TSLA Market Action: 2018 Investor Roundtable

[KarenRei]

Over 4% higher than NASDAQ. Well done, TSLA!

 

[SpaceCash]

Highest close since Aug 8th. I was slightly nervous yesterday evening, but I think we are quite safe after seeing what today brought us.

#ToDaMoonSoon

 

[MartinAustin]

Awesome strength by TSLA today. The final 15min or so showed that shorts are out of ammo - it ought to have been easy to keep it negative... but TSLA simply climbed back into the green.

 

[Tslynk67]

Apologies, but this is OT, as in ON TOPIC!

What a great end there, so close to 360. 4% above NASDAQ!

 

[lklundin]

The guy who made a name on TV saying "you are fired" - in real life is very reluctant to confront people face to face. All the people in his campaign and administration he has fired, were done through others. He even asked Don Jr to escort Lewandowsky out of the building.

In think we need to refine this characterization.

Donald Trump has no problem being very rude and confronting to journalists that interview him.

I would prefer not to debase myself by repeating his words.

 

[anthonyj]

More dumping from Ark. They’ve been selling every single day, even during red days

 

[EVNow]

If we "know" someone is going to spend a lot of money keeping the SP below 360, I guess we can at least make some money based on that ?

 

[humbaba]

Shorties attacking late.....trying hard to keep it under $360....still, all in all, a great day given the market bloodbath today

and ended up >4% above NASDAQ. To me, that is more impressive than if $TSLA had closed at 370 with NASDAQ flat...

 

[Open Interest]

Cathie Wood is on CNBC now....

 

[Open Interest]

What an impressive performance today! Tessie showed outstanding strength!

 

[Webeevdrivers]

Never liked em... Like Darth Vader all over the streets today. Y and Truck will be sleek as dolphins with highest EPA!
Does the Truck have a name yet?

How about S3XY Fruck

Amazingly Super Fast Truck.

S3XY ASFruck.

I know. Needs work.

 

[X Fan]

More dumping from Ark. They’ve been selling every single day, even during red daysView attachment 357864

Granted, haven't followed their funds but I've seen on here that they're limited to a stock being a limited certain percent of a fund...I wonder if it's simply TSLA going up while others down so a need to rebalance daily.

Or, locking in some profits to show gains in their fund or bailing a bit.....

 

[ZachF]

Amazingly Super Fast Truck.

S3XY ASFruck.

I know. Needs work.

Tesla truck = Model U
Tesla subcompact = Model 2
Tesla Roadster = Model R

UR2S3XY

 

[EnzoXYZ]

Wrong. Foxconn "assembles" what and how Apple tells them to.

All this Apple hate is misplaced .... the quality of their products is unrivaled along with customer satisfaction ... And they do this in a scale that Tesla can only imagine at this point.

Easy to hate them since they are a premium priced product that changed the entire landscape for products they produce .... surprising more people don't embrace them on this forum as I see Tesla in the same way ... that's why my money is on both!

Cheers to the longs

Wrong. Foxconn has all the manufacturing IP and technology on the phones.

 

[aubreymcfato]

It’s my birthday, and I’d like green to end the day!

It's my birthday too! ;-)

 

[Curt Renz]

More dumping from Ark. They’ve been selling every single day, even during red days

And you keep announcing this. And I have to keep explaining that TSLA remains the #1 holding in three of ARK's ETFs. They rebalance their funds virtually every day, while trying to keep any individual holding at not much more than 10%. Today many of their holdings moved down in price, thus making price-gaining TSLA a relatively higher percentage of their holdings. Do you understand?

 

[lklundin]

The only surprising thing is that he haunts this forum.

I'm guessing it's the OT posts.

 

[MikeQ]

And you keep announcing this. And I have to keep explaining that TSLA remains the #1 holding in three of ARK's ETFs. They rebalance their funds virtually every day, while trying to keep any individual holding at not much more than 10%. Today many of their holdings moved down in price, thus making price-gaining TSLA a relatively higher percentage of their holdings. Do you understand?

I'm learning. When I saw the ARK dumping post I literally said to myself, "Curt has explained this".

BTW Curt, do the big mutual funds like fidelity have practices like this as well?

 

[TheTalkingMule]

Quite an impressive price action day. Gotta be shorts forced to cover. Delightful.

 

[humbaba]

Quite an impressive price action day. Gotta be shorts forced to cover. Delightful.

I'm not totally clear on margin accounts, but it just occurred to me that if your* $TSLA shorts were backed by other stocks that tanked then you might be forced to cover simply because the others were going down -- which would tend to push $TSLA up and might explain the final >4% lead over NASDAQ.

Well, I don't know, but its a thought.

* well, not your shorts, because you are long. English can be fun.