According to weekly charts we are at the top of a new bearish wave. He may be wrong about the exact point, but we know it's not all roses. Goldman is one of the big 5 banks, they are a part of the fed reserve bank. So we know they aren't to be trusted. Especially if you aren't part of the elite club. The old phrase goes "Buy the rumour, sell the news." Well all the news has been that we are in 'an official bull market.' Buffet always says be fearful when everyone is greedy. All bulls are now sounding greedy... be fearful. Look at all the non megacap ai firms, few are making money. (Like top ai picks in the asx like appen and brainchip) The megacap are profiting off of ai because of their base in more traditional tech.
S&P 500 Top Likely At 4450, Get Ready For The Bear Market Phase 2
#Musk However Tesla will struggle if the QC issues in their Chinese factory hang around like a bad smell. Remedies for the issue will be difficult to execute because the factory is in well, China. Having worked for an automotive company with a China based factory I know hard it is to maintain proper quality standards.
$Tesla Motors(TSLA)$ Majority of people fangirling over Tesla price fluctuations are those new to the market and inexperienced. More unpredictable than Elon himself.
Especially of late, themes are king. You want to find what is trendy and invest there. Many unfashionable stocks are underperforming badly regardless of stellar P/E ratios etc.
Not Disney. They are intentionally deaf to their consumer audience and blind to everything but their own agenda and ambition. They are the leading reason #gowokegobroke is trending.
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