$Centurion(OU8.SI)$ very sick stock ..in spite of upgrades and valuations, selling down seems to be quite consistent when it hits 1.44 .. suspect it is undergoing a long distribution before it breaks down further.. anyone any idea why this stock is so sick ???
$Lucid Group Inc(LCID)$ Lucid Motors manufactures its vehicles in the United States. Specifically, their production takes place at the AMP-1 (Advanced Manufacturing Plant) facility in Casa Grande, Arizona. This means that 100% of Lucid cars are made in America, showcasing the brand's commitment to American manufacturing and supporting the local economy. Given Trump's call for made in America, and with the ev credits withdrawal in the big beautiful bill, think the market has overlooked and misread the greater advantage of Lucid .. it is a buy from here ..
The ev credits are withdrawn will result in making Lucid better valued compared to to other low end models.. ev credits are not so relevant in high end ev cars ... so I thot that such ev credit withdrawal will be a boon for lucid stock .. hmmm
I think kettle cannot call the pot black .. Sgp has been doing this all the while altho not specifically targetted at any countries imports...Sgp taxes all imports with duties.. so that is some kind of tariffs already.. that made Sgporeans to buy cheaper products after import tax... thus favouring cheaper imports ...😥