markets are super tough right now - important to put things in context when looking at individual stocks
$TSLA is holding up relatively well , probably because it has underperformed by a lot
$SPCX continues to fly too high imo, valuation is hard to defend in the current environment. Long term it's obviously a no brainer, but I don't see how it can hold up over the next 6 months with more sell catalysts coming.
$NVDA and $MU, as well as other semis, are now ridiculously undervalued but short term momentum is against them.
I am still holding back with $SPCX, probably until Nov.
$TSLA can surprise with Robotaxi and probably WILL, over the next 6 months, but we don't know when. Risk is that we see a market crash in Q4, which would drag it down.
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