022/06/22/2466770/0/en/Sirona-Biochem-Contracts-WuXi-AppTec-to-Manufacture-Revolutionary-Anti-Aging-Anti-Wrinkle-Compound-for-Clinical-Trial.html Plus https://biospectrumasia.com/news/40/20615/wuxi-sta-opens-another-high-potency-api-plant-in-china.html

I like how Cathie Wood looks at innovation but some of her recent trades are a little brow-raising. TeleDoc$Teladoc Health Inc.(TDOC)$ deals with telemedicine and it acquired Livongo and BetterHelp during the pandemic to boost its platform telemedicine services. Eye-popping acquisitions with exorbitant prices. While I walked out with good profits on the investment and thereafter, the market sold down 90% from TDOC's peak. Is the business bad? Revenues are still growing 25% yoy, with the write down on paper losses of Livongo weighing huge. There's still a future for telemedicine and a good ecosystem built by TDOC. But it will take a while before Wood even breaks even. The 2020-2022 period is a good learning point for investors. One is to

$SENSETIME-W(00020)$https://pdf.dfcfw.com/pdf/H3_AP202203021550126947_1.pdfMarley Ngan and Bowen Li are you analysts from Merchant Bank who asked people to buy at HKD6.73 because their TP is HKD8.08 or a 20% upside. They published this in Feb this year despite a softening market and tech getting slaughtered. At HKD8.08, it is valued at 34x EV/sales. This is not extremely euphoric and optimistic. Right now at about HKD2.6, the EV/sales is just 11x which is far more reasonable. These two analysts need to review their models. Maybe the models are stored in a program called FOMO. Those who bought that up at that price are quite bruised. 

Those who are so bearish saying stocks will fall another 80% or go to ZERO may need to go through understanding valuations. The market decides the value of a business and votes with its money. How is a business valued? Few factors - growth in rev, profit growth or loss narrowing, growing Free Cash flow, ability to grow net retention rate, clear sizeable target Addressable market, etc. And the market is willing to pay up front for a future value because the business is supposed to provide a return either through dividends or stock price appreciation.So unless the business completely fails, there is a certain value tied to it that the market is willing to pay for it. That is where you as a discerning investor has to decide where this price lands - with the macro factors in mind. All things c

$Upstart Holdings, Inc.(UPST)$do the sellers know why they are selling for? High interest rates? Or generally not liking FinTech? Or because of Wedbush? Lol

$Upstart Holdings, Inc.(UPST)$ as the indices make their way down, tech will fall more at the beginning first as the FUD leads the market to over discount and sell out of them. Then after a while, the reverse will take place as other components of the indices that are more cyclical and value will start to be lined up to get shot. Tech will recover from the drop as they show forth strong earnings from quarter to quarter. Only the strong will thrive. The rest will be executed accordingly.