IA Daily Digest (Aug 13-15, 2024) (Patreon)

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

Date: August 13 2024 - 15 August 2024

• LEAPS TRADING RULE

  • Buying Leaps Today:

    A member is looking at buying leaps today, but IA reminds the team of his LEAPS RULES

    Simple LEAPS Trading Rule 

    • Buy LEAPS with approximately 18 months until expiration.

    • Aim for options where:

    • Intrinsic value ≈ 50% of the option price

    • Time value ≈ 50% of the option price

    • Fine-tune your selection based on specific market conditions and your investment goals.

• $SE on ATR - IA did not hedge as he still sees more upside

  

• Bitcoin:

  • Global Liquidity:

• Remember, global liquidity is rising. All boats will float. IA wishes BTC wasn’t so manipulated. ⁠

• US Debt

  • US National Debt has moved from $22 trillion to $35 trillion over the past 5 years, a 59% increase. It will go much higher in the years to come because there's absolutely no political will to stop deficit spending before it becomes a crisis.

    

• Tesla:

  • 2024 as a growth year is not lost. IA heard Tesla has already made and sold 30,000 Cybertrucks - it is increasing avg ASP for Tesla, also best selling Electric Truck on the Planet and Best selling car that costs over $100K. We are far above first 7 mths of 2023

    

  • Segment Killer:

  This is what a 'Segment Killer' looks like: complete and utter market segment domination. This chart shows 2Q 2024 electric SUV sales in the United States, based on Kelley Blue Book data. The Model Y outsold the second and third closest competitor by 8x and 9x respectively. ⁠

  • Model Y:

  The Tesla Model Y generated the same amount of revenue as the next 10 highest revenue generating SUVs combined in the Chinese market. ⁠

  • Musk’s Pursuit of Truth:

  Elon has always expressed a deep-seated obsession with understanding the fundamental truths of the universe. His background in physics, which he pursued because it attempts to understand the "provable truths" of the universe, underscores his commitment to truth. This curiosity drives his interest in creating an AI like TruthGPT. He has also spent his life ridiculed by Lies from MSM that’s why he bought X as a truth platform to combat the lies the people consume everyday. It still amazes IA so few are aware of how MSM torch us with contrived narratives. ⁠

• Trading and Investing:⁠

  • Face Offs:

  IA did many videos of equity or crypto face offs, but many did not like them. He may bring them back. A few of his assets, SE, PANW etc are on fire this week. ⁠

  • SOL Perps:

  IA encourages keeping SOL liquidations levels below $100. ⁠ IA's Perp is about 1/3rd of the size of his last one. The deeper the price goes, the harder he goes. This is a major part of his philosophy as long as the thesis in the asset has not changed.