There was a guy from ARK on fast money last night, and he liked TSLA, CAT and DEERE for AI.
Powell is stupid. My thesis holds. :)sheez........
nothing that interesting was said..... but, once again - this guy (who I actually like) is gonna have his judgement and ability to handle things questioned........
Does his cell phone not have caller ID?sheez........
nothing that interesting was said..... but, once again - this guy (who I actually like) is gonna have his judgement and ability to handle things questioned........
I can see that.....AI helping with the design and manufacturing of such products. If AI starts impacting the industrials, look out! Everything AI to the MOON! Including NVDA. :)
I was assuming the machines do the field work themselves, with an ability to read terrain, conditions, weather etc. And collect the info along the way.
I feel like TSLA is this centuries Bell where Bell went from the light bulb to so many important technologies and endeavors.
It means, the big boys are just getting bigger and more important. Sometimes the winners stay the winners for a long time.
Flight to quality has been a narrative. Especially with Banks being a concern(and a drag on the S&P).
yup... thinner and thinner rally - and forward-looking multiples on those few winners getting sky-high...
TSLA is still relatively early in its development. Right now they're lowering costs because production is exceeding capacity on the Y and 3. The next big leg up in the story will be when they move from the early adopter phase of their life cycle to mass adoption. The catalysts will be: 1) come out with a $25,000 - $35,000 model, 2) roll out the Cybertruck and 3) expand the charging network.
I think there is a Baron or Morgan Stanley fund that has a crazy TSLA position. As for an ETF look at PP. That one should have a large position as well.
Personally I'd take some off the table for some of the FAANG names. After some of the pops from earnings, I've sold some of the higher priced shares that I accumulated on the way down. Get out a little in the green for those shares and it brings down the avg price of the rest that I'm still holding and less worry over any pullbacks after these big runs up.
GDP for Q1 came in low at 1.1%. This essentially ends the Fed's rate hiking (unless they want to create a true depression). Please remember, the stock market is very forward looking. We are very close to the end of this economic cycle and bear market. Perhaps one more significant dip, but I am officially in buy mode.
AMZN's turn to go KABOOM! Huge beat. Solid guidance.
Amazon stock dips as uncertain cloud outlook overshadows revenue beat
Amazon reported first-quarter sales on Thursday that beat analysts' estimates.www.cnbc.com
Up 5% today already. More rally to come for AMZN, especially as the cost cutting efforts improve the bottom line.
Good move by Jassy. They were sandbagging on the call and setting up another big beat for Q2. Smart investors will see through this.
Now is the time to buy any reasonable dip. This economic/bear cycle is coming to an end with GDP only at 1.1% and the Fed wrapping up. I'm itching to get the rest of my bonus cash in the game.
Rid yourself of the idea that TSLA is a car company.
