Not really but there has been some pain. If you think the market is rough. You need to gird your loins. This is still an over priced market that smoked too much hopium. Cathy Woods call for 3-7k Tesla shares in 4 years. With a 3 trillion market cap. Currently tesla is more valuable than the top 6 automakers in the world combined. Worse still is Tesla has shed 250 dollars a share in the last few weeks. I was too logical to make these investments but I still believe this will end in tears.
We’ve had weeks, WEEKS, of “corrections” since January it seems. I can’t help but notice this. I’m a novice investor but I can’t shake the correlation. It’s due to the treasury yield increase, it is effectively drawing money away from stocks and back into bonds.
Not really but there has been some pain. If you think the market is rough. You need to gird your loins. This is still an over priced market that smoked too much hopium. Cathy Woods call for 3-7k Tesla shares in 4 years. With a 3 trillion market cap. Currently tesla is more valuable than the top 6 automakers in the world combined. Worse still is Tesla has shed 250 dollars a share in the last few weeks. I was too logical to make these investments but I still believe this will end in tears.
We’ve had weeks, WEEKS, of “corrections” since January it seems. I can’t help but notice this. I’m a novice investor but I can’t shake the correlation. It’s due to the treasury yield increase, it is effectively drawing money away from stocks and back into bonds.