DJIA, NYSE, S&P = CRASH!!!

[Zippyjuan]

Starting in on your dire market projections for this year?

There is always a crisis just around the corner. As for that decline of eight days (didn't make it to nine):

Still, it's important to note that the Dow remains up 12% since the election and the eight-day losing streak only knocked it down by about 1.6%. By comparison, the August 2011 stumble wiped 7% of value from the Dow.

 

[devil21]

Tesla is now the most valuable car maker in America. A sure sign of a healthy free market.

The Fed must be just pumping money into certain "target" social engineering stocks like Tesla and Amazon. The absurdity of Tesla being the most valuable car maker is...just too much.


Some pics from my local Tesla dealership:

 

[oyarde]

Tesla is not a real car . Just expensive junk for stupid people .

 

[Dforkus]

Tesla is not a real car . Just expensive junk for stupid people .

Junk? Have you ever ridden in one?
I have, pretty damn nice

 

[oyarde]

Junk? Have you ever ridden in one?
I have, pretty damn nice

How is 'merica gonna be great again if you are riding around in a fake car instead of being productive ?

 

[dannno]

Tesla is now the most valuable car maker in America. A sure sign of a healthy free market.

The Fed must be just pumping money into certain "target" stocks like Tesla and Amazon. The absurdity of Tesla being the most valuable car maker is...just too much.


Some pics from my local Tesla dealership:

Looks pretty successful to me, they are totally sold out. Most dealerships have so much inventory they don't know what to do with it.

 

[oyarde]

If I had to choose , I would take a new Ford over one of those things .

 

[devil21]

Looks pretty successful to me, they are totally sold out. Most dealerships have so much inventory they don't know what to do with it.

That sound you heard was my point flying over your head. I'm guessing you haven't seen the average Tesla dealership. The one in my city has about 20 cars on the entire lot and most are way out of the price range of most buyers. There's gotta be some "redirection" of money invested into Tesla going into something else. SpaceX? Or is it yet another Fed funded social engineering company (autonomous cars) like Amazon?

Good recent write-up on Tesla: http://fortune.com/2017/04/11/tesla-market-cap-general-motors-ford/