Haha, $tsla stock is going down soon, I swear! Shorting cult stocks is a hard problem, as owners are some of the most ignorant people on the planet. I didn’t expect it to be so hard, but the difficulty is obvious in retrospect. Nothing has more degrees of freedom than reality.
Nasdaq up 10% in a week. $arkk up 25% and $tsla up 20% on truly godawful news. Oh and all right at eoq
This couldn’t be a more classic bear mkt rally if it tried
I have been doing this more than 25 years
I have never, in my entire career, seen people more desperate (and I use that word very intentionally) to own stocks than they are rn
And tbh it’s not even close
It is absolutely amazing that $mstr, after being one of the key triggers of the 2000 crash, has put itself in position to…do it again!
Pretty sure that would be unique in financial history
Russia invading Ukraine
Inflation running hottest in 40 years, interest rates at zero and Fed hawkish
Canada freezing bank accts of protesters
S&P 10% off the highest levels in the history of the world
But everyone is too bearish
Jim Cramer on Elizabeth Holmes 2015...
"To me, it's reasonable to compare you to Steve Jobs and what he did for computing"
"I regard you as a visionary, next-generation person"
@JimCramer @EHolmes2003 @Theranos April 2015
BOOYAH! @CNBC
Just to be clear. The bull case here is that Ukraine defeats Russia, Putin sighs and turns the gas back on, while the global economy goes gangbusters and inflation magically falls to exactly 2% while the Fed cuts rates?
My wife, who knows zero about finance, told me today I should quit shorting since the mkt is “obviously” going up for the next year because Trump.
Also that anyone shorting $tsla is stupid.
I mean if this ain’t the fucking top....
$spx$qqq$tslaq
What a massive coincidence @elonmusk warns of a sales miss *immediately* after dumping $10bn of $tsla shares
Just when you thought US capital mkts couldn’t possibly become more of a joke…
It really is impossible to overstate just how historically insane the past two weeks have been
Even for bear market rallies this is off-the-charts craziness
Vix 20
Not only is no one bearish. Ain’t no one even mildly concerned about buying stocks rn
This is one of the riskiest markets I’ve ever seen. And nobody is buying protection
It is truly ironic that Tom Brady, who has been famously selective about endorsements, will end up being remembered as one of the bozos who pumped crypto at the absolute top
$btc
The last time @elonmusk sold stock, $tsla magically levitated 30% in a week or two right before
He needs to sell again. Amazingly it’s up 25% in the past week
Dude’s luck is absolutely unreal
As soon as @elonmusk dumps his shares, $tsla will cement its status as the largest and most successful pump and dump in the history of the world.
Truly a remarkable achievement
Memo to $tsla bulls:
When the CEO of a *car company* says yeah, don’t worry so much about our car biz, instead focus on this shiny thing over here that will be bigger than the entire US economy…that’s a pretty big tell
I know everyone thinks Powell cucks out
But. He’s said publicly he wants to be the next Volcker. And he will never have a better chance than right now
Just sayin
It’s not just that this won’t end well
It’s that the ending will be so catastrophic it’s basically impossible to imagine
How many people have their life savings in $tsla. Or $gme. Or $amc
This is gonna make 08 look like a speed bump
The $amc apes thesis is that $amc goes to six figures, thus bankrupting the global financial system, while they walk away the only winners.
I wish I was making that up
PSA to $tsla bulls: If you get margin called today, it is 100% because @elonmusk faked the $htz deal so he could dump stock at higher prices.
Cuz saving the earth
I’m gonna go out on a limb and say people haven’t really thought through the longer-term implications of US capital markets morphing into a front for legalized fraud, theft and graft
Maybe the most amazing thing about this mkt is the number of people who seem to believe that once the Fed “pivots”…we just go right back to the 20/21 bubble
Lol y’all that ain’t how it works