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Gold/miners might get whacked tomorrow look out
Got 255 calls for 1.40 not bad
They’re gonna cook the numbers tomorrow so nicely, and then Fed zombies will come out next week and talk about not thinking about rate cuts again to confuse traders, while the market pumps hard asf. Shorts covering will push the market to new highs again. Not hard to predict
Mostly buying from here likely, due to cooked PCE numbers tomorrow’s pump
Genius Cathie Wood must be buying more today
TLDR because the Fed printed us into oblivion, that is literally the only fundamental reason why it could happen. It will also go very terribly bad if liquidity dries up for any reason, though
Are we done buying the dips yet?
Congrats! I def got smoked on that put trade
Retail dash for trash ended in an evacuation drill
CCL 12/22 17.50 puts .42 - earnings tomorrow pm
I got puts I see $16 after earnings
GIS -3.2%
Got some BAC puts
Market ignored FedEx all day
Zuck must be dumping more before he goes to answer for his and Metas “alleged” crimes
Yikes! You sure about that?
I got stopped out I’m done for now
Ruh Roh
Tesla Has Been Cutting Corners For Years, Blaming Defective Part Failures On 'Driver Abuse': Report
Tesla Inc (NASDAQ: TSLA) has reportedly been blaming customers for part failures even though the EV company knew the parts were defective.
What To Know: Tens of thousands of Tesla owners have experienced premature failures of suspension or steering parts and many of those customers were left to foot the bill, according to a Reuters investigation.
After reviewing thousands of Tesla documents, Reuters found that the premature part failures have plagued Tesla for at least seven years. The problems span Tesla's entire vehicle lineup and have been widespread across the globe.
The report details experiences from more than 20 Tesla customers and includes interviews with several former Tesla managers and service technicians.
Tesla owner Shreyansh Jain, for example, told Reuters she bought a new 2023 Tesla Model Y earlier this year before the vehicle came to a "grinding halt" one day later. With just 115 miles on the vehicle, the front-right suspension collapsed, causing the Model Y to stop in the middle of the road.
The repair costs totaled $14,000 and Tesla required Jain to pay for the repairs as the company said the accident was caused by prior suspension damage.
The report indicates that Tesla engineers referred to the problems internally as "flaws" and "failures" and suggests that Tesla was well aware of the frequency and extent of the problems, but failed to properly disclose such to customers and regulators.
The company also sought to pin repair costs on customers despite tracking the issues for years, according to Reuters. Unlike traditional automakers, Tesla sells directly to customers and owns and operates many of its service centers, which gives it real-time visibility into part failures.
Reuters also reported that Tesla CEO Elon Musk regularly dismissed safety concerns related to customer complaints and instead pushed to roll out new products and drive sales despite being aware of part flaws.
From Last Week: Tesla Issues Massive Recall Of Over 2M Vehicles Over Autosteer Concerns
Between 2016 and 2020, Tesla reportedly received more than 400 complaints related to aft-link failures in China. Records reviewed by Reuters showed that Tesla redesigned the part four times in an effort to fix the problem.
Tesla avoided recalling the vehicles until China regulators made the issue public. China's State Administration for Market Regulation noted that the aft-link failures put drivers at 'risk of accidents.' Tesla still did not recall the vehicles in the United States or in Europe and instead told regulators that the failures reported in China were being caused by "driver abuse." The EV maker also reportedly instructed its service centers to blame similar part failures on "vehicle misuse."
According to the Reuters investigation, Tesla owners have filed approximately 260 complaints with the National Highway Traffic Safety Administration this year related to steering and suspension problems. Tesla has less than 1% share of vehicles on the road. For comparison, GM has received 750 complaints and has 21% share and Toyota has received 230 complaints and has 15% share.
Reuters indicated that neither Tesla nor Musk responded to their detailed inquiries regarding their investigation.
Read Next: Tesla Executive Says Senator Blumenthal's Autopilot Claims 'Misinformed,' Invites Meeting With Safety Teams for Clarity
Photo: courtesy of Tesla.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
"FTC Proposes Strengthening Children's Privacy Rule To Further Limit Companies' Ability To Monetize Children's Data" - FTC
https://www.ftc.gov/news-events/news/press-releases/2023/12/ftc-proposes-strengthening-childrens-privacy-rule-further-limit-companies-ability-monetize-childrens
“Proposed COPPA Rule would require targeted advertising to be off by default, limit push notifications, restrict surveillance in schools, and strengthen data security”
5 Stocks Poised for Growth in Papua New Guinea's Golden Frontier Amid Record High Gold Prices
“Papua New Guinea, boasting world-class geology and home to multiple renowned mines and deposits, is fast becoming one of the hottest mining jurisdictions globally. The active involvement of industry titans Newmont (NYSE: NEM) and Barrick (NYSE: GOLD), the world's largest and second-largest gold mining companies, respectively, underscores this rise in prominence in the region.”
https://finance.yahoo.com/news/5-stocks-poised-growth-papua-100000235.html
News Direct
Wed, December 20, 2023 at 2:00 AM PST
I think you’re right it looks like MM accumulation. I bought some Jan calls today. Also have stops in place for those, will just wait while they shake the tree
Higher low so far today
Run Forest, run!
"Behind Instagram Head Adam Mosseri's Mixed Record On Youth Safety" - The Information
https://www.theinformation.com/articles/behind-instagram-head-adam-mosseris-mixed-record-on-youth-safety
Correlated nicely with the largest money printing campaign ever
Big momma haha gonna lose big lmao
24.50 was good enough
Tomorrow oil up stonks down
U.S. Warships Head to Red Sea, but Shipping Firms Remain on Edgefe
https://www.wsj.com/world/middle-east/red-sea-attacks-worry-shipping-companies-even-as-u-s-sends-warships-382cdafa?mod=RSSMSN
Gonna lose money here
$HOOD +6.3% 12.69 still on sale $$$
Breaking out again, targeting $45 now
For sure, the runway is wide open for Rivian until the Lightning pickup production ramps back up
Might hit $25 today, I will have to sell some shares to lock in the quick 50% gain
I am busy picking out the color for my new lambo
Bought some 6.70 and put in a stop
Sold the rest for $125
I have January calls cmon squeeeeeze
Right, but seems like no shortage of money sloshing around in the market since the Fed printed way too much, so we have to stay FAR ahead of these developments