My wife keeps telling me TSLA can’t go down much more because it is the greatest company of a generation. She’s a permabull. I tell her all the time she is right and the market is wrong.
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Has been for weeks. It is the usual "we go up after quad-witching as much call-pressure is being relieved"-play ..
Yesterday that spike at $810 was sitting there alone and max pain was.....$810.
You're in this thread. You know exactly why!We are up 3.6%!!! Oh wait, that is Ford. Nio is up over 9%. The most profitable company TSLA is down 1.3%. WTF.
We are up 3.6%!!! Oh wait, that is Ford. Nio is up over 9%. The most profitable company TSLA is down 1.3%. WTF.
We are up 3.6%!!! Oh wait, that is Ford. Nio is up over 9%. The most profitable company TSLA is down 1.3%. WTF.
Not trying to get too off topic but @heltok pointed out yesterday their holdings are like .05% of TSLAs market cap.If we are down 7% on red days and up 0.13% on green days while XPEV is +7% and Nio is +13%, I will start to have liquidity issues. The stock has to recover at some point. Sold all my Bitcoin and Ethereum in February, don’t like the fact that crypto is capping my most profitable stock in my portfolio.
Thank God. I can't loose money that day....FYI market is closed this Monday 6/20 for Juneteenth federal holiday.
The high CPI print invalidated the ihns pattern. Best we can hope for right now is a double bottom once be bounce off 625. Target still 970.Do support levels still matter in full blown bear markets or do they have a chance to form the neck lines of a reverse head and shoulder @dl003
very tempted to daytrade 660 straddle $50 3 DTE
imagine getting even just $10 from that
You are absolutely correct.With shares at $647, did it really generate income? Or are you talking cash flow?
The sold call offsets the drop in share price, but it's still 75-34=$41 in the red (looking only at this trade).
Of course, on the rebound it'll be great (depending what/ if you have CCs then)