BY USING THIS SITE YOU AGREE TO OUR USE OF COOKIES FOR ANALYTICS, ADVERTISING, AND OPERATIONS.

SUBSCRIBER EXCLUSIVE: We recently spoke with Amazon, AMD, Tesla, Microsoft and others. JOIN US WITH A FREE TRIAL

Monday, September 17, 2018

Tesla's Stock About To Turn Up

Here's the famous vegetable turn up.
Whoops Turnip, never mind.
We've been patient for Tesla's stock to start turning up. It may be happening. We called out a 280 support. It appears to have held.

Today was also nice. You had "bad news." Oh no Lucid and oh no they have to deliver way too many cars and Musk is whining about it. It's such a terrible calamity of course to have to deliver so many cars, right? Not really.

Ford and GM wish they could be crying on Twitter that they have to deliver way too many cars. Oh no, right?

And in the face of all that "bad news" the stock opened down and managed to crawl its way back to up all day. That's also in the face of a market that got nailed into the close.

So you had bad news today and the stock worked its way up all day to flat in a down tape. That's great action.

Tesla gets our official Turnip award for starting to turn up. Production, delivery and earnings reports around the corner with no-go-private news apparently behind us. Turn-up.

Quick quiz:
Having way too many cars to deliver is:
A) Terrible because as a reporter you have to put a negative spin on everything.
B) A big problem because you'll probably make too much money which will cause pay-down debt hell.
C) A sign of lack of demand for Tesla which means they must be going bankrupt very soon.
D) Really a very nice thing that most car companies could only dream of.
Answer in comments.

Looking For Tech Earnings Home Runs

We spoke to the top tech companies over the last few months to identify what tech stocks have home run earnings potential. Earnings are what drives stocks, especially tech stocks. Finding those few tech stocks that have realistic earnings trajectories way above the Street can give you conviction to see a stock through to big upside. Dip your toe in the water with a free trial.

START FREE TRIAL

All investments have many risks and can lose principal in the short and long term. The information provided is for information purposes only and can be wrong. By reading this you agree, understand and accept that you take upon yourself all responsibility for all of your investment decisions and to do your own work and hold Elazar Advisors, LLC, and their related parties harmless.

We have no holdings in the stocks mentioned unless otherwise noted.

No comments:

Post a Comment

Comment here:

Contact Us

Name

Email *

Message *