IA's Daily Digest: November 25, 2023 (Patreon)

InvestAnswer's Daily Digest: November 24-25, 2023

Curated by JOSH  - Thanks Josh

Tesla Tidbits:

• Keep an eye out for IA at the upcoming Cybertruck event – he might just live stream it!  A member thought he had a pass but as it turns out he may not. We shall see - fingers crossed I will buy all the merch I can if I get a pass and will raffle it out the community.
• IA views Tesla not just as an undervalued car manufacturer, but also as an absolutely unacknowledged AI powerhouse.
• IA is baffled by the negative sentiment towards Elon Musk and sees it as a golden chance, predicting that Tesla will eventually bring massive financial gains.
• Cybertruck pre-orders have surged to 2.5 million, indicating a potential wait of over 7 years.
• Should FSD12 hit the mark, IA speculates Tesla's stock could soar to $500.
• Model Y is already Europe's top-selling car - breaking 5 records 1) no ads 2) BEV 3) premium car 4) foreign brand 5) not a compact

Trading Tips:

• For options trading, IA suggests buying in-the-money options with a mix of intrinsic and time value, especially if they're over a year out. He advises against purchasing out-of-the-money options – it's better to sell time than to buy it.
• IA recommends ATR or PTOS as effective trading tools that can quickly pay for themselves - many do it on their first trade.
• When using IA tools - the Backtests are GOLDEN - focus on backtests.

Bitcoin and Crypto Commentary:

• IA comments on Coin Bureau, in answer to the marketing firm behind Guy.  Community was confused why he talks XRP and ADA and I explained why.  Same reason Altcoin Daily pushes CBDC coins like ALGO.
• IA said he is the only Crypto Youtuber with actual finance experience and credentials not to mention a master's in Finance from Wharton
• Solana (SOL) is predicted to climb to second place in decentralized exchange volume.
• IA reports the Algorand (Algo) team's intriguing involvement with international governments, including connections with the Clintons.
• Ben Cowen's posts favoring ADA over SOL in 2022 and 2023 have vanished, according to IA’s observation.  ADA posted ADA > SOL weekly for 18 mths.
• IA discusses SOL price projections that are solely dependent on Bitcoin's performance, hinting at a potential rise to $390 for SOL. I will do a video on this pricing model next week.