IA Daily Digest 5-6 Feb 2024 (Patreon)

Summary of InvestAnswer's Posts

Date: 5 February 2023  - 6 February 2024 📈

Tesla: FUD:

A Twitter account known as Tesla Economist spreads Fear, Uncertainty, and Doubt (FUD) about TSLA because he lost $10M of his Dad’s pension investing in Tesla in 2022. He sold at the bottom at $106. He bought back in late and is selling again.  This is what markets due to the psyche. It's very important to control how the mind works if you are in the investing game.. 

Ttesla⁠ Delaware Case:

After Cathie Wood tweeted her perspective on the Delaware case, Musk voices his thanks, citing the Delaware case as an assault on investor’s rights.

China:

Tesla China sees 10,600 registrations in February’s first week, which is up 22.6% YoY. 

Trading and Investing Ark Venture Fund:

IA would not buy the Ark Venture fund as exposure for X or Space X as it is mostly comprised of underperforming assets, with little exposure to Twitter and SpaceX.

Federal Debt:

IA jokes that the best stock ever is the increasing Federal Debt.  The chart is up vertical. Debt hits 34.2Trillion 

BABA:

Bought BABA stock at its lowest point.  IA is laying traps for when Chinese Liquidity hits hard. He does not see much downside if any. 

Gold:

Gold has decreased by 76% in relation to M2 over the past 43 years. Holding Gold is a widow maker! 

Bitcoin:

IA proposes BTC as a suitable investment for saving money. Banks pay 0% interest, forcing workers to speculate on stocks to preserve their savings. BTC holders live in a constant state of optimism, knowing the future value of their savings will be more than its current value. BTC is not speculation.

Crypto:

SOLALT FLUXB:

IA is looking for the next FLUXB and is currently considering something that has all of the earmarks so far. It has done a 10x for him so far. 

ETH:

ETH’s only hope is the spot ETF. ETH is slow and expensive compared to SOL.

CLSK:

CLSK announced new acquisitions that will double their current operational hash of 10 EH/s by the first half of 2024. IA is VERY bullish on CLSK. 

SOL:

IA identifies $94 as solid support.  Sees upside from here. 

SOL Outage:

IA provides context for the SOL outage. The price action did not miss a beat.  He says "sometimes I go to Starbucks and they have no coconut milk and I leave. But I still come back"

Solana ETF:

IA predicts that a SOL ETF will become available in early 2025. ⁠

MSTR:

In 2025, IA will be compelled to sell his MSTR synthetic longs due to the expiration of his options. IA values MSTR's internal business at 1.2 billion and suggests 470 as an amazing buying level. ⁠mstr-and-proxies⁠ will rebound. 

MSTR Earnings:

Microstrategy announced Q4 earnings with a 23% YoY increase in subscription revenue and BTC holdings rising to 190k. IA later provided an update to the MSTR Arb Calculator. ⁠mstr-and-proxies⁠ ⁠mstr-and-proxies⁠

SOLALT:

IA provides an update on his SOLALT portfolio. ⁠

CIFR:

IA sets a $2.20 target for reentry. ⁠mstr-and-proxies⁠.  The Insiders however are not done selling. 

Tesla & Choice Hotels:

Choice Hotels announced an agreement to install Tesla chargers in participating hotels across the U.S. ⁠tesla⁠.  This is 3600 locations! 

Advertising:

Tesla has initiated paid advertising on X. ⁠tesla⁠

Potential Job Cuts:

Tesla staff are preparing for potential job cuts after managers were asked to affirm the criticality of each employee's position. ⁠tesla⁠

Investing and Trading:

IA clarifies the use cases and trading style differences between the IADSS and ATR tools. ⁠