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3Victoria
Active Member
The Tesla sample size is so small as to be meaningless, and no conclusions can be drawn from it. Therefore, comparing it to any other data is disingenuous.
These are good news, but there is a new caveat mentioned in the article:
Does anybody has any info on whether Tesla is member of this partnership, or what does it take to become a member ?
Just want to make sure we do not celebrate too early, this maybe an even more devious trick to completely exclude Tesla even all Model 3s...
racer26
Active Member
https://www.ontario.ca/page/electri...tnership?_ga=1.84609177.1063102858.1485990254
Looks like they're still finalizing how that part of it works.
I don't really understand why, but it seems like when Kathleen Wynne's government changes the EVIP program they announce the changes before they're fully implemented. When it changed last year, the new forms didn't go up with the specifics for weeks.
Looks like they're still finalizing how that part of it works.
I don't really understand why, but it seems like when Kathleen Wynne's government changes the EVIP program they announce the changes before they're fully implemented. When it changed last year, the new forms didn't go up with the specifics for weeks.
Waiting4M3
Active Member
3Victoria
Active Member
LOL I don't play that big.... 250 and 500 share lots a few times a day is my level of indulgence in the game of day trading.
And I don't perticularly like day trading, it's something I do out of the desire to stay involved and make a buck on down and sideways days.... some people buy puts, some short, some hold for the long term and dont worry about the ripples.
I hold for the long term and day trade for a cheap thrill and to stay involved.
Edit: my guess is a lot of people do the same thing I do, and a lot of them do it in bigger batches... Then there's the algo-bots that do it big and fast.
Zhelko Dimic
Careful bull
BTW, I did my thing for the 'cause' yesterday.
I put the deposit down on inventory S60, eventhough I couldn't find buyer for my Porsche 996 Turbo; I couldn't wait anymore.
Tesla found me 'almost not insulting trade-in value' for my SL55 AMG, so that one is gone instead. I'm very excited to pick up S60! And I'm keeping my model 3 reservation, just in case
And to stay on point of this thread, as I was checking the car, there was another Tesla sales rep from Montreal with the buyer that was interested. He called my rep couple of times while we were going through the process. And, I'm sure it wasn't doctored; if anything, my weakness is that I'm always very suspicious of the setups, and always looking for one.
Second car I was thinking about, the least expensive inventory X75D was also gone in the number of hours. And finally, few P100Ds that have had some discounts were also gone yesterday, so yeah, inventory Teslas are still selling, though they've become less affordable in Canada. Way less affordableI'm sure Tesla can crunch some interesting data on demand elasticity with price increase over last 2 years in Canada, though they'd have to cross check against overall growth trends, and against velocity of brand penetration in areas where Teslas are being sold. I. e. not all areas grow at the same speed, rate of growth is an (increasing) function of local markets maturity. Toronto is probably now where California was in 2015, Montreal is probably a bit ahead, bc. of the more extensive grants etc...
OMG, OMG, OMG!
My incentive just jumped from $3K to $14K (CAD)!!!
Ontario Making Electric Vehicles More Affordable
Tesla is going to sell whole lot of vehicles in Ontario now. Quebec used to be bigger market than Ontario, because of $8K incentive vs. $3K, now it's $14K vs $8K
Make no mistakes, these things matter, as you can judge by my mood
Zhelko Dimic
Careful bull
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OMG, OMG, OMG!
My incentive just jumped from $3K to $14K (CAD)!!!
Ontario Making Electric Vehicles More Affordable
Tesla is going to sell whole lot of vehicles in Ontario now. Quebec used to be bigger market than Ontario, because of $8K incentive vs. $3K, now it's $14K vs $8K
Make no mistakes, these things matter, as you can judge by my mood
I am cross-posting from the Ontario EV thread, I noticed another difference. Prior, Manufacturer Demo EVIP was limited to < 2000km for a buyer of a demo car to qualify for the $14000. Now, so long as a dealer requests an extended range EVIP demo, that can be increased to 15000km! That's a hot deal for those lucky peeps who can snag an inventory demo with some depreciation on the odometer!
Moderator Note:
Please keep General Discussion to the thread dedicated to same, and this thread strictly for Market Action material. There was quite a bit of....the other stuff...in esp. today's discussions. Thank you.
Please keep General Discussion to the thread dedicated to same, and this thread strictly for Market Action material. There was quite a bit of....the other stuff...in esp. today's discussions. Thank you.
This was definitely an algo; it seemed to happen as quickly as a few times a second in smaller lots, but I first noticed it when quantities of say, 3100 shares would be bought in one trade (at/near ask), then seconds later, sold (at/near bid), then 20 seconds later it'd happen again. Even saw it happen in lots as large as 9600 a few times. Each time, thinkorswim showed the "matching" trades originated from the same exchange. And importantly, it seemed to lose money more often than not.
This seemingly turned out very effective at killing any macro-inspired rally today and yesterday afternoon. My hunch is someone is trying to protect some sizable short positions, as this pattern appeared most heavily when TSLA appeared ready to break upward and/or set/confirm an important technical point - for example just after 2pm EST both yesterday and today.
I've gotten burnt on options twice now this week due to this, so I'd love to find a way to detect and flag the pattern in thinkorswim so I don't have to constantly watch the trades & sales pane, but also backtest how often "pairs" of large trades happened at support/resistance points, HOD, etc.
According to the attached chartist and yesterday's price action, today is the day we stay in or break below the channel. It looks like the $249.24 close JUST kept us in, but anything below 250 today and the upward channel is broke...
TrendTrader007
Active Member
$TSLA $AMZN bullish on both since both have addressable markets in trillions
I personally don't think this thread has been out of line yet, though I appreciate you trying to aggressively keep it that way. Be gentle, I think the split is going pretty well.
And if ER isn't great? Don't charts and patterns become generally meaningless with new material information?
It sounds like you are suggesting that charts mean continued price increases but I'm pretty sure that's going to require above "meh" ER or great guidance at a minimum.
Plenty of shares available to short at Fidelity. 130k was borrowed, and the remaining available shares were replenished couple of times, with another 129k available for shorting. Interest rate inched down to 2.25%. Feels like we'll see a lot of shorting today.
I'm still on the sideways for a week or two theory... question is what's the range? Will it hover around 250, bounce between 250 and 255.... 250 and 255 makes sense, let's see if we get back in that range today.
Edit: Hoping it doesn't consolidate below 250 with resistance at 250....
Edit: Hoping it doesn't consolidate below 250 with resistance at 250....
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