Forester wrote: ↑Thu Oct 07, 2021 10:32 am
History may judge October 7 2021 as a gift, a last chance saloon to investors who were minded to de-risk / diversify out of US megacap FAANG.
Keeping a historic position of seismic proportions in VIGAX/VUG has paid off and continues to do so.
-TheDDC
Rules to wealth building: 75-80% VTSAX piled high and deep, 20-25% VTIAX, 0% given away to banks.
Forester wrote: ↑Thu Oct 07, 2021 10:32 am
History may judge October 7 2021 as a gift, a last chance saloon to investors who were minded to de-risk / diversify out of US megacap FAANG.
Keeping a historic position of seismic proportions in VIGAX/VUG has paid off and continues to do so.
There's no contradiction between the above two positions.
pasadena wrote: ↑Thu Oct 07, 2021 2:05 pm
I know this is Bogleheads, but Tesla just popped and I have no idea what's happening. Interesting.
GM's CEO said all electric cars by 2030 and software-as-a-service but GM doesn't have any infrastructure to actually do this yet, they're so far behind Tesla which is all EV's and saas already. Tesla no matter what happens with their company and valuation has made the top brass of auto companies accept that electric cars are the future(well maybe not Toyota). VW also had their CEO call an executive meeting where he basically berated them and said Tesla is whooping them in EVs. The market share of EVs is still small globally but it seems the writing's on the wall.
pasadena wrote: ↑Thu Oct 07, 2021 2:05 pm
I know this is Bogleheads, but Tesla just popped and I have no idea what's happening. Interesting.
GM's CEO said all electric cars by 2030 and software-as-a-service but GM doesn't have any infrastructure to actually do this yet, they're so far behind Tesla which is all EV's and saas already. Tesla no matter what happens with their company and valuation has made the top brass of auto companies accept that electric cars are the future(well maybe not Toyota). VW also had their CEO call an executive meeting where he basically berated them and said Tesla is whooping them in EVs. The market share of EVs is still small globally but it seems the writing's on the wall.
Yeah, ok, but that doesn't explain the sudden pop in the middle of today's trading day where it basically soared $20 in a few minutes to above $800. It being Tesla, I wouldn't be surprised if it closed back down in the 780's.
pasadena wrote: ↑Thu Oct 07, 2021 2:05 pm
I know this is Bogleheads, but Tesla just popped and I have no idea what's happening. Interesting.
GM's CEO said all electric cars by 2030 and software-as-a-service but GM doesn't have any infrastructure to actually do this yet, they're so far behind Tesla which is all EV's and saas already. Tesla no matter what happens with their company and valuation has made the top brass of auto companies accept that electric cars are the future(well maybe not Toyota). VW also had their CEO call an executive meeting where he basically berated them and said Tesla is whooping them in EVs. The market share of EVs is still small globally but it seems the writing's on the wall.
Yeah, ok, but that doesn't explain the sudden pop in the middle of today's trading day where it basically soared $20 in a few minutes to above $800. It being Tesla, I wouldn't be surprised if it closed back down in the 780's.
I don't know what happened there either but it's been a good news week for Tesla. They beat on deliveries, issued great guidance, are making quick progress on gigaTexas and Berlin, and the Shanghai factory has already paid off its loan to the Chinese banks.
pasadena wrote: ↑Thu Oct 07, 2021 2:05 pm
I know this is Bogleheads, but Tesla just popped and I have no idea what's happening. Interesting.
GM's CEO said all electric cars by 2030 and software-as-a-service but GM doesn't have any infrastructure to actually do this yet, they're so far behind Tesla which is all EV's and saas already. Tesla no matter what happens with their company and valuation has made the top brass of auto companies accept that electric cars are the future(well maybe not Toyota). VW also had their CEO call an executive meeting where he basically berated them and said Tesla is whooping them in EVs. The market share of EVs is still small globally but it seems the writing's on the wall.
Yeah, ok, but that doesn't explain the sudden pop in the middle of today's trading day where it basically soared $20 in a few minutes to above $800. It being Tesla, I wouldn't be surprised if it closed back down in the 780's.
I don't know what happened there either but it's been a good news week for Tesla. They beat on deliveries, issued great guidance, are making quick progress on gigaTexas and Berlin, and the Shanghai factory has already paid off its loan to the Chinese banks.
It has been a good week, yes. There's also the shareholder meeting tonight, but again, that doesn't explain anything. Note that it's back down to $795, almost as fast as it went up. The speculation on Twitter on what may have happened is extremely entertaining, though.
Gotta love following this stock. Lots of fun to be had one way or the other.
Last edited by pasadena on Thu Oct 07, 2021 2:43 pm, edited 1 time in total.
So many rumors flying around going into TSLA's annual meeting, who knows which one got to some traders and they put a big bet on it. We'll see how it shakes out in the next day or 2 but yeah very entertaining stock to follow.
with the bond market closed today, i predict it's going to be sideways today. there cannot possibly be notable movement in either direction without movement in the debt market.
anoop wrote: ↑Mon Oct 11, 2021 9:00 am
with the bond market closed today, i predict it's going to be sideways today. there cannot possibly be notable movement in either direction without movement in the debt market.
I wonder why the bond market would be closed on a day when the stock market is open.
Inquiring minds want to know.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
anoop wrote: ↑Mon Oct 11, 2021 9:00 am
with the bond market closed today, i predict it's going to be sideways today. there cannot possibly be notable movement in either direction without movement in the debt market.
I wonder why the bond market would be closed on a day when the stock market is open.
anoop wrote: ↑Mon Oct 11, 2021 9:00 am
with the bond market closed today, i predict it's going to be sideways today. there cannot possibly be notable movement in either direction without movement in the debt market.
I wonder why the bond market would be closed on a day when the stock market is open.
Inquiring minds want to know.
Because banks are closed? It’s a federal holiday so the government debt markets would be closed too.
Triple digit golfer wrote: ↑Mon Oct 11, 2021 10:20 am
History may judge October 11 2021 as a gift, a last chance saloon to investors who were minded to de-risk / diversify out of US megacap FAANG.
Haven’t I heard that somewhere before?
Sounds familiar …….
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
Triple digit golfer wrote: ↑Mon Oct 11, 2021 10:20 am
History may judge October 11 2021 as a gift, a last chance saloon to investors who were minded to de-risk / diversify out of US megacap FAANG.
Haven’t I heard that somewhere before?
Sounds familiar …….
"History does not repeat itself. The historians repeat one another." -Max Beerbohm
Triple digit golfer wrote: ↑Mon Oct 11, 2021 10:20 am
History may judge October 11 2021 as a gift, a last chance saloon to investors who were minded to de-risk / diversify out of US megacap FAANG.
Haven’t I heard that somewhere before?
Sounds familiar …….
"History does not repeat itself. The historians repeat one another." -Max Beerbohm
“History doesn’t repeat itself, but it often rhymes” – Mark Twain