TSLA Market Action: 2018 Investor Roundtable

[Todd Burch]

TSLA bearish compared to Nasdaq today. Lagging by about 0.8%. Just turned red too.

Not sure how to trade today. Not sure what a intraday high & low may look like.

Certainly you have to understand by this point that you can't get a picture of how the stock will do for the day during the MMD....

 

[HG Wells]

DAM
I want to panic sell and panic buy at the same time.

 

[anthonyj]

I’ll buy more later today at $331. If that fails, then TSLA is just a trading shell and we’ve all been duped by big money. Tesla has every reason to be at ATH by now

 

[Don TLR]

Well that's a buying drop..

 

[KarenRei]

That talk of put selling is sounding increasingly appealing

 

[Right_Said_Fred]

Thanks Donald

 

[Todd Burch]

MMD complete.

 

[Drax7]

Today both Goldman Sachs and Morgan Stanley re-iterated their bearish price targets, saying that the tax credit phase out will harm demand in Q1 and Europe may not make up for it.

This was done to assist their hedge fund clients.
Reiteration based solely on a guess to suppress the stock.
If we close higher on the day and negate this crap, it in itself
Is a bullish signal.

 

[Mich]

MMD complete.

No. There's mostly every day a false recovery at around 9:40.

 

[EVNow]

MMD complete.

Not so sure. If Nasdaq dives again - so will TSLA.

 

[ZsoZso]

They are going to do it! The bastages are going to make me buy more stock!

oh well, they have already done it for me!
Forced me to buy 109 shares @ 345

 

[tivoboy]

I’ll buy more later today at $331. If that fails, then TSLA is just a trading shell and we’ve all been duped by big money. Tesla has every reason to be at ATH by now

Well ATH in this market and macro environment would be quite difficult for any company at this point.

 

[EVNow]

That talk of put selling is sounding increasingly appealing

BTW, my broker allows me to only sell cash covered puts (level 3). That means for every 1 contract I sell, I need to have $35k cash. So, I don't plan to sell any puts. What is your option trading level ?

 

[MissAutobahn]

W

Gee... Well I don't want to feel left out. Changed my avatar too.

Don't hate.

"Never change a winning horse"

As I will stay invested in $TSLA until climate doesn't change anymore, there is nothing left but changing my Avatar...

 

[KarenRei]

BTW, my broker allows me to only sell cash covered puts (level 3). That means for every 1 contract I sell, I need to have $35k cash. So, I don't plan to sell any puts. What is your option trading level ?

I'd have to check - if it has to be cash covered, then that's a non-starter.

 

[humbaba]

if $TSLA falls enough behind NASDAQ (>2% so far today, after falling on previous days) I may end up buying more shares. Although I hate to see such weakness, its hard to ignore the opportunity it provides.

 

[Todd Burch]

This latest weakness on basically no news makes zero sense. None at all.

 

[sparcs]

Won't this just be worse next week when there is low volume around Christmas?

 

[viridi]

This latest weakness on basically no news makes zero sense. None at all.

The news is two unfavorable analyst reports from GS and MS - two firms that have consistently been very wrong on Tesla. Amazing that the markets put any credence in the words of analysts that have been so wrong for so long.

 

[anthonyj]

This latest weakness on basically no news makes zero sense. None at all.

Makes tons of sense. Buy low in the upper 200’s, sell high at the upper 300’s. That’s what TSLA has become. When the slide starts, there’s no stopping. I’m hoping that this is a fake drop to shake the weak holders