The electric car sector is zipping higher today, perhaps due to enthusiasm around Tesla, much higher MPG requirements for gas-burning vehicles, or just an ‘on sale’ mentality from the investing public. Tesla, being by far the largest of…
What’s going on in the social media world, particularly with publicly-traded companies, is pretty interesting today, thanks to the news that Elon is gobbling up a huge chunk of Twitter (TWTR) which has sent the stock vaulting on huge volume. …
As revealed by a Gallup survey conducted directly around the time of the Taliban’s return to power in Afghanistan, an overwhelming majority of 94 percent of adults rated their lives so poorly as to be categorized as ‘suffering’. A further six percent w…
In a quarter marred by supply chain interruptions and a brief factory closure in Shanghai due to China’s strict zero-Covid policy, Tesla managed to avoid a production slump in the first three months of 2022. The world’s largest electric car maker built…
Below we see Elon in 2010 reacting to Jim Cramer’s declaration that the Tesla IPO was not a good investment. Elon correctly points out Jim Cramer is a “contra-indicator“. I would also mention that Tesla went up 200-fold after its …
Nations that fail to adapt to the end of financialization and globalization will unravel.
Well, I honestly don’t have much of an opinion about crypto either way, but frankly, I’d be concerned at this point……………I offer you this news item: Actresses Gwyneth Paltrow, Reese Witherspoon and Mila Kuni…
FEEDLet’s talk about the bond market and yields. We will kick off with the number one guy in fixed income at the investment giant Charles Schwab. Only the Lord knows how much this guy is paid, so he must be brilliant. Let’s see what he was …
Inflation, a Hawkish Fed, Spiking Bond Yields, War, China and Acute Instability. Where to begin? When it appeared less likely the War was spiraling out of control, it was time to squeeze the shorts and force an unwind of bearish derivative positions. Longer-term developments – including a momentous reshaping of the “world order” – are essentially irrelevant to stocks.
FEEDDuring the preposterous run-up in prices that terminated on March 29th, one of the first sectors I wanted to re-short was semiconductors. I got puts on AMD (July $130) and NVDA (July $300). How pleased I was yesterday morning to see Jim “I…