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    • jeditraderjeditrader
      ·03-12
      Pump and dump

      Elon Musk Says Tesla to Double U.S. Vehicle Output Within Next Two Years

      Elon Musk pledged to double Tesla's vehicle output in the U.S. within the next two years.The move, Musk said Tuesday, is "a function of the great policies of President Trump and his administration," as well as "an act of faith in America.". Trump, who was standing next to Musk at the time of the announcement, patted him on the back and said, "It's a big deal.". Tesla vehicles produced in the U.S. will include the Cybercab, a self-driving car with no steering wheel or pedals that is set to start production next year in Texas. Musk previously said the autonomous car is designed to operate as a robotaxi and could cost less than $30,000.Shares of the company edged higher about 0.2% in after-hours trading, though they have erased their post-election gains by falling more than 40% so far this year, dragged down by disappointing sales data and concerns over Musk's role in the Trump administration.This item is part of a Wall Street Journal live coverage event. The full stream can be found by s
      Elon Musk Says Tesla to Double U.S. Vehicle Output Within Next Two Years
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    • jeditraderjeditrader
      ·03-05
      President Donald Trump is either an "idiot or a bastard". To paraphrase Russian president Vladimir Putin, who mocked Prime MinisterJustin Trudeau when he invited a Ukrainian Nazi war criminal to the Canadian Parliament and received a standing ovation. Like Trudeau, Trump doesn't know his history either. In the 1930's, the United States committed to an economic policy of  carnal sin, when it buggered(Sodomite) thy neighbor. It excebated the Great depression. So it leaves me to spell out the economic folly of this tariff policy. Either Trump is an idiot or a bastard. A newspaper reporter asked, in 1932, the economist John Maynard Keynes if there had ever been anything like the Great Depression. Keynes replied, “Yes. It was called the Dark Ages and it lasted 400 years.” Keynes had accura
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    • jeditraderjeditrader
      ·01-17
      PDD Holdings (PDD), aka Temu has big institution  buying and volume is coming in huge. Volume very strong. Anyone shorting will be swept away by the tsunami wave . This is power buying.  China has announced it is increasing minimum wages which should boost productivity. China already has a reputation of being hard working. Chinese people have high saving rate, so it should not be inflationary.  Paying higher wages will stimulate the economy. Some of the benefits include low turnover and staff retention. Employee morale goes up while employee sickness goes down, staff turnover is hugely expensive: not just the downtime of the production line but obviously also the training costs: even the search costs to find them. It can indeed be cheaper to pay work
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    • jeditraderjeditrader
      ·01-10
      Los Angeles wildfires are on track to be among the costliest in US history, with losses already expected to exceed $135 billion, an area that is home to some of the most expensive property in the US. The insurance industry is also bracing for a major hit, with analysts from firms such as Morningstar and JP Morgan forecasting insured losses of more than $8bn. According to Jesse Livermore, when he shorted the market in 1906,  the newspapers were downplaying the extent of the disaster, the San Francisco earthquake and the fires. Fire hydrants have  run dry....with no water. Firefighters in Los Angeles continue to battle fast-moving fires under evacuation orders. 180,000 people under evacuation orders. According to Reminiscences of a Stock Operator, he said:
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