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After serious and ponderous contemplation, I have decided I vastly prefer this Monday morning to last Monday morning. Of course, the amount we’re down more modest than what we were up the prior Monday, but red is red, and all of my twenty-one short positions are looking forward to dropping at the opening bell.
Well, I’d say I’m 3 for 3. Allow me to explain. Here are the predictions I made in 2024, which I reminded folks about on Inauguration Day:
The most important part of the Tesla conference call which just took place, and which blasted the stock higher in spite of earnings weakness, was as follows:
So, there ya go. Perhaps someone wants to quibble that “significantly less” isn’t “leave.” Uh-huh. Well, I’d say close enough, and I’d also say “significantly less” is going to be a lot closer to zero than you think.
They said it couldn’t be done, but my IWM target was met (circle) and a bit more!
