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time to get out

time to get out
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  • Mcsnacks H Tupack : Nah. Just have to get a new strategy

  • stoxxed : Uvxy svxy ?

  • chgocal123 OP Mcsnacks H Tupack : I like your way of thinking.  My portfolio consists mainly on EV’s and that’s going nowhere can be a bit of a set back

  • Mcsnacks H Tupack chgocal123 OP : Evs are having a lot of problems.
    1. Market has become saturated with them. That causes a thinning of the investors.
    2. There aren’t enough chips being produced to run any of them.
    3. We are only producing enough lithium for 20-30 million cars a year. And that’s if we are using it all for Just cars
    4. A lot of the companies that started up aren’t even producing cars until 2023. Which makes them easy targets for bad press.
    5. Metal prices have almost doubled which will trickle down into EVs and  cause a huge price increase.

  • chgocal123 OP Mcsnacks H Tupack : Wow!  Thank you for the heads up!   You are awesome! Let me ask you, do you have any suggestions.   I’m thinking trends , but even that doesn’t seem to go to well.   I know there’s literally more downs than ups and I’m cool with that. I have made money which is always nice. Lol

  • Mcsnacks H Tupack chgocal123 OP : Right now what’s making money are companies posting good ER. Problem is that is the hardest thing for any investor to find. My rule was to always sell before ER. But right now it’s the only thing I see that has a chance of making money. And If you can get into one before ER that sees a huge increase you can sit and wait on market sentiment to go up and not have to worry about losing a lot of money waiting until then. You can try day trading but I can’t recommend that because less than 1% of investors can succeed at and it takes a lot of hours a day to keep up with it. Oil stocks are safe and they will steadily increase because summer travel is going to be huge. Healthcare is doing ok since that’s is something inflation can’t really hurt because they are already at inflated prices! Zing! 😆
    I’m hoping $$iRhythm Technologies (IRTC.US)$ is my saving grace today but it’s no sure thing. The upside beats the downside. And that’s wins in the pro and con test

  • chgocal123 OP : Great information.  I do have one in oil, and I’m making a little on gold.  Thank you the heads up on everything else!   It’s back to a ton of research.  Wish me luck!  Lol.  I wish you the best, you have been a fantastic friend on here!  Part of my reason for staying.

The impossible is possible just focus
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