Search results

If Powell freaks the market out tomorrow, I don't think we see one.

TSLA has been a tasty short. Elon selling his shares is pushing the company down (like there needed to be a reason for it to be lower). That is all.

I've been busy. Thanks.

I actually bought more at these levels. Been eyeing some BKNG and ABNB anyway, they were on my shopping list.

Sometimes, you can short a stock after people get done short covering. Stock went up 20% on the news, which wasn't that great and ended up even. So if you timed it right, you made a killing (20% in a few hours). Was like taking candy from a baby, the news wasn't that good and the market for...

OK, worker shortage is the issue. 5M people missing is gonna hurt. For a long time. If we have 11M open positions, and only 2M more people in the actual work force, we are pretty much fucked. Literally, what Goldman Sachs is arguing we are at unsafe levels of unemployment, and we'll have...

if not immigration, how do you plan on filling 5 million open positions?

I honestly don't care for politicians and shit on them all. As a business owner, I don't want to see articles like that. This last year has been horrible finding CDL drivers. Trucking wages in my area are up almost 40% from last year. I have my guys that have been with me for 10-20 years...

This is not good, this means very little Economic growth for a long time, if true. And this would not be Biden's fault, it would be covid's fault. Trump is the one who shut down legal and illegal immigration. If these numbers are true, we need to be giving out millions of work visas. That or...

Makes sense. I heard on CNBC in China its even worse. Something about the drivers have to wait up to 48 hours per load.

Not sure if these assumptions are accurate. $4 an hour for Truckers in California? Trucking firms don't want to add staff? https://www.businessinsider.com/how-to-solve-supply-chain-crisis-truck-driver-labor-shortage-2021-11?fbclid=IwAR2AzXaRbiW90Swdx8KC2Ze7E33b6PeFDvhn0-OyPdIWX6SaiBII0yS0m5A

tldr version: one last surge in California and the tri-state area before its over. It will get somewhat worse everywhere as we enter Winter and people are indoors more. But covid should be just about done by January. He's been the most accurate forecaster on covid.

When I first started trading in February, I didn't know when to take a stop loss. This helped. And then eventually I got software that did it for me in real time, so I didn't have to fool with calculations...

So gains/losses for the week are 498, 1,634, -1,300, 180 and 825. These were paper trades on TSLA, I'm all in on my swing trades and investment right now. I've been doing really well with TSLA the last couple of weeks. But Elon Musk tweeting on the stock sale has made it more volatile than...

Its called risk management, and apparently, he had none.

There's no way to change that quote or misinterpret it. Sometimes, politics touches stocks and you can't separate them. But this is going to be a huge derail, so take that over to the political thread. I'm not arguing politics.

I thought you were the one that was supposed to be super high IQ? "“The irony is people have more money now because of the first major piece of legislation I passed. You all got checks for $1,400. You got checks for a whole range of things,” Biden said during a speech in Baltimore. “If you’re...

Wow, he actually admitted it. https://nypost.com/2021/11/10/biden-says-covid-stimulus-checks-fueled-spike-in-inflation/

We are very close to being booked until January of next year. I purposefully spend a ton of money advertising, because December can be super slow. Not bad for it being our offseason. You have to know your seasonality, so you can adjust. So the trick is, keeping people on schedule when I'm...

So Rivian, having not sold one unit, is worth 40% more than Ford, who has invested in the company? Why would people pay that?

And yet, between inflation and Evergrande, look at all that panic selling.

My God, CDL drivers are getting expensive. And they talk shit and push boundaries, because they know they can get a job in five minutes. It is very hard for a small business to compete when Coca Cola or Pepsi is offering them $28 an hour.

Trying to trade TSLA while I'm interviewing is not good. Good news is, I'll make 800 more a day from the Employee. The bad news is, I'm buried in a trade. TSLA was so volatile this AM that the computer told me the correct stop loss was 4%! I really have to lock myself in my office and turn...

The answer to a self-inflicted problem, caused by government central planning, isn't more central planning. Adam Smith's The Wealth of Nations is required reading for anyone at a decent Economics or B-school...

Did that make sense when you typed it? The American worker has had plenty "fixed" for them. That's why they are sitting at home after the enhanced unemployment ran out. The Child Tax Care credit is that good, and the have more cash on hand than before covid, due to the stimuli. The #1...

First time I went to a plant, I couldn't believe the waste. 80 people in the room, and maybe 6 of them were actually working. The rest were standing around doing nothing. We couldn't lay them off, because the union would strike. Couldn't layoff one single person, literally nothing would get...

So inflation soars even higher. I'm not getting your point as to how that is going to lower inflation. Your argument failed on the first sentence of your post. Most of the inflation we are seeing is coming from labor shortages, which is driving up wages. You want to move production over...

I worked for a Big Three automaker. No matter what, the union takes the profits. That's the mentality, or at least it was, pre bankruptcy. Companies with unions tend to make below average profit margins.

Yeah, because moving production over here is so much cheaper. NOT.

If you can't pass on inflation to customers right now, you are going to go under.

There's a number being floated around that says all of the world's governments have printed so much money. Something like an extra 50T in the system, than before covid. Combine that with labor shortages, chip shortages, supply chain issues, and here we are. Hell, I've had to raise what I'm...

I have lost a lot of respect for Cramer lately, first from getting screwed over in actionalerts, and then when he was recently telling people to buy the dip on Tesla during its record run up. I still listen to him, but not as much. A person would be a fool to buy AMD or NVDA after they've run...

Ouch https://finance.yahoo.com/news/coinbase-slumps-reporting-lower-forecast-211843626.html

Guidance matters more at this point. edit: What am I missing here? Benzinga says WYNN had a double beat.

Interesting to see that the airlines and cruises are trying to detach themselves from oil and gas prices. Market can't seem to make up its mind whether covid or gas prices are more important.

That's why I've wanted to short TSLA, because when it falls, it falls hard.

I've been telling her she gets no dick until she sells something. Maybe that's why she isn't selling. She kind of sells in clumps. She'll have days where she'll sell the entire week's quota. The reality is the Estimators are closing at a higher rate right now, so that cuts into her ratio...

I am on them right now to make a sale. They've been with me a long time. I reminded them what it was like 10 years ago coming into the Winter. December and January are the slowest months of the year. I reminded them of the pain of taking Christmas vacation, and celebrating Christmas and not...

When you run your own business, goal setting is important. You have to have the goal be realistic, and keep it in front of everybody. We post in a thread when we make a sale, and track it. You have to keep people focused, or they don't know what to do. Everybody has a goal, everybody is held...