Kenneth123
voted
More Auto Payments Are Late, Exposing Cracks in Consumer Credit
The U.S. economy is on a steady footing and the unemployment rate is superlow. Yet a rising number of Americans are falling behind on their car payments.
The past few years have been unusually good for consumers, who stowed away extra money during the pandemic, but sky-high inflation is eating away at those gains. Car prices, in particular, jumped because of a short...
The U.S. economy is on a steady footing and the unemployment rate is superlow. Yet a rising number of Americans are falling behind on their car payments.
The past few years have been unusually good for consumers, who stowed away extra money during the pandemic, but sky-high inflation is eating away at those gains. Car prices, in particular, jumped because of a short...
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Kenneth123
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Car rental stock $Avis Budget (CAR.US)$ surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading volume.
The stock closed 108.3% higher Tuesday at $185.7%. Trading in the stock was halted multiple times Tuesday morning, and it was up more than 200% for the day at one point.
Vague comments on the conference call by executives about increasing purchases of electric cars for its fleet appeared to add juice to the rally, as chief executive officer Joseph Ferraro said the company would play a “big role” in the growth of electric cars in the U.S.
Another car rental stock $Hertz Global Holdings, Inc. (HTZZ.US)$ 's shares were also the subject of a trading frenzy earlier this year. Its stock has risen more than 110% since August.
What you may interesting in is that $Tesla (TSLA.US)$ CEO Elon Musk said on Monday night that his company has yet to sign a contract with Hertz. However, Hertz said Tesla has already started delivering cars into its rental fleet.
It seems that everything related to EV will suddenly go up. Any comment on the "new tech"? Is it the future or just another overrated topic in the market?
Source:
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
The stock closed 108.3% higher Tuesday at $185.7%. Trading in the stock was halted multiple times Tuesday morning, and it was up more than 200% for the day at one point.
Vague comments on the conference call by executives about increasing purchases of electric cars for its fleet appeared to add juice to the rally, as chief executive officer Joseph Ferraro said the company would play a “big role” in the growth of electric cars in the U.S.
Another car rental stock $Hertz Global Holdings, Inc. (HTZZ.US)$ 's shares were also the subject of a trading frenzy earlier this year. Its stock has risen more than 110% since August.
What you may interesting in is that $Tesla (TSLA.US)$ CEO Elon Musk said on Monday night that his company has yet to sign a contract with Hertz. However, Hertz said Tesla has already started delivering cars into its rental fleet.
It seems that everything related to EV will suddenly go up. Any comment on the "new tech"? Is it the future or just another overrated topic in the market?
Source:
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running
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Mnemonic one: Do not sell at high prices, do not buy when prices drop, do not trade in a sideways market.
Rule Two: Buy when the market is bearish, sell when the market is bullish, go against the trend to be the hero.
Rule Three: When a long positive trend occurs at the bottom, firmly hold the position until the market closes.
Rule Four: Reduce positions on high volume declines, the low volume marks the bottom, increasing volume on the rise is crucial, confirm the turning point before entering.
Rule Five: When consolidating at high levels, seize the opportunity to sell quickly when the market peaks, when consolidating at low levels with new lows, it's a good time to buy in fully.
Rule Six: Selling requires good market sentiment, positive news follows expectations, creating demand is a prerequisite, high volume stagnant trends end the rally.
Rule Seven: When the downtrend slows down, the rebound also slows down, when the downtrend accelerates, the rebound also speeds up.
Rule Eight: Do not get attached to hot stocks, diversify holdings regularly, from the beginning to the end of trading, being persistent ends in disappointment.
Rule Nine: Do not buy last year's high-flying stocks this year, avoid buying first-half high performers in the second half of the year.
Remember ten key points to short sell: bad news is essential, wash the market when the trend is weak, continually hitting new lows, extreme clarity lies in the lack of volume.
For those of you who are panicking and cutting positions because of Biden's farting behavior.
$nasdaq 100 index main(2106)(NQmain.US)$ $nasdaq 100 ETF(QQQ.US)$ $nasdaq composite index(.IXIC.US)$
$nio inc(NIO.US)$ $tesla(TSLA.US)$ $s&p 500 index main(2106)(ESmain.US)$ $s&p 500 index(.SPX.US)$
Rule Two: Buy when the market is bearish, sell when the market is bullish, go against the trend to be the hero.
Rule Three: When a long positive trend occurs at the bottom, firmly hold the position until the market closes.
Rule Four: Reduce positions on high volume declines, the low volume marks the bottom, increasing volume on the rise is crucial, confirm the turning point before entering.
Rule Five: When consolidating at high levels, seize the opportunity to sell quickly when the market peaks, when consolidating at low levels with new lows, it's a good time to buy in fully.
Rule Six: Selling requires good market sentiment, positive news follows expectations, creating demand is a prerequisite, high volume stagnant trends end the rally.
Rule Seven: When the downtrend slows down, the rebound also slows down, when the downtrend accelerates, the rebound also speeds up.
Rule Eight: Do not get attached to hot stocks, diversify holdings regularly, from the beginning to the end of trading, being persistent ends in disappointment.
Rule Nine: Do not buy last year's high-flying stocks this year, avoid buying first-half high performers in the second half of the year.
Remember ten key points to short sell: bad news is essential, wash the market when the trend is weak, continually hitting new lows, extreme clarity lies in the lack of volume.
For those of you who are panicking and cutting positions because of Biden's farting behavior.
$nasdaq 100 index main(2106)(NQmain.US)$ $nasdaq 100 ETF(QQQ.US)$ $nasdaq composite index(.IXIC.US)$
$nio inc(NIO.US)$ $tesla(TSLA.US)$ $s&p 500 index main(2106)(ESmain.US)$ $s&p 500 index(.SPX.US)$
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Kenneth123
commented on
$Tesla (TSLA.US)$ will it drop to 700?
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Kenneth123
commented on
Kenneth123
commented on
$NIO Inc (NIO.US)$ It is still a matter of attributes of Chinese concept stocks.
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Kenneth123
commented on
$NIO Inc (NIO.US)$ market crazy good news makes good stock go down so nows time to buy in.lol
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Kenneth123
commented on
$NIO Inc (NIO.US)$ The increasing volume and decline these past few days are indeed a bit unfriendly. I also feel anxious.
But I still foolishly continue to increase my position. Now I just need to look at the stock nio for the daily gains and losses in my account.![]()
I just feel that many stocks have rebounded after the sharp decline, and the three fools of the electric car have been at the bottom all along. It's also a kind of risk, let's continue to buy nio.
The recent trend of the three fools of the electric car is indeed very ugly, extremely ugly. I don't know if those market maker institutions and such have given up on this stock. If they are still in, I think the position cost distribution is almost there, it's time to rally!!![]()
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But I still foolishly continue to increase my position. Now I just need to look at the stock nio for the daily gains and losses in my account.
I just feel that many stocks have rebounded after the sharp decline, and the three fools of the electric car have been at the bottom all along. It's also a kind of risk, let's continue to buy nio.
The recent trend of the three fools of the electric car is indeed very ugly, extremely ugly. I don't know if those market maker institutions and such have given up on this stock. If they are still in, I think the position cost distribution is almost there, it's time to rally!!
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Kenneth123
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$NIO Inc (NIO.US)$ Gods, what about this stock? I wanted to buy it after 35 o'clock that day, but I didn't exchange it for US dollars. Now it's over 39 o'clock. How much was it at the beginning?
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Kenneth123
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$NIO Inc (NIO.US)$ I'm in a broken state of mind
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