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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: robert b furman who wrote (8272)	2/21/2020 3:15:31 PM
From: robert b furman	Respond to of 26631

Hi Kirk, If one owns Tesla stock, probably won't like this article: Americans Aren’t Buying Into The EV HypeBy Tsvetana Paraskova - Nov 12, 2019, 1:30 PM CST Sales of electric vehicles (EVs), hybrid vehicles, and fuel cell vehicles in the United States slumped in Q3 much more than the slight decline in the overall passenger car market, due to a lack of choice on the U.S. greener car market, analyst company Canalys said in new research. close [x] Pause Unmute Loaded: 94.99% Remaining Time -1:13 Picture-in-PictureFullscreen Total passenger car deliveries in the U.S. dropped by 1.3 percent year on year to 4.2 million vehicles in the third quarter, Canalys said. Sales of new energy vehicles (NEVs) in America continue to disappoint, plunging in Q3 by 18 percent on the year, to 90,000 plug-in hybrid, fully electric, and fuel cell vehicles, the company has estimated. NEVs accounted for just 2.2 percent of all passenger cars sold in the U.S. in Q3, while sales of SUVs and non-commercial small and medium-sized pick-up trucks all increased between July and September, according to Canalys. Sales of other passenger cars fell by 10 percent on the year. Among NEVs, Tesla continues to be the market leader, selling more than all its competitors combined and holding a market share of 60 percent in NEV sales in Q3. Yet, even Tesla’s sales in the U.S. dropped by 20 percent on the year in the third quarter, Canalys said. “There is a severe lack of choice when it comes to NEVs in the US,” Chris Jones, Chief Analyst for automotive at Canalys, said, commenting on the research. Tesla’s Model 3 deliveries in the U.S. have peaked, while the competitors haven’t offered anything new to challenge the market leader, he added.

To: robert b furman who wrote (8272)	2/21/2020 3:15:31 PM
From: Kirk ©	Read Replies (2) \| Respond to of 26631

Those buggy whips... probably why we missed that Tesla charges owners $10 a month for software updates to get the latest features. That starts to add up as sales grow.

To: robert b furman who wrote (8272)	2/25/2020 4:12:06 PM
From: Kirk ©	1 Recommendation Recommended By kimberley Read Replies (1) \| Respond to of 26631

Well, glad I let TA keep me out of XOM... much closer today to its iH&S breakdown target than it was when I considered it... Not much gas burned here in Taxifornia if COVID-19 has everyone working from home... and voting for the Bern to beat the orange man. If my data is correct, today marks two days in a row with every Dow stock down. That has a lot of sentiment stuff like clx, fear n greed, cpc, etc. saying the ball is in the strike zone... not up on a tee, but I've started nibbling. Feel fortunate to have my percentage in equities at a record low just before the collapse. That makes it MUCH easier to handle as I comb my list and charts to see what looks interesting for potential purchase before the major support points kick in other new shares. Still, not without pain as we're fairly young so we should have a decent amount in equities.....