Today's action bolstered our long term buy signal issued last Thursday August 4. As I said several weeks ago... it's time to start looking for the new market leaders as they bottom first and offer the best potential for big gains. minervini.com
Inner spy photos of first hardcore off-road vehicle of the high-end #BYD brand were leaked
#BYD will release new brand and logo in the Q3,+its first model, a hardcore offroad vehicle in Q4. Launch time is set in HY1/2023, price may range fr 800K to 1.5m
$TSLA Despite fundamentals, technicals or astrology, buying shares of a company whose CEO is deceitfully, eg his Twitter poll that later turned out to be not genuine, dumping material stakes worth tens of billions of dollars on retail investors who support him is not advisable 🚨
BYD vs. Tesla and the race (debate) for global “EV” dominance | EVsmart Blog
We must look at EV dominance from a holistic view rather than from sales volume alone. If anyone can challenge Tesla’s global EV dominance in that respect, it’s BYD.
Big, if true. Follows a lot of buzz/reports that #BYD would supply Blade batteries to Tesla. It would be a big validation for the China EV/battery giant as it looks to ramp up as a battery supplier to other automakers. $TSLA
With the old EV credits set to be wiped out at year-end under the new legislation, $F may be trying to get all the benefit (and then some) from credits while they're still here. Wouldn't be surprised to see other automakers follow suit - and then cut prices in Jan.
Today I'm feeling grateful for those in my life who have always pushed me to excel.
On my first day of work at IBD about eight years ago, the 🐐 himself William J. O'Neil told me:
"Always do more than they expect."
Working hard every day to live up to that and make him proud.
"Musk really wants everyone, including the judge, to believe this is about spam on the platform. It’s not. Honestly, it feels like Musk’s best bet for succeeding in this case is for the judge to be an idiot."
A data point that needs more data to interpret. Shorter MY wait times in China could reflect:
Weaker demand in China
Fewer exports to Europe (which could reflect weaker demand AND/OR increased/soon-to-increase Berlin production)
Just-increased Shanghai production capacity
What to expect from Wednesday's July CPI report. Headline inflation should cool to 8.7% thanks to cooling gasoline prices (which will also provide relief in Aug.) But core inflation is seen rising to 6.1%. That will worry the Fed.