up 3.6% in December, the most in two years. Inventories are down to three months, an all-time low. Median Home Prices rocket 7.8%, the most in four years. The market could grind to a halt for sheer lack of supply.
with the stock up $35 to $582. Analysts can’t raise their targets fast enough. It’s still the most heavily shorted stock in the market, and the largest single position for many Mad Hedge followers. My ten-year target of $2,500 is starting to look too conservative. Elon Musk is crazy not to do a secondary share offering here.