Sunday , May 9 2021

Tesla skeptics have lost more than US aviation this year



The Dow Unions received a percentage last week and ended the week with a record 30,218 points.  Shares of Caterpillar and Chevron rose the most on Friday, at about 4 percent, while shares of Boeing, which jumped nearly 50 percent in November, lost 2 percent in value.  Photo: Reuters

The Dow Unions received a percentage last week and ended the week with a record 30,218 points. Shares of Caterpillar and Chevron rose the most on Friday, at around 4 percent, while shares of Boeing, which jumped nearly 50 percent in November, lost 2 percent in value. Photo: Reuters

The U.S. economy generated far fewer jobs than expected in November, at 245,000, instead of the 440,000 that Wall Street had forecast. The unemployment rate fell from 6.9 percent in October to 6.7 percent. Good news if we know that in April, with panic sweeping through the first wave of infections, 14.7 percent of Americans were out of work and at the time no one believed unemployment would fall so sharply by the end of the year. However, the reluctance of employers in November is a small shock, which investors interpret mainly as increasing the likelihood of rapid adoption of the $ 900 billion fiscal package. The Dow ions jumped almost 250 points on Friday and strengthened above the 30,000 mark. On a weekly basis, it rose for the fourth time in the last five weeks, this time by a percentage. Recall, the Dow ions jumped 11.8 percent in November, the highest monthly growth since 1987.

Do Tesla shares have unlimited potential?  The exchange rate has risen by more than 600 percent this year alone, with catastrophic losses for those with a strategy

Do Tesla shares have unlimited potential? The exchange rate has risen more than 600 percent this year alone, with catastrophic losses for those betting on their decline with a “short-term” strategy. Tesla’s first husband, Elon Musk (pictured) constantly scolded them and certainly enjoys when stocks “break” new records, and skeptics count the losses. Photo: EPA

Who dares “shorts“Teslo?
The ghosts continue to haunt Tesla’s actions. They are already worth $ 600, and this year alone the price has risen by a staggering 616 percent, although a huge number of investors claim that the value of Tesla is inflated beyond all limits of good taste. Tesla’s market capitalization is currently about the same as the combined value of Toyota, Volkswagen, Daimler, GM, BMW and Honda. Short Purchase Strategy or “shorts“(Investors make money in this strategy only if stocks fall) has proven to be literally catastrophic every time. The analysis of S3 Partners has shown that investors who areshorts“Tesla shares have already lost $ 35 billion this year, an amount that is unprecedented. For comparison: the entire US aviation industry reported a loss of $ 24 billion in the first nine months of this year, the largest in history.

Next week will be diverse again, finally coming the long-awaited public sale of Airbnb shares.  The company is expected to achieve a market capitalization of $ 30 billion.  Photo: Reuters

Next week will be diverse again, finally coming the long-awaited public sale of Airbnb shares. The company is expected to achieve a market capitalization of $ 30 billion. Photo: Reuters

Goldman Sachs raised the target to $ 780
Only in November were Tesla skeptics (who, of course, backed up their words with “shorthand(shares) lost $ 8.5 billion, more than the electric vehicle maker’s total loss between 2008 (when it first released business results) to last year, with Tesla’s value up another 46 percent last month after accepted the company in the elite company of the S&P 500 index. Among those who think that Tesla shares should fall is Michael Barry, known for his book and movie The Big Short, which is facing a major recession. On the other hand, Goldman Sachs issued a recommendation for buy and raise the target to $ 780. Tesla said it would increase production to 15 million vehicles a year by 2040. Volkswagen, for example, sold 11 million vehicles.

Brent crude was below $ 40 at the beginning of November and is now worth almost $ 50.  This is not good news for drivers and those who already run out of fuel oil.  Photo: Reuters

Brent crude was below $ 40 at the beginning of November and is now worth almost $ 50. This is not good news for drivers and those who already run out of fuel oil. Photo: Reuters

Opec + accept compromise
After lengthy negotiations, the 23 countries that make up the Opec + group have agreed only on a further oil extraction policy. From January, production will increase by only 500 thousand barrels. Recall, the agreement reached in the spring provided that from January 1 production will be increased by two million 159-liter barrels. The news further inflamed the oil market, the direction was increasing for the fifth week in a row. Brent almost hit $ 50 ($ 49.92), the most since March when oil fell. Fitch estimates that demand for oil will be weak until at least the second half of next year, so that Brent, according to them, will fall again to $ 45, despite all the good news about the vaccine. Rising oil prices are also linked to a weakening US currency. You have to pay more than 1.21 USD for the euro. “I expect the dollar to lose another 5 to 10 percent in 2021 as the Fed allows high economic growth“, Wrote the analysts in the financial company ING.

Dow Unions (New York) 30,218 points (weekly change: + 1.0%)
S & P 500 (New York) 3,699 points (+ 1.7%)
Nasdaq (New York) 12,464 points (+ 2.1%)
DAX30 (Frankfurt) 13,299 points (-0.3%)
Nikkei (Tokyo) 26,751 points (+ 0.4%)
SBITOP (Ljubljana) 893 points (+ 0.9%)
10-year Slovenian bonds mandatory return: -0.09%
10-year US bonds mandatory return: + 0.97%
EUR / USD 1.2122 (+ 1.3%)
EUR / CHF 1.0811 (+ 0.0%)
bitcoin

19,060 USD (+ 11%)

Brent oil 49.09 USD (+ 1.9%)
gold

1,837 (+ 2.8%)

Euribor (six months) -0.510%

I currently see cryptocurrencies as one of the investment options. Like digital gold. The value of bitcoin can double, but I do not expect a hundredfold increase.

Damian Merlak

Damian Merlak now sells bitcoin
The bullish mood, however, continues to dominate the cryptocurrency market. With institutional investor money in the background and unspoken speculation about the growing mass of uneducated people (as they did three years ago), this time growth is based on a stronger foundation, which certainly does not mean bitcoin can not fall 20 percent or more again. In the last week, bitcoin has received more than a dozen and is worth about 19,000 US dollars. On Tuesday, he ran out of money up to the limit of 20 thousand dollars, which seems to be quite stubborn. “Whether this is a summit, or whether the summit is much higher, no one knows. I do not expect such growth as in the past. The value of bitcoin can double, but I do not expect a hundredfold increase. I currently see cryptocurrencies as one of the investment options. Like digital gold. During the growth period, I sell bitcoins and if they fall, I will buy themExplained his strategy for SLO TV Damian Merlak, who sold his third stake in the Beatstamp exchange.




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