InvestAnswers Daily Digest (Patreon)

InvestAnswers Daily Digest - thanks Josh 

Date: December 2, 2023

Tesla:

• IA believes that every Cybertruck will be sold, even at $100,000.
• Rem in USA tax discounts will be given at POS - most people will get 7500 off the 79K version.  This car is 10x a Ford F150 at a lower price and better in every way. 
• Mainstream media makes me wanna puke - h/t to Sanjay for sharing
• Media: Tesla has a product problem.
• Tesla: Model Y becomes best selling car in the world, Cybertruck has an estimated 2.1 million reservations and cheaper compact car is on the way.
• Tesla will have a prodn ready bot next year with a brain probably capable of shooting a gun and threading a needle
• 

Bitcoin:

• Bitcoin: IA believes that proxies may be pumping Bitcoin due to rumors that the Blackrock ETF may be approved before Christmas.
• Bitcoin: BTC hits a 19.2-month high.
• Bitcoin: IA points out that Gareth Solway has been shorting BTC, stating, "The higher the price, the more I'll add to my short" - poor Gareth 
• Bitcoin: Breaking 39K was a key level - we should see 40K this weekend. 

Equities:

• Stocks: IA is still holding a very small position in SE and currently has no plans to sell it.
• Stocks: A BABA vs. BIDU face-off may be coming soon. Could be interesting. 

Solana:

• Altcoins: The Solana ecosystem is running smoothly. 
• IA said Some tokens are really on fire.  
• IA's PYTH has recovered
• IA will most probably buy JUP (the real one)
• IA has swapped tends of thousands of dollars worth of crypto on Jupiter already.  

Misc:

• General Topics: IA plans to maintain his current pace of working seven days a week for the next two years. After that, he will likely work five days a week. He is dedicated to this community and is proud of the remarkable results it has achieved. He says this is the most transformational time in our lives and we may not get another one like it.  This could be it. 
• IAs original mission was helping people navigate the complex and corrupt world of big money is coming to fruition.  
• IA was accused of being a Libertarian - his response:
• 

Notable Market Moves:

• IREN has ranked lowest in IA's analysis of mining stocks, and now it has come to light that two founders and board members are rapidly selling their shares.

Food for thought: