IA Daily Digest 14 Dec 2023 (Patreon)

Summary of InvestAnswer's Posts 14 December 2023 📈 

Thanks, Josh

Tesla (TSLA): Optimus:

Despite the recent news and FUD surrounding Tesla’s recall, IA astutely observes the opportunity to acquire TSLA at $230. IA contends that the bot's impact should have propelled the stock price to $300. He expresses gratitude for CNBC's FUD, deeming it a chance for retail investors to accumulate the decade's asymmetric bet. IA anticipates a profound shift in Wall Street's stock price calculus once they comprehend the bot's implications.

Valuation:

IA deems TSLA undervalued, considering each day at current prices a blessing. Notably, IA's TSLA shares have increased by 130% since January.

Daily Price Movement:

TSLA reached a high of 253 during the trading day on 11/14. IA speculates that a year-end run is imminent.  It bounced 23 pts in 23 hours

Trades:

IA bought TSLA yesterday. That trade alone made an annual salary in one day. 

Solana and Solana Ecosystem:

Portfolio Allocation:

IA maintains a $3 SOL ecosystem allocation for every $100 in SOL. IA shares his current SOL ALT portfolio allocations. The issue is that allocation has doubled due to outperformance in SOLALT portfolio. 

Portfolio Research:

IA prioritizes SOL ecosystem plays with real use cases, such as Oracles, Dexes, and Storage.

SOL ecosystem plays continue to experience price surges.

OSOL:

IA facilitated a tax-free swap of GBTC for OSOL, helping a friend generate $150k in 3 days within a retirement account. 

Performance:

IA's SOL ecosystem portfolio has surged by 30%. 

Bitcoin Miners:

CLSK experienced a significant rise in early trading hours on 11/14.

Trading and Options:

TSLA Leaps:

IA suggests that buying TSLA stock on margin may be more advantageous than purchasing a leap 240C independently, especially for those not utilizing a synthetic long strategy. IA emphasizes that when options are excessively pricey, they may not be a sensible choice.

Equities:

ENPH demonstrates exceptional performance. IA expresses a 75% confidence in further upward movement based on ATR model.  He is also very pleased he doubled down at $80.  Doubling down works on good assets that are super oversold as show by MEAN REVERSION model.   

IA's only stinker this year under water is SE: IA has a $40 cost basis for SE.

Notable Market Moves

Crypto

SOL up 5%

BONK up 45%

Stocks

TSLA up 4.9%

CLSK up 6.7%

ENPH up 12.4%