from Kerry Lutz’s Financial Survival Network
John Rubino has successfully shorted Tesla previously. For the past several months, it was too costly to short, but now… Premiums are down and the shorts have been flushed. Now you can do it more cheaply. Will Robinhood do John in? Watch where the next stimulus winds up. Competition is just around the corner. Commodity super cycle is going to squeeze margins. Twitter and FB have lost $54 billion in market cap in the last week. Amazon is a perfect example of where a stock with lower profits can go. The flood of Fed cash has to go somewhere. Interest rates have started going up. Big deal for the stock market. We’re getting to the point where rates could be a negative issue for the stock market. Could this lead to a decline? Massive Bailouts for everyone just around the corner.
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