Maybe he'll present from Earth Orbit.
Plus he could demo Summons his Roadster!
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Plus he could demo Summons his Roadster!
EVNow
Well-Known Member
I was wondering about this. POTUS tweets cause such chaos - and out of chaos comes fantastic profit opportunities.
Traders pocket 'stunning' profits after Trump's comments on trade talks goose the stock market
Traders pocket 'stunning' profits after Trump's comments on trade talks goose the stock market
"There is definite hanky-panky going on, to the world’s financial markets’ detriment. This is abysmal."
That’s one longtime CME trader’s troubling assessment of what he views as stock market manipulation the likes of which he hasn’t seen since al Qaeda cashed in before initiating the Sept. 11 attacks.
In Vanity Fair’s deep dive into “the fantastically profitable mystery of the Trump chaos trades,” William Cohan takes a look at how some timely presidential pumping of the stock market made some futures traders billions of dollars.
One windfall, in particular, drew the attention of Finance Twitter. On June 28, a trader, or group of traders, snatched up 420,000 September e-minis, which amounted to about 40% of the total trading volume, shortly before the closing bell. Trump the following weekend emerged from a meeting with President Xi to say the trade talks were “back on track.” The market cheered the announcement and stocks rallied enough to apparently turn that trade into a $1.8 billion profit.
That’s one longtime CME trader’s troubling assessment of what he views as stock market manipulation the likes of which he hasn’t seen since al Qaeda cashed in before initiating the Sept. 11 attacks.
In Vanity Fair’s deep dive into “the fantastically profitable mystery of the Trump chaos trades,” William Cohan takes a look at how some timely presidential pumping of the stock market made some futures traders billions of dollars.
One windfall, in particular, drew the attention of Finance Twitter. On June 28, a trader, or group of traders, snatched up 420,000 September e-minis, which amounted to about 40% of the total trading volume, shortly before the closing bell. Trump the following weekend emerged from a meeting with President Xi to say the trade talks were “back on track.” The market cheered the announcement and stocks rallied enough to apparently turn that trade into a $1.8 billion profit.
Fact Checking
Well-Known Member
11°C-ish for the next few days, but next Wednesday is forecast to be sunny at 16°C, which is excellent weather for October. It's also the day of the earnings call.
OT
For US investors/traders: now that trading fee is waved, trading becomes more advantageous than it used to be (not comparing trading with investment, just comparing free trading to trading plus fees).
Trading profit has pretty high tax if holding period is less than a year. I think it's very helpful to max out IRA accounts. If you swing trade in an IRA account, make sure your trading targets are safe companies with reasonable valuation, you can trade index or sector ETFs. Buy low, sell high, study your targets carefully, study their charts. If you only deal with safe companies, when the stocks you picked go lower, you can hold until they come back. Never pick something that has risk to bankrupt. Risky stocks go lower all the time, they look cheap, just never deal with them. Never gamble. Also having 5~8 trading targets is much safer than trading one.
Then use trading profit to buy more stocks for long term. I use trading profit from other stocks to buy more TSLA.
For US investors/traders: now that trading fee is waved, trading becomes more advantageous than it used to be (not comparing trading with investment, just comparing free trading to trading plus fees).
Trading profit has pretty high tax if holding period is less than a year. I think it's very helpful to max out IRA accounts. If you swing trade in an IRA account, make sure your trading targets are safe companies with reasonable valuation, you can trade index or sector ETFs. Buy low, sell high, study your targets carefully, study their charts. If you only deal with safe companies, when the stocks you picked go lower, you can hold until they come back. Never pick something that has risk to bankrupt. Risky stocks go lower all the time, they look cheap, just never deal with them. Never gamble. Also having 5~8 trading targets is much safer than trading one.
Then use trading profit to buy more stocks for long term. I use trading profit from other stocks to buy more TSLA.
EVNow
Well-Known Member
Thankfully the Q4/Q1 related options helped out there. I've so much losses to carry forward
Elon Musk
Interesting observation. It also appears to be the case for the ETFs of the market averages, albeit to a lesser degree. During regular hours this was a light trading day for the market averages, but even more markedly so for TSLA. The TSLA bid-ask spreads during after-hours trading today may have been too wide for many traders to bite. A wider spread can occur during the days before an earnings report when the price change immediately afterward could be large in either direction.
... or worst case for quarterly numbers the lines are shutting down for a maintenance/retool period.
I am up to 6 ft 4 inches tall. *in shoes on the moon.
Ford has up to 8 years until bankruptcy. *whenever Tesla pickup is in volume production for 2 years.
Dan Detweiler
Active Member
Quick trip to Shanghai to cut the ribbon on the production line!
Dan
What exactly does that mean, for a taxed account? I didn't think it was possible to trade at all in a non-IRA account without it counting as regular income.
Don't you have to just buy and let it sit without trading long enough so it counts as capital gains when the stock value goes up if it's not in an IRA??
The Accountant
Active Member
Yes - in taxed accounts (non IRA/401k), gains for stock held less than one year are taxed as regular income. If the holding period is one year or more, the gain is taxed at (lower) capital tax rates (which vary depending on your income tax bracket)
There are some minor exceptions but this is the general tax implication
Business Insider has been publishing TSLA articles at a feverish pace.
Causalien
Prime 8 ball Oracle
Or he is going to China and the great firewall is on overdrive right now due to HK.
anthonyj
Stonks
007 on Twitter
Selling all of my trading shares before ER. 100% gonna tank. Not even trying to be funny
Selling all of my trading shares before ER. 100% gonna tank. Not even trying to be funny
Causalien
Prime 8 ball Oracle
Damn it. TT007 just jinxed the rally.
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