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Interesting. Thanks Stimulus would only prevent (some) companies from going bankrupt. So at best it avoid crash. Not sure why market is optimistic though.
by currio 6y ago
Interesting. Thanks
Stimulus would only prevent (some) companies from going bankrupt. So at best it avoid crash. Not sure why market is optimistic though.
- maxharris 6y agoI'm optimistic on certain stocks. Allow me to illustrate using the one stock I hold the most of (108 shares at the moment): I believe that TSLA will ultimately end up on the very high end of where ARK invest says they'll be: https://ark-invest.com/wp-content/uploads/2020/01/Tesla-price-target-scenarios_ARK-Invest-1536x824.png https://ark-invest.com/wp-content/uploads/2020/01/Tesla-pric... Tesla's Battery Day is coming in May, and that's a very big deal. I expect they'll announce that they've hit $100/kWh (which is the point you need to be at in order to sell an electric car with a price and range comparable to a gas car). The fact that they have the world's best battery tech is also very important for the future industries like eVTOL, which are completely dependent on these things. (I have a position in EH as well...)
- currio 6y agoAll the best. Hope it works out for you