2017 Investor Roundtable: TSLA Market Action

[EinSV]

Kinda quiet of this thread...

Anyone think we will finish with a run up to $302?

I'm going to go out on a limb and say yes.

 

[Nate the Great]

There you go.

 

[farzyness]

Kinda quiet of this thread...

Anyone think we will finish with a run up to $302?

Looks like shorts covering and heading to meet their therapist to get much needed counseling

I think you have your answer my friend

 

[Lump]

TrendTrader007 must have bought more shares...I think he is bullish

 

[FredTMC]

Great Day and amazing week!

Congrats to The Longs!

 

[Todd Burch]

Why/how did it go from $301.20 to $302.54 in one minute?

I wonder if there is some news

Shorts covering when they finally realized we weren't going to drop today is a good possibility.

 

[MartinAustin]

Shorts covering when they finally realized we weren't going to drop today is a good possibility.

I think it was a malfunction in my Active Trader Pro after my laptop had been asleep

Nevertheless... investors jumping in at the end before the close is always a bullish sign.

 

[TNEVol]

I understand that Tesla usually trades opposite of oil. But i dont get why. Wouldnt higher oil prices mean more expensive gas? I guess it could mean higher dollar value, which can be bad for an auto exporter like Tesla. But long term, lower cafe standards and higher oil prices should help drive people to Solar/EVs.

Edit: One issue that solar has is that the better it gets, the worse it gets. Meaning, Solar is helping drive down nat gas prices which makes the value of the solar less and forces the solar to keep getting better. I think this is a great effect, but it can make it hard for solar providers. If Oil/nat gas goes up that should help solar affordability.

I highly recommend the thread on Shorting Oil Hedging Tesla. It contains some of the best analysis I have seen on these subjects.

 

[ggr]

It finished 4c above an option strike price, with lower volume than recently... I think max pain came into play.

 

[Reciprocity]

I highly recommend the thread on Shorting Oil Hedging Tesla. It contains some of the best analysis I have seen on these subjects.

Thanks, I will. I actually think oil is going much higher in the next couple of years as the economy heats up.

 

[Mich]

Shorts covering when they finally realized we weren't going to drop today is a good possibility.

Elon promised some news on MY this week. There's only the weekend left so I expect some MY news and a good opening on Monday. I kept my positions for the weekend.

 

[Todd Burch]

Elon promised some news on MY this week. There's only the weekend left so I expect some MY news and a good opening on Monday. I kept my positions for the weekend.

That was a misquote. Elon was referring to the neural link business when he said he had some news. The publication misunderstood.

 

[Reciprocity]

Elon was referring to the neural link

I am still waiting for this as well!

 

[ggies07]

I am still waiting for this as well!

It will come from Wait But Why Website:

New post coming the next next week, not the first next week, meaning the week of 4/10

Wait But Why

 

[austinEV]

TrendTrader007 must have bought more shares...I think he is bullish

TrendTrader doubles his position in Tesla every day as far as I can tell.

 

[Reciprocity]

It will come from Wait But Why Website:



Wait But Why

I know.. love that site. I follow @Waitbutwhy (Tim Urban) on twitter so I don't have to keep checking the site. He does not post a ton of epic articles but when he does, they are worth reading all million words (exaggeration).

 

[adiggs]

Thanks, I will. I actually think oil is going much higher in the next couple of years as the economy heats up.

We would love to hear your thinking along these lines @Reciprocity (over in the Shorting Oil.. thread). I see so much supply, reasonably flat demand, and increasing ability to substitute renewables for fossil energy world wide, that I see oil going much lower in the next couple of years. That doesn't make me right

 

[fysician]

It was totally decoupled at the end. Bodes well for the next week.

 

[sundaymorning]

Glad to see Tesla up today. Was totally ready for it to be a down day. Let's see how the Syria situation develops over the weekend.

 

[geneclean55]

Heavy volume (especially as it is a Friday) and upward momentum AH.