From Howard Lindzon’s “Momentum Monday Frothy With A Chance of Mania”
posted Monday.
From Howard Lindzon’s “Momentum Monday Frothy With A Chance of Mania”
posted Monday:
The Tesla mania has turned into all kinds of electric vehicle froth, but
it is all way over my pay grade to judge or cast dispersions on what the
hell is going on in the Chinese markets and peoples brains hopped up on
these stocks.
Yesterday I did my long Sunday ride in North Scottsdale. It begins with a
10 mile climb up Pima Road to Carefree and my good friend Jono and I
decided to count Teslas. Yesterday there were at least 20 percent if not
30 percent Teslas passing us in both directions. Jono owns one himself
and loves it. …
