IA Daily Digest (June 20-22, 2024) (Patreon)

Summary of InvestAnswer's Posts (thanks, Josh, for collecting)

Date: 20 June 2024 - 22 June 2024

• Tesla:

  • Granny Shot:

  Fundstrat has named TSLA a granny shot, which is stocks they have identified from benefiting from multiple tactical and strategic macroeconomic tailwinds and poised to perform better than peers. TSLA is the top company on earth with the most business potential around disruption going after the largest markets and housing the most intellectual workers on the planet. ⁠

  • Layoffs:

  Tesla has downsized by at least 14% this year after Elon Musk said layoffs would exceed 10%.⁠

  • Tesla Accrued Warranty Reserves:

Tesla warranty reserve is a fund set aside to cover potential warranty claims for Tesla's products. The company's warranty reserve balance has risen significantly from the end of Q3 2022 to the end of Q4 2022. Could have a positive impact on Q2. Illustrates the quality of Tesla vehicles.

• Solana:

  • ZK Compression:

  Mert has announced they are announcing ZK compression to Solana, directly on the L1 Without requiring L2s. This changes everything one thought about Solana and scaling L1s. TLDR they will compress on chain state to get 10,000 scale improvements and get 1 step closer. ⁠

  • LILO Levels:

  IA provides LILO levels for SOL. Level 7 will be a heavy profit-taking level for him at $364.

  

• Trading and Equities:

  • NVDA:

  IA gets called out of his hedge at 128 unless he rolls. However; he is wanting to roll the cash into TSLA so in both situations he wins.

  • Dell:

  IA would not buy Dell stock, as their debt load is too high to blow their cash.

  • BTDR:

  IA considers BTDR more fascinating than IREN. He sees it going to $14-18 by Christmas. ⁠

  • SE:

  Singaporeans are solid, and IA is in SE which has made a massive return on his synthetic long at $40. Bitdeer is also Singaporean

• BITCOIN

  • Long term Whale Cost Basis vs Short Term Holder Whale.... Long-term Holder Whales: The blue line indicates that the number of long-term holder cost basis has remained relatively stable over this period, with a slight increase.

    Short-term Holder Whales: The orange line shows more variability, reflecting the typical behavior of short-term investors who may buy and sell more frequently. Despite fluctuations, the short-term holder whale cost basis appears to have leveled off.