Selling some TSLA for $420

Yes, yesterday was just a tad of a bummer for the shorts. I absolutely will lose sleep tonight over my sympathy for all of them. In a couple years when I have my FUNDING SECURED moment, there will be a new Model Y in my driveway. Getting closer every paycheck.

 

i'm enjoying the ride, even without the car or stock

 

$402.

$404.

 

Hit $406 today? Woa!

 

...and the Market is up 52.9 percent in the last 3 years.

 

(sigh) yea - i could have moved $200K from the 401k into the self directed IRA stocks .... but i was too stinking cowardly. oh well ....

 

Isn't that sort of like watching people on a roller coaster instead of riding on it?
Come on...get a ticket and at least take a short ride

Mike

 

i'm considering selling my facebook and buying tesla. not at 400 bucks though. i'm also considering model y. but other than that, i don't have any desire for either, i just don't drive much anymore.

 

If I had played the market (other than worrying about my 401k), and had bought TSLA at their mostly low points over the last couple of years, a future Model Y would have already been "funding secured."

 

yep. you could have bought a lot of stocks this year alone that would have funded a model y by now.
that's why they call it betting.

 

Some Kool-Aid drinkers keep believing that jobs creation has increased under this Administration. If so, it sure doesn't show in the Bureau of Labor Statistics' employment numbers.

Here is a chart of more than a decade's monthly net change in total U.S. employment (thousands, non-farm, seasonally adjusted, to Nov 2019). Since the end of the Great Housing Recession, the trend line looks very flat:

The average from 1/2017 to 11/2019 is 194,000 new jobs per month. The average over the previous 6 years, 2011-2016, was 203,000 per month. So the average under this new Administration has actually fallen a hair, but given the noisy data, I'll wager that the difference is well within ordinary statistical noise. I.e. no-one can rationally claim any change.

 

I get to see the percentage of people using their EBT cards at work, paying for (some of) their carts of food. That percentage has never decreased, and in an unbelievably great demographic that I live in and work in, that percentage is always alarming to me. As they drive up in their $70K BMW SUV's even, while they still have them. Stunning, really, how many people in the area are on state financial assistance. Fellow employees who need to utilize their own EBT cards actually shop for food elsewhere, so not to be found out or shamed. The economy, folks, is not in good shape. Maybe part of the stock market is doing OK, but overall, you need money to play that game; also time, guts and determination. Most don't have any of that and are hoping Social Security might some day bail them out. Hint: it won't.

TSLA. Dang! Hit $410. And because of... why? What next?

 

$418. market closes tomorrow at one, $420. Christmas present?

 

...and DJIA is at 28,572.15 +117.06.