To The Moon

Looking at the market, it seems unnecessarily optimistic as they pine for a "Christmas Rally". This seemed unnecessary because the sentiment at large is that rate hikes will continue as inflation has not reached optimal levels. It is, in my opinion, better to be realistic to realise that macro conditions have not changed much. On this note, I urge investors not to be deceived by temporary rallies unless you know when to sell.

$Tesla Motors(TSLA)$  is continually reaching new 52 week lows. In my opinion, it is expected with Elon Musk's disregard for investor confidence. As he sells off most of his stocks so it will be less reliant on investors' confidence (my opinion), his increasingly unpredictable behaviour is causing havoc to investor confidence. I thought that since he wants to manage Twitter his way, he should stick with it and see things through. What's the point of boasting that you will sleep in the offices of Twitter, only to set a poll to ask if you should step down? My thoughts is that he wants to use a poll as a platform to deflect responsibility if Twitter does not do well. If this continues, I do not know if Tesla can recover. Even if it does, will it be stable? 

As for the rest of EV stocks, my take is that production, although initially affected by strict measures, production will continue to be affected by increased number of Covid cases. My take is that $NIO Inc.(NIO)$  will continue to fall. 

As for tech like $Amazon.com(AMZN)$ , $Alphabet(GOOGL)$  , I feel will continue to fall due to recession sentiments. It will take a while for confidence to return. This will likely be when the rate hikes are more concrete.

@TigerStars  @TigerEvents  @CaptainTiger  @MillionaireTiger