|Day Low/High||554.26 / 573.86|
|52 Wk Low/High||176.99 / 594.50|
The China coronavirus, extended technical conditions and a 'sell the news' reaction to earnings are giving the bears ammunition.
Price action, volume and volatility tell the whole story, and here's what to expect soon.
"Tesla's shares rise to $600/share before it poops out. Elon Musk marries Grimes, his pregnant girlfriend. The couple divorces by year-end. " - 15 Surprises for 2020 Earlier today Tesla traded at $594.50 - within a few ticks of my $600/share surpris...
This chart of Tesla is why I rarely short high interest stocks (relative to float and average daily trading volume):
Growth indices soundly trounced value indices in 2019 and it's starting the same way this year, but that trend can't last forever.
Tesla and even tech stalwart Apple are sporting valuations that appear high relative to their growth prospects.
What does Tesla do? It's an electronic delivery vehicle. Right now others have cars that are electrified but they are not electronic delivery companies like Tesla is. That's right, it is not a car.
News that the Chinese coronavirus reached us and the Boeing flop have finally pushed us down, but what if it's short-lived?
The markets have been basically stuck in the mud since the first hour of trading today as investors seem more than ready to call it a week before the three-day weekend. Major indices remain slightly in the green, but I wouldn't be surprised if we ge...
Which is older: the current bull market or Betty White?
Let's look at this stock's rise compared with Qualcomm in 1999 and even Tesla now.
Thank Morgan Stanley analyst Adam Jonas for all he's shown us on the problem with TSLA.
There are gains on real news like Morgan Stanley's, and the other rotten-tomato variety. I don't want recommendations based on intellectual vacations.
I have been among the most wary of China and its ability to change. I remain that way. But the U.S. got more than I ever thought.
A recent study estimated that the world's airlines would need about 637,000 new pilots over the next two decades to meet demand.
After a mid-November pop, IGT shares have been consolidating over the past two months.
and (see below) are very good examples why one of my basic tenets of short selling precludes me from shorting companies that have a large short interest relative to average daily trading volume or float.
Monday brought more record highs for the broader equity indices. As a trader, the feeling is so eerie. I'm not kidding.
What if a stock is being propelled by actual events or changes?
* In 2019 equities rose far faster and interest rates fell sharper than the consensus expected * 2020 could be a year of out-of-the-VIX thinking and mean reversion in valuations/stock prices as profits, politics, geopolitical events and other uncert...
The maker of athleisure apparel unveils an upside surprise that illustrates how spending by people of means benefits higher-end names.
As hard as it is to believe, there are other carmakers in the world outside of Tesla.
Here is the 2019 manufacturing data (in units) for the big car companies: Tesla - 367k General Motors - 10 million Ford - 5.5 million Fiat Chrysler - 2.2 million Nevertheless, the market capitalization of Tesla (at $89 billion) is the largest for an...
Let's check a key difference between the late '90s and now, and why it's hard to get excited over this market.
What feeds this force and how -- and when is it good vs. suspect?
What happens if there is even one piece of negative information to interrupt Musk's -- literal -- victory dance?
Let's dissect these two concepts that explain why we're rallying like we are now.