The Tough Push Upward

The Tough Push Upward

Okay, right now the markets have tanked a bit, five minutes before closing bell… it’s expected, as the overall markets were in rally mode, and it was just a matter of time before we exhausted the positive gains. And, we’ve had a good rally so far this week.

Ebb and flow…

Things I’m puzzled about….

Moderna (MRNA). Why is the stock kind of sucking in 2021, especially when all these covid vaccines are going out? And Pfizer (PFE) was tanking early on but recently it’s been picking up, but it makes sense because it seems everyone wants the Pfizer vaccine over anything else.

Pinterest (PINS) had an outstanding run today, and has been uptrending the past 4 days. I think by the end of the week it will be back on track since its fall in mid-February.

Tesla (TSLA) seems to have such a hard time getting over the $700 hump. I’m still banking on it to hit $1,000 sometime this year. It’s just a matter of time. And remember that I mentioned Cathie Wood predicted it would hit $3,000. TSLA is a stock that is ready to surge upward. It’s just a matter of time for this stock, too.

Compass (COMP). A new real estate IPO that a friend recommended. I jumped in and now the stock is tumbling! Needless to say, IPOs are risky simply because they haven’t been battle-tested and they are new. But, the real estate market has been skyrocketing lately, especially in California, so it’s worth investing in real estate stocks… and I should be buying Zillow (Z) too!

More later…

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randomguru

Portfolio Manager & Musician

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