All $Tesla(TSLA.US)$ shareholders or pro Tesla people came here to mock $Lucid Group(LCID.US)$. haha.
Well, just keep your fingers away from your keyboard and watch how Lucid will fly further, and then let your fingers to talk about your loving Tesla.
The fact is that Lucid's EV quality and battery efficiency are way better than Tesla's. Stop denying, people!
Elon's unethical behaving and actions in the capital market are already down signals for Tesla. You all Tesla shareholders better keep watching his share dumps will come in the near future. Don't forget Elon is more like investor not the true leader. He took the CEO title at Tesla as a narcissistic investor who unfairly treated the initial engineers. His involvement in coin market.... so unethical!

$Advanced Micro Devices(AMD.US)$One of the reasons I bought AMD at 35 then 52 then 106 is because THANKS TO AMD building a PC finally is affordable . Before AMD , Intel was super charging us and made so much money on our backs with overpriced products. I'll never forget that. So yes. AMD all the way.

$Rivian Automotive(RIVN.US)$ trades lower on a Teslarati report that the EV maker will delay future deliveries of its R1T all-electric pickup and R1S all-electric pickup SUV until 2022.
Teslarati sources and members of the Rivian Owners Forum have received emails stating that their pre-ordered R1S SUVs won't be delivered until March 2022 or later, months behind the original projection date of January 2022. Some R1T pre-orders have also been delayed according to sources.
The email did not mention the production start date for the R1S, which was supposed to be in December 2021 but may not be on track given the delays.
The breakdown through an informal poll on the Rivian forum:
$Lucid Group(LCID.US)$ $Tesla(TSLA.US)$ $NIO Inc(NIO.US)$ $XPeng(XPEV.US)$

$SPDR S&P 500 ETF(SPY.US)$ Has anyone noticed the U.S. stock market is trading at 209% of GDP versus an average (across cycles) of 85%?
When the housing bubble burst, this ratio fell all the way down to 50%.
Inflation is rising.
Rates are rising.
Markets will...de-risk.
There's a yawning gap between 209% and 85%...or 50%.
The window is closing.
Time to sell.

$Tesla(TSLA.US)$ is cooling off after gaining in five straight sessions.
The stock is still up 6% over the last week and 27% over the last six weeks.
Trading volume today on TSLA is more than 30M shares.
Despite the trillion dollar market cap for Tesla, the stock still has the fifth highest rating on moomoo in the auto sector.

Squid game is the hottest series on $Netflix(NFLX.US)$ right now, in which 456 players join a game of death, where they have a chance to win 456 Billion Korean Won (KRW), or 38.5 Milllion US Dollars.
What’s interesting about this series is that it depicts human sentiment in a very realistic way. We could see how market participants think and act by looking at the participants of the squid game.
A random guy appears at the subway station, and offers to play card flip, where he’d slap the player if he wins, and pay $100 if he loses. He actually ends up paying the players, stimulating their curiosity. Later, players are taken to a remote island where they have no clue what game they’re playing, with hopes of potentially winning life-changing money.
Beginners Luck turns to Attribution Bias
People who join the stock market are not different. They don’t know what game they’re playing, and what rules there are. Just as the subway guy invokes curiosity from the players by paying them small amounts of actual money, people are dragged into the stock market through stories of their friends and acquaintances making life-changing money by trading.
You try to remember the name of the stock or cryptocurrency your friend mentioned, and buy it without doing any due dilligence. You participate in the game of the market with 0 understanding of the game and rules.
When the stock/crypto you bought goes up (by chance), you fall into the trap of beginner’s luck. Beginner’s luck refers to a phenomenon or situation in which a beginner experiences a disproportionate ferquency of success against even experts in a certain field or activity. It’s often used in gambling and sports. But beginner’s luck leads to overconfidence and attribution bias.
Overconfidence refers to one’s excessive trust in his decisions based on gut-feeling and his cognitive abilities. This often leads to overtrading, and the market participant ends up paying excessive trading fees. Overconfident traders also tend to neglect statistics, and put all their eggs in one basket. They hardly listen to other people, and tend to choose the stocks/crypto they invest in themselves.
Attribution bias, or cognitive bias, is when people find reasons for their own and others’ behaviors. So when they’re in profit, they think that it’s all thanks to their amazing prediction. When they’re at a loss, it’s because the market was in an unfavorable situation, or simply because they were unlucky. Essentially, they constantly come up with excuses for every situation.
We all know Isaac Newton as a genius physicist, but he was a failure as an investor. He made the wrong investment decision when he invested in South Sea stocks, which led him to lose 20,000 pounds (about $4M today). He lost most of his life savings and famously said that “you can calculate the motions of heavenly stars, but not the madness of people” - a classic example of someone with attribution bias.
Mob Psychology and the Bandwagon Effect
This is accurately reflected in Squid Game. When players play ‘Red Light Green Light’, they are shocked to see other players get massacred. After the game is over, they later vote whether they want to continue playing the game or not. The surviving players fall into the trap of overconfidence and attribution bias.
Only 1 person out or 456 will survive and win the prize money. Statistically, every player has a 0.22% chance of survival. While this is statistically low, they’re taken away by the pile of cash hanging from the ceiling, and start believing that they’re special, and that they can win. Lotteries and gambling work in the same way, in which people bet on a probable case that is close to impossible. Sadly, most people approach trading like gambling.
In Squid Game, right before they play tug of war, a riot breaks out, and players are split into different factions. So when they’re told to team up for tug of war, teams are formed based on the factions that were formed the day before. This shows us mob psychology and the bandwagon effect.
Mob psychology, or mob mentaility, is when people follow the actions and behaviors of their peers when in large groups. The bandwagon effect falls within the scope of mob mentaility, and is a phenomenon in which people do something primarily because others are doing it , regardless of their own beliefs.
The same psychological phenomena can be applied to investors and traders in the market. Instead of trading based on their own trading rules, strategies, and analyses, they simply follow the actions of other market participants. These are the people who end up panic buying or selling, and falling victim to pump and dump schemes.
Conclusion
These psychological phenomena prevents us from making the right decisions in the market, and making the wrong decisions indicates that we lose money. Just like how most people in the Squid Game end up dying, there are many other people who entered the market with dreams of becoming a millionaire, only to lose everything. But unlike the Squid Game, the financial markets isn’t a winner-takes-all. If you can understand the characteristics and rules of each market, and do your due diligence on different ways to beat the market, you can have a statistical edge. As a trader, I would say that technical knowledge accounts to less than 5% of what it takes to be successful. It’s more about understanding your cognitive bias and controlling your emotions and psychological state.

$Alibaba(BABA.US)$ Munger added 80% and Dalio 130%, also Al Gore and Tudor Jones added 40% and 170% respectively only Cathy Wood dropped BABA this Q and we all know she sells a lot of smoke.