Replies to post #43684 on A.I.M. Users Bulletin Board (AIMUSERS)

[OldAIMGuy]

Hi Allen, Re: TSLA..................

I think it's steering its own path around the Auto Race Track.



Price/Book, P/E, Dividend/share are all better elsewhere in this sector. Everyone's earning $$$ except TSLA. Remember that much of its business model depended upon U.S. Govt rebates for buying an electric car.

Some bulls are slaughtered for veal, some live to ripe old ages. Our v-Wave doesn't suggest the end of the world is coming soon......



....even with Jupiter in it's closest approach in decades and huge asteroids approaching at warp speed I'm going to keep invested. What else is there to do?

:-)

[OldAIMGuy]

Hi Allen, Re: Market Risk.................

Here's another way to view the v-Wave data:



Here I've taken the median value and subtracted it from the weekly value. This, then, is added to the previous total for a cumulative effect. Over time if the risk has been above the median value the graph rises. Note how the graph here flattens out since the start of 2019.

So, the Cumulative v-Wave has been flat for much of 2019. For a very long time after 2008 the Cumulative graph fell and then leveled out. It then held low and level until the start of around 2014. Cumulative Risk had been building from then through near the end of 2018. Now it's leveled off again.

Here the slope of the line becomes the telling part. Zero slope like we have had recently says risk isn't building. Negative slope says risk is contracting and positive slope says risk is rising (all relative to the median value).