LCIDW - Electric Car Stocks: How To Use Finance Theory To Profit
- Electric car stocks are following a basic model also set by cannabis stocks, sports betting stocks, and SPACs.
- Applying a couple of basic finance principles can help protect you from long-term losses and set up trading opportunities.
- These principles will apply to any speculative asset class in the future.
- Understanding capital structure is the first principle, and understanding momentum is the second.
- There will be plenty of traders betting on Lucid earnings and Nio and Tesla deliveries. Most of this can be ignored in favor of a long-term view.
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Electric Car Stocks: How To Use Finance Theory To Profit