Friday, March 08, 2024 7:06:37 AM
I knew that any fearmongering, and baiting by the usual rabble got a gag placed firmly in their mouths.
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The trouble is that if the economy is doing well, and the EV leader is seeing signs of slowing liquidity on production, this once leader is on track for it's movement as of late. Musk's forecast for 2024 during earnings was the red flag. February sales too. March has to perform better year over year to give any hope of a reversal. If anyone wants their stock to grow here, convincing Tesla sales is at the heart of it. I switched to Nvidia for gains awhile back when it was highly apparent that they hold a monopoly on their market. Semiconductor shortages announced at the end of Obama's presidency, the issues in the region between Japan and China, the artificial island and anything relating to Taiwan; those were all key indicators there, geopolitically. Add in the trending culture and shift from most talked about keywords in speech and social circles. It used to be EVs, but it's AI everything. Tesla post hype is feeling that strain. Nvidia has robbed investor attention away from it. The volatility in Tesla has waned substantially as well.
So when the market shifts it's focus, I have to shift with it. At the end of the day, we're here to make money, not marry the shares. So on that point, and considering this forum has limited exposure to it's volume of readers, I say all of this genuinely in hopes that you all do well in your positions too. GLTA. Stay liquid friends.
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