Elon basically use twitter as smokescreen to get out of his tesla shares at high price, same thing with his previous “donation/tax” sell off gimmick.

Tell you he also knows the valuations is too high. That guys no fool.

Last week
Serba 0.06. Today hit 0.2.
Sapura Energy 0.04. Today 0.08

😂

dwRK NYSE:WMT down 6-7% premarket.

Not sure if anyone ask this before, is there any brokerage that accept cryptocurrency for deposit? eTorro has cryptocurrency trading but it's only limited to withdraw/transfer out from their own wallet but not accepting any crypto deposit into their Crypto Wallet.

Thanks to LUNA incident which i loss about <1k capital before gain, I'm currently planning to sell my Alt coins and re-invest into stocks. But thus far no idea how to, without going through the traditional method (Exchange to XRP-> transfer to Luno -> Cash out to bank -> Wise -> IBKR)

BTW Tsla at 680 is good entry point

without Elon Musk there's no Tesla, unless if they prepare a worthy successor like how Berkshire did.
but still "worthy successors" can sometimes still fail.. only time will tell.

Wonder people are looking at the person to invest or the Tesla company.

A view of where I think Fed wants to go..

We probably will get there by end of September time frame if their plan is 0.5% hike each meeting.

US fed raised rate too slow and too late before 2008 subprime crisis.

We just had one few days ago.

Fear 

This is those long draw down that bull trap people a few round until all dip buyer has been exhausted.

I think now best is to keep cash. Or maybe invest in our local reits or blue chips with high dividend since their growth aren’t negative yet. Even SG also now downturn already.

I read Reddit someone say best to wait stocks and etf drop till 30-40% of their price then only start buying. Fed going to keep raise interest raise till they are satisfied. Which means stock prices will keep drop lower. Dunno when can recover capital if buy now only to see their value drop in a few weeks time.

Perhaps wait until next year only start purchase?

took a bit of a bite of GOOGL @ $2121.
Now to hold on for dear life XD

IMHO:
1. GOOGL at 2121 is -30% from its 52wk high & PE of 19.19+/-, its 10 years' average PE is 21-22 https://www.macrotrends.net/stocks/charts/G...phabet/pe-ratio

2. if a 2008 or 2001 happens, another buy at $1212, -60% from highs & PE of 10.97+/- XD

Why i chose GOOGL instead of stuff like MSFT or AAPL?
a. its amount of FreeCashFlow (FCF) over sharecap is high
b. low debts to equity and can easily pay off all debts
c. growth yoy for past 10 years is up there
+
as Peter Lynch style - I use GOOGL's products daily and rely on them thus good stuff XD

Just checked. IBKR does.

last month also we said this.. then see Google now hit new low of 2.1k. Earlier 2.8k thought it was cheap and I bought it 

hence I'm holding cash for time being.. got sick of the market keep diving downwards.

Each time Fed meeting, US stock prices go down again the following weeks. Always news is inflation still all time high. Need raise interest rates.
Until Biden also losing favorability rating due to crashing stock market. 

SG reits also not spared all red now. Malaysia blue chips and reits steady but not sure when it will break. Ringgit keep having downwards pressure. Causing Bank Negara will be raising interest rates soon:
https://www.thestar.com.my/business/busines...es-next-quarter

Don't try to predict or listen to any analysts, just keep track of Fed's meeting news and you'll know when is the reversal.
If recession happens, stock market will tank even more.