Indices & ETFs

I’ve heard about charging getting “faster and faster” for years and years now. It isn’t. And why would we need fewer charging stations than gas stations if it takes 5 to 10 times as long to fuel up an EV as it does a gas powered car?
As for me - just to give a couple examples - here are two things I couldn’t do right now in an EV. Visit my desert property a mere 3 hours distant and report for jury duty. No charging stations along the way or at the destination; round trip exceeds the range of any EV. The desert property has 220 so if I’m wiling to be car-less for hours when I get there then yes, I suppose I could make it work. But why would I want to?

Maybe. But after several years I never see more than two Teslas at the supercharger in Payson, and usually none. And there are no other superchargers for nearly a hundred miles in either direction.

It most certainly is. Even my newer EV charges significantly faster than the older one…

You are right that it will take time to deploy charging stations broadly. But it is going to happen. The benefits of EV are so worthwhile to manufacturers and consumers that charging station infrastructure is a given.

People can make good arguments for how long it will take. A lot of people obssess over when combustion engines will be gone entirely. I think that misses the point. Combustion engines will be here for the next century. But EV is going to grow at its expense for most common applications.

Dealers, repair shops, gas stations are all screwed.

No wonder Yall didn’t invest in Tesla, your analysis on EVs, renewable energy, and battery tech is God awful

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Tesla range is higher, the charger capacity is also higher and they are proprietary. They must be installed by Tesla only.

Where as the chargers for others car are different and is available every big malls. If Tesla needs to charge here, they need a special adapter.

Use PlugShare app, you will know.

If you do not have wsj acess, here is the PDF

Investors Pile Into Risky ETFs During Wild Market Rally.pdf

Investors Pile Into Risky ETFs During Wild Market Rally.mp3

What is new that we don’t know? That’s what we are doing :slight_smile: Is how I manage to catch up 2 months of missing the monster rally. I have closed all position in SOXL. Holding 500 TQQQs. No other triple ETFs.

This post means that millions are doing like this! It is becoming normal at retail investors side.

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Is a speculative market for a long time :slight_smile: I no longer bother with FA. When will the music stops? Covid didn’t scare speculators. What can? The best we can do is diversify into RE, yes RE. I know you are getting out of RE but RE is slow to decline if there is a stock market crash. May be you should consider investing in Austin which ofc is already very expensive. Hmm… Singapore?

Is a speculative market for a long time :slight_smile: I no longer bother with FA => Do you have any stock (other than AAPL) as buy/hold? If you do, you need to do FA.

If you trade or buy options, you do not need FA. Any trade (including my swings) is speculative which does need FA.

Covid didn’t scare speculators. What can? => Covid-19 came in Dec 2019, but market corrected 30% which reverted when FED was taking all the financial burden of pumping the market with unlimited liquidity. After recovery, so far, market made two times 10% correction and reversed.

Market is not run by speculators even though they were part of it, but mainly by big banks, funds almost 60%-70% with their forces. When FED is pumping unlimited, they ride the wave.

I know you are getting out of RE but RE is slow to decline if there is a stock market crash => Still there is no change on my “No real estate” as I am comfortable with stocks. It is easy to handle, highly liquid. Not worried about crash as I can handle that easily. Above all, I need to learn a lot in stocks side. The more I involve, more I learn, that is better for my future.

Increasing use of leverage presumably means that when the correction comes it will be especially violent.
I note the dollar is continuing to fall.

Agree. This is the thrill :rofl: Test yourself. Nimble enough to get out when the correction comes?

Anyhoo, market open ok and now back from HMart, market down?

Only sold 100, holding 500. Why didn’t I sell all :sob:

Luckily didn’t get into XLE :shushing_face:

Buy more today…hi hi hi…that is DCA !

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Simple: Market can not go up and up as it has to go down once in a week!
I expected a down fall today, purchased QQQ+SPY 24 puts on Friday, won !

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Me2 but I even predicted the approx decline and BTO QQQ calls :slight_smile: Closed them for a nice 25% profit :slight_smile:
Still not use to shorting so didn’t long puts. Otherwise, make both ways.

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It was touching the upper downtrend of the red channel - Sold 100, holding 500.

Now, about to touch the upper uptrend line of the white channel - Plan to sell another 100 :grimacing: If it rockets above the white channel, hold till $175 :money_mouth_face: , albeit only 400 TQQQs :pensive:

I was lucky today to have MRNA covered calls, when it went down $175 to $140, it gave me nice return ! Bought more MRNA at 140. Retrying selling covered calls now.

I sold all my stocks, bought SQQQ as I have fear market may not be running long like this, too much exuberant.

BTW: This is not stock or financial advice (Directly or indirectly). Just posting updates for some discussion purpose. You are on your own whatever you do in stock market.

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Cursing my long TQQQs? Sold 100@$166, now holding 400.
TQQQ did break above a little and back down. So is considered didn’t break above.

TQQQ trades: Out of 37 trades, lost 5 trades, win 32 trades.

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I do not the trades so far, not possible, but tomorrow is going to be blood red day for market ! Let us see how it works tomorrow.

BTW: This is not stock or financial advice (Directly or indirectly). Just posting updates for some discussion purpose. You are on your own whatever you do in stock market.

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Already blood red for cloud stocks. I have been waiting to short put (TQQQ) like for days? weeks? Can’t remember. I’m out of QQQs and short puts (TQQQ). Only 400 TQQQs which is about 15% of portfolio size. So I have been scared by @manch constant posting of FGI to reduce exposure progressively, missing tons of profits.

I meant active trading since mid Jun this year. Previously, I don’t do such active trading, was like 1-2 times a month. So still new to such active trading :slight_smile: