Teslas down 16 already this morning. It’s half of what it was in December… Down from 488.
Musk called Navarro an idiot. Looks like Apple is in big trouble also. Trumps China tariffs could boost Samsung not Apple.
I bet Musk quits DOGE soon. He understands that tariffs will destroy supply chains and drive the world economy into a depression.
Another down day. SP 500 heading to 4500 very soon. Congress needs to exercise its authority on tariffs otherwise Navarro will keep whipsawing the market… for personal gain?
Only my Costco stock is up. A very bearish sign… people have to eat… but all consumer discretionary stocks like Tesla and Apple are in big trouble.
My portfolio is mainly in cash, like Buffet. There will be buying opportunities … like yesterday. But in this market. The best bet is options to take advantage of the volatility.
