*Investors Blog*

https://www.freightwaves.com/news/freight-recession-snares-jb-hunt-in-q1

Long haul big rig truckers crisscrossing the USA reporting economy slowing down.
Get ready folks, the wheels (no pun intended) are in motion for an ‘official‘ recession later this year.

Fancy big name business schools don’t teach this kind of stuff….…. long haul truckers at Flying J talk about this because they see the economy change before their eyes.
 
Saw an article today, which referenced Fastenal - the thought being they are a good barometer for the economy....and it looks like we are headed into a slowdown (if you choose to believe this train of thought).
 
Entertainment today will be Tesla, getting slaughtered after hours starting after earnings came out.
I watch this stock to make sure my market thinking is within a certain reality. I don’t invest in it though. For the life of me as best I could tell this stock was going to get trashed after earnings came out and it did.

Common sense going back months said if your slashing prices and killing your margins to keep cars selling something has to break on a stock selling 100s times higher earnings than its peers.

Weeks ago I kept my mouth pretty much quiet when someone in this forum. Different thread was praising Tesla on its sales numbers that just came out. All I commented was let’s see what happens when the financials come out March 19th.
It’s does seem like it’s other businesses are doing well but a small fraction of the auto business, I don’t follow that closely.

Even if the stock rebounds keep in mind besides their price slashing to keep up growth that the taxpayers are currently supporting them too. What happens when that ends?

I wanted a quick trade this past week, been so occupied on our move to the new house, kept wishing I was in the right frame of mind for another short term trade in Schwab knowing my feelings are the downside looks limited, well I regret not buying it a few days ago.
I doubt I will now but who knows. I hate that feeling I’m chasing something more so when my head isn’t fully into something
 
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I also hate chasing individual stocks, traded TQQQ instead of buying Tesla, Apple, Alphabet, Meta, Microsoft, etc…

Maybe some Tesla bulls will now say TSLA has transitioned away from a technology company….. to an A.I. company since A.I. craze is currently the flavor of the month ?
 
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That doesnt matter, nor does the massive amount of toxic chemicals the firefighters are exposed to, nor that fact we dont produce enough electricty, because it gets in the way of the agenda. Im still not against them but we need to discuss honestly and come up with solutions instead of pretending that issues do not exist.
Actually I would mind as much if our tax dollars weren't given away to buy them and they were bought on their own merits. :unsure:
 
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