So, here is a question? Is there any reason to buy a short-term TSLA position before the ER day? The way macro is going I'm convinced I should just be watching. (I do have a core position so I wouldn't miss out if it turns around before then)
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Do you have any particular insight as to how macros are going to trend between here and ER? Just assuming that they'll continue following whatever line they've been on in the past couple days isn't necessarily a wise approach
Nobody can answer this. I'd say it depends on your time horizon. If you can stay attached to the market and trade the volatility I would do that. Until earnings day, right now there's a push and pull battle between the following:
- Sentiment of earnings/profitability (we know the delivery figures it just depends on what products were sold at what gross margin)
- News headlines
- Elon's phone risk
So we'll be trading in an incredibly wide channel like we did in 2013. Analysts are still going back and forth and short positions are loaded (granted they cooled off in the last few days with some covering)
Just bought a bit more TSLA at 248.9. Quite a sale price!
HG Wells
Martian Embassy
I just did
I'm tiny fish, probably won't influence the stockprice very much Odds of me beating Wall Street at it's own game are pretty slim, so me buy and intent to hold very long time
Well, yeah, I have absolutely no idea which direction the market will go in the short term - especially on the macro level. I have my gut feeling based on watching the market over the years but that hasn't proven to be accurate. Anyway, you are right, and that is why I have a core position. But if I'm gambling I think I'm going to leave it to just the ER. It seems like the most likely bet for me to win even if we rebound to $300+ before then.Do you have any particular insight as to how macros are going to trend between here and ER? Just assuming that they'll continue following whatever line they've been on in the past couple days isn't necessarily a wise approach
QQQ is down 2%, falling from a rising wedge. TSLA is a risky, highly priced stock and it's bound to drop a lot more than the market as a whole. It's unfortunate, but it's to be expected.
Slides without dates and values usually are intended to spread FUD. I do not know how you manipulated that chard but this is what I see:
Looks quite different to yours right?!
Strong long term support at 241 - 251 over the last 18 months. In the past this has been a great buying level and opportunity and with fundamentals stronger than ever its hard to imagine that this does not apply today too.
If you expect it to fall below then you may experience the unexpected.
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shlokavica22
Member
Exactly. Ford are lucky they don't have TSLA products competing with their F-series (the German Auto are suffering the most for now).
I have F puts also as a hedge if/when the market crash comes.
Looks like we’re recovering much more nicely than the market at large.
It's a QQQ chart, not TSLA... 1 year chart btw, you can clearly see the february correction after that january spike. (Top let in the chart: QQQ Daily).
ok i'll bite. i saw the ipace last weekend and its a nice piece of kit. what is the competence ratio between jaguar and magna? was it mostly magna?
One of the first you learn in university is never to even create a chard without written metrics on the x and y axis. Regardless if its correct or manipulated its worthless for a reader if you post it like you did.
At this stage I consider the consistent use of 'chard' as opposed to the correct 'chart' as a sure sign that no one has hacked the account.
See what I did there?
Senator Barrasso's opponent in Nov. 6th election is Gary Trauner for U.S. Senate I just sent him $100. I've been donating to countless campaigns this year. Every moronic move as I watch Cspan gets a donation to the opponent.
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