We are 4 months away from an election.
https://www.google.com/amp/s/www.ba...e-theres-more-than-just-a-fed-put-51592615105
Is the Nasdaq blowing higher than the fundamentals ?
- Thread starter MacroTOMI
- Start date
https://www.google.com/amp/s/www.ba...e-theres-more-than-just-a-fed-put-51592615105
Read this article from Barron’s. May be you need to educate yourself a bit
Maybe you need to learn how to read. Did you even read my post? Were you looking at the markets over the past 6 corrections? Your belief in the Fed on the basis of how much the market drops is stupid. It doesn't happen at 5-7%. Be lucky it has been happening at all.
And sorry, but if you did not know, Barron's is behind a hard paywall. So we cannot read it.
Although I agree, there are I think a couple of noteworthy points. First, I think Elon said that by the end of the year, Teslas will be fully autonomous. Of course this has been said before, but if you imagine for just one second that this is true, you could probably put an entire year's worth of production, 100,000 cars, into taxi service right away. This will kill Uber and Lyft, and take over many other businesses, like delivery. Imagine ordering something and just waiting for the car to pull up to the house and you running out to take it out of the trunk. Heck, even picking up your Amazon package in a car that pulls up to your house would be pretty sweet.
Now I don't believe for one second this will happen this year, too much regulation even if technically it is possible, but this is the future. Maybe 3 years, maybe 5 years, maybe 10, but you will for sure be able to sit in a car that drives itself and have it take you somewhere without any human having to do anything. Perhaps all the Robinhood traders are thinking the time is now and scooping up every share. And like I say, its not just a revolution for you getting around, its a revolution for packages and food getting delivered. So add up all those other industries that might suffer with Tesla autonomous tech stealing the show.
Next, there has been some news about Tesla releasing new battery tech very soon. If they get to the level of having 700-900 miles range, that is perhaps the upper limit of what most people want to drive in a day. Then charging overnight will be a non issue. So in this case, the ICE has lost the only advantage it still had left.
I think the case can be made for Tesla to achieve market domination in many sectors, but of course it might just as easily run out of money before then. But because of the two above points, I can see they have a 1 in a 1000 chance of perhaps really revolutionizing the world even more.
Historically and fundamentally, no. Q's net eps was down about 70% for a year in 2017 and was up almost 20%. p/e is 28 now. if p/e reaches 35 then I may agree.
Love all the disinformation and I know better than the stockmarket attitude, so it must go the way I want it to. The big boys are probably, laughing their asses off while, they take the ignorant retail traders monies. Earth to Mars, it is the big boys (hedge funds, mutual funds, brokers and banks) who move the stockmarket. How the hell can anyone miss that?
How come???? Ohhhhh that's right because the market is always forward looking and that only means it has to be positive when you look out 6 months 1 and 3 years. Nothing is ever negative when pricing in "future growth" on wallstreet. Its always happy happy happy days,, fresh smelling roses and juicy watermelons right to the very core!!!
Markets will never never never never everrrrrrrr revert back to fundamentals. Its too late now. The fed is the market and will always be the market.
First rule of economics - markets always always always find equilibrium - ask the tulip sellers