IA Daily Digest (Oct 19-26, 2024) (Patreon)

Summary of InvestAnswer's Posts

Date: 19 Oct 2024 - 21 Oct 2024

• Trading and Investing:

  • NVDA:

  IA got into NVDA the day before Cathie Wood sold. IA did sell 80% of it but still has 20% of it. IA’s two major AI plays since 2022 were TSLA and NVDA. That being said, NVDA is at a 3.4T market cap and TSLA is at .7T - his gambit is to rotate into TSLA as TSLA has more upside over next 5-6 years. ⁠

  • ENPH:

  IA is not adding at current prices, buy may add at $81. Solar will be big, everyone needs it, they are a to pplayer and market is huge. That being said TSLA Powerwall 3 is a competitor to the Enphase Inverter so you can also play energy via TSLA. ⁠

  • IONQ:

  IA would stay away from IONQ as it has huge losses, measly revenue, massive stock based compensation. All the shit he hates. ⁠

• Tesla:

  • Sentiment:

  Sentiment for TSLA is so low now. IA reckons TSLA will go up on earnings as he expects revenue and margin to surprise due to Cybertruck and megapack selling like hotcakes.

• Bitcoin:

  • Michael Saylor:

  Saylor dismisses concerns about government seizure of BTC as merely a crypto-anarchist trope.

• Solana:

  • SOLALTS:

  IA’s promise was to hold for 1 year. NOS is coming up on that - time flies. IA will see what is undervalued and buy some more. He will wait for SOL to be over $200 first. ⁠

• Perp Trade: IA is entertaining the thought of doing a 5x or 10x perp trade if SOL hits $130 again.

  • Closed Perp Trade:

  IA made another 40% profit on his SOLPERP trade. Another cybertruck in profit. It is all sport to IA.

Date: 23 Oct 2024 - 26 Oct 2024

• Trading and Investing:

  • SOLPERP:

  IA did his first large perp ever with over 4 digits of SOL on the line. ⁠

  • Option Returns:

  IA looks for a minimum of a 3 to 10x return for options. Sometimes it goes a LOT higher

  • Investing for IA is like Sport:

  He believes the minute you have no emotional connection to money, you are far better at managing it. When it becomes sport all you want to do is win. ⁠

• Tesla:

  • Model 2.5:

  Tesla is planning to make a model 2.5 that will be sub 30k with incentives. ⁠

• Exercising Leaps: IA does not sell LEAPS. He holds them as they convert into stock - he does not sell TSLA. This is a long term bag for him. You can hedge, but long term - keeping the stock is best.

  • Value:

  Compared to all time highs in 2021, Tesla has infinite more value than 2021. ⁠

  • Wall St:

  If Wall st understood TSLA and the 28 nuggets from the earnings call - TSLA would already be a $500 stock. ⁠

  • $2000 TSLA:

  TSLA is going to $2,000 per share in the next 4-6 years. Do not sell your winners. ⁠

• Bitcoin:

  • Week 44 is historically the Strongest Weak of the Year:

  Next week is poised to be a significant historical moment for Bitcoin (BTC), and if past trends hold true, it could lead to positive outcomes, particularly in an election year. Avg Gainers 10.52% since 2013.