Long Position on Silver and Gold?

[MrPrena]

"Quite the Bear"

[Justin]

What is going on with Telsa? I don't think it is squeezing short[tards] reason alone.
580 to 960 in 4 trading days.

Tesla Fantard 1: Tesla Shortard 0

Long story short, Tesla has cornered the market on EV development, manufacture, and sales.

They've been quietly buying up a lot of smaller companies in the battery and energy storage field, and have continually dumped R&D money into getting more juice for the buck, current stats are showing that Tesla is getting close or has already broken the ability to stick 400 miles of charge on their higher end models. Additionally, they also, supposedly, had a crazy high number of people who have put in reservations for the Cybertruck and have solid roadmaps for deployment of solar roof.

[TRnCO]

and have solid roadmaps for deployment of solar roof.

wonder how big of a hail stone the solar roof can handle. Talk about expensive to replace. Probably not something I'll be signing up for any time soon.

[MrPrena]

Sucker rally?






"Remember my financial advisor at JP Morgan said to dollar cost average!"
^

[Irving]

wonder how big of a hail stone the solar roof can handle. Talk about expensive to replace. Probably not something I'll be signing up for any time soon.

I've been on thousands of roofs and solar panels are getting more and more common. I can count the amount of broken panels I've seen on my hands. That's panels total, not roofs with broken panels. That doesn't say anything about how well the solar roofs will hold up though, because I don't know anything about them, but I bet they will be substantially tough. The most basic solar panel is WAY more durable than even the most expensive roof material.

[BushMasterBoy]

peace & troop withdrawl in afghanistan. my understanding is this mountainous nation has large deposits of lithium. i'm gonna buy a corvette before they are outlawed...I almost bought a supercharged 610HP 7.0 vette this weekend, it lasted 18 hours at the dealer. Was delisted by Mon. AM...it was a $125K vette & they wanted $35k

[MrPrena]

Vix went up 40% today alone!

[MrPrena]

Some analyst said it is panic selling.

NOT TRUE.

Many people are taking profit off of decade of bull market.
Maybe they wanna cash out some and buy a car/house/cyclicals?
Some might be just diversifying into precious or oil?

[MrPrena]

IMO, technical looks more bullish than what some analyst says, but fundamentally speaking, it should be bearish.


https://finance.yahoo.com/news/recen...184618023.html

Recent rally could be a 'bear market trap:' Miller Tabak strategist
Ines Ferr?Markets Reporter,


The recent rallies on the Dow (^DJI) and S&P 500 (^GSPC) have some investors wondering if the worst of the market declines amid the COVID-19 pandemic are over. The Dow, which rose more than 1100 points on Monday, is trading around 20% above its’ 52-week intraday low from March. The S&P 500 is up around 16% from its’ March 23rd low.
Yahoo Finance•April 6, 2020

[earplug]

Lots of paper money hit the street and the street bought stocks. Thats the same reason the market has gone up since the last crash. We don't call it inflation.
When the next stimulus hits the street the market will go up again. Your pay check and savings will be adversely effected again.