What a year that was, right?! Inflation reared its ugly head for the first time in 40 years. The beloved “60/40” portfolio put in its worst performance in 50 years. Many of the “story” stocks that ran high into bubble territory in 2021 came crashing down.
The Wall Street Journal ran a piece yesterday with the headline: “Half-Price Tesla Stock Is Still No Bargain.” It included a number of points about the company — and the pricing of its stock — that I’ve written about since I first recommended a bet against the stock in early July.
There’s no Max Profit Alert update today. We’ll continue to hold our seven positions for now, and I’ll contact you immediately with any actions to take. I’m actually at my publisher’s office, getting ready to record something special for you. I can’t spoil the surprise just yet, and you know I’m not one to play the hype game. But I thought I’d let you know…
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