Short-Term TSLA Price Movements - 2015

[MitchJi]

Agreed. +10

A lot of people here can't seem to give maoing a break. I've seen some of the older posts that people seem to dislike him for, but honestly, mao is a pretty reasonable guy with good insights and a skeptic mind. He is long tesla and wants their success but he is also an intelligent investor and he is looking for arguments against his investment. It's a smart, defensive thing that all investors should be doing. I think mao brings a lot of value to this place, honestly his "bear arguments" if you can even call his brainstorms that, are the most reasonable I have seen. It's not like he's coming over here spouting ignorant BS like a seeking alpha or profit confidential blog poster for goodness sakes.

Cut this guy some slack he's on the same team, and if no one ever brought up POTENTIAL negatives, we would all be worse off if one of them ended up being correct and true. It's not like he was wrong on a slower than predicted model X ramp months ago when he was saying things seemed to point to it. Don't make this investment an emotional one where anyone who even suggests something negative is the enemy, Telsa has and will continue to make several mistakes along the path to greatness they are following, it's in their DNA.

 

[FluxCap]

Thanks. NASDAQ looks determined to drift down this morning on oil but I don't think that lasts long. TSLA keeps trying to break higher when QQQ goes green, and I think it will.

Looks like breakout underway. Strong movement.

 

[AlMc]

Looks like breakout underway. Strong movement.

Yes. Very good momentum and I do believe this signifies a break out. We need 17k plus to really start a significant squeeze. Hope you are all positioned nicely if this happens.

 

[Bobbyducati]

Yes. Very good momentum and I do believe this signifies a break out. We need 17k plus to really start a significant squeeze. Hope you are all positioned nicely if this happens.

i have more calls open than i care to admit :biggrin:

so far, so (very) good.

 

[Irishjugg]

I don't actually think this is happening in this case (the move is too large and built on actual likely catalysts), but we should all probably keep in mind the possibility of a large buy the rumor, sell the news type effect happening right now when making our investment decisions.
In this case, I think the rumor is actually more negative that what I think the real news and numbers will be. I am privately hopeful for a small down reaction from bots and other investors to provide me extra profit on another buy, I just don't actually see that happening this time.

For the record, long and strong, just bought more shares pure open Monday (I LOVE buying during amateur hour, lots of great prices)

 

[emupilot]

Yes. Very good momentum and I do believe this signifies a break out. We need 17k plus to really start a significant squeeze. Hope you are all positioned nicely if this happens.

When the volume dies down, I'm skeptical that we keep this level. The forces of manipulation would not like TSLA this high right now, so I suspect the remainder of today and tomorrow could see a slump back downward. Although I am still strongly bullish I sold one of my calls at ~242 in anticipation of a pullback this week and/or a hedge against a disappointing delivery report on Monday.

 

[AlMc]

When the volume dies down, I'm skeptical that we keep this level. The forces of manipulation would not like TSLA this high right now, so I suspect the remainder of today and tomorrow could see a slump back downward. Although I am still strongly bullish I sold one of my calls at ~242 in anticipation of a pullback this week and/or a hedge against a disappointing delivery report on Monday.

certainly a possibility and never hurts to take a profit. I have toyed with selling enough of my Jan calls to break even and let the rest ride to see what happens.

 

[bh1783]

certainly a possibility and never hurts to take a profit. I have toyed with selling enough of my Jan calls to break even and let the rest ride to see what happens.

That's what I did. Makes your decisions easy after that. Arbitrage your position and then just hold until expiration.

 

[AlMc]

certainly a possibility and never hurts to take a profit. I have toyed with selling enough of my Jan calls to break even and let the rest ride to see what happens.

That's what I did. Makes your decisions easy after that. Arbitrage your position and then just hold until expiration.

Yes. Done. I may sacrifice some upside but that is OK. I usually have more trouble picking a 'sell' point than a 'buy' one.

 

[bh1783]

Yes. Done. I may sacrifice some upside but that is OK. I usually have more trouble picking a 'sell' point than a 'buy' one.

Realized gains are always worth more than unrealized gains. Playing with weeklies is always a battle against time.

 

[Irishjugg]

Sorry, I might be missing something, but aren't volumes quote low right now in TSLA?

 

[bh1783]

Sorry, I might be missing something, but aren't volumes quote low right now in TSLA?

Relatively, but today's volume is already higher than yesterday. Also gotta consider the shorter trading session tomorrow.

 

[AlMc]

Sorry, I might be missing something, but aren't volumes quote low right now in TSLA?

relative (by percentage) to some of the other stocks I follow (apple, Google, FB, amazon) they are 'higher' today.

'bh' beat me to it:wink:

 

[jesselivenomore]

Sorry, I might be missing something, but aren't volumes quote low right now in TSLA?

End of year volume for the general market is always low. SPY volume is currently 25% of yesterdays, while TSLA is currently 100% of yesterdays. So volume is looking like at least double yesterday.

 

[MikeC]

Relatively, but today's volume is already higher than yesterday. Also gotta consider the shorter trading session tomorrow.

I know Christmas Eve was a half session, but I can't find anything that says NYE is as well. I think it's a full session tomorrow.

 

[Bobbyducati]

I know Christmas Eve was a half session, but I can't find anything that says NYE is as well. I think it's a full session tomorrow.

according to etrade, only bonds market closes early (2pm).

 

[Irishjugg]

Yeah I work at a trading firm and we are working a full day.

I guess by low volume I meant relative to the 4m or so number that was the average volume for a long time. I guess I didn't realize that had dropped off so much in the last few months. Thanks.

 

[Bobbyducati]

running outta steam for the day....hope not

 

[FredTMC]

running outta steam for the day....hope not

Nah, there will be a final run up in the last hour today. Unless market falls apart

 

[FluxCap]

Nah, there will be a final run up in the last hour today. Unless market falls apart

I have this hunch we will see a crude oil bounceback overnight, and tomorrow AM will be a buy the dip fest in US equities on last trading day of 2015, plus people loading up on TSLA to cash in on delivery news next week. We shall see. Interesting price action to watch.