I haven't traded cryptocurrency in a long time, but my interest in it has been renewed lately as I'm convinced the global economy is heading for a severe recession in the immediate future, and I believe crypto can perform well in such an environment and should be part of your portfolio, along with gold. However, what concerns me over the coming few months is the...
So I just opened a long position here on LYB based on fundamentals and long term technicals. From a fundamental perspective, the company has the second highest forward dividend yield of any S&P 500 materials company (5.76%), the second lowest trailing P/E ratio (7.65), and a reasonably low total debt to total asset ratio (65.15%). NASDAQ.com's earnings forecast...
I haven't given my opinion on Tesla's stock in awhile. I'm gonna make a few points about the broader market and economy and then talk about TSLA specifically.
I'm not invested in stocks at all right now. I liquidated everything last week. I'm only going to trade in and out of stocks very quickly until we get some optimism on trade again or the market crashes...
You can check out my last post on TSLA where I correctly predicted that if we closed below the 100-month moving average at $189 at the end of May, we’d test the $175-$180 range and I recommended going long if that happens. I also provided some fundamental reasons, both long term and specifically for Q2, for why you want to be long TSLA.
Ever since Musk’s email on...
I'm bullish on Tesla NASDAQ:TSLA for 3 reasons:
1. I believe in the company long term. Eventually, 100% of vehicles on the road will be electric, including semi and pickup trucks. This is due to both economic and environmental reasons, in addition to a superior driving experience. And Tesla, as the most prestigious EV brand with an iconic CEO, will have...
