#TheZooHasGoneNuts: One press release about an EV, but no money, no tech, no prototype, no facilities, no plans, no nothing. Getting pretty thick, even for our crazy times. SEC, are you awake?
A struggle for basic survival and for new money to burn.
Hardware, software, peripherals: If it has to do with staying at home…
“Some things actually work really well virtually”; but “the vast majority of us can’t wait until we can be back in the office.”
This whole Nikola phenomenon was only possible in a market gone willfully blind and nuts.
It might look a little bloody at the top, but it barely unwinds seven weeks of mind-boggling gains.
It just looks so tempting. (Transcript of my podcast).
Saving the Zombies in Europe.
Facebook, Apple, NVIDIA, Google, Microsoft, Amazon, Netflix, Tesla, Intel, and Salesforce, weighing 25% of total market, are on one heck of a ride, now in the wrong direction.
But seeing the frenzy, the Fed has stepped away.