Tag Archives for " Tesla "

Tesla – Still Bullish on Elon Musk

Tesla Motors (TSLA)

In this video I take another look at Tesla (TSLA). I last reviewed TSLA on February 9, 2017. 

I was extremely bullish on the stock. It had closed at $262.08 on the day prior to my video. It then hit a high close of $383.45 on June 23.

It has now pulled back some. I discuss what I am expecting for this corrective wave and what I am looking for after that. Continue reading

Is the Model 3 Pushing Tesla to 400 and Beyond?

Tesla Model 3

Tesla (TSLA) has been acting like a rocket ship lately up about $88 a share (49%) in just the last 2 months.  It is rapidly gearing up for production of the Model 3 which will be its lowest priced model available.

In the video below I analyze the weekly and daily charts of TSLA to see where in the Elliott Wave cycle TSLA currently sits.  My assessment may or may not surprise you. Continue reading

3 Tips to Help Your Trading

3 tips to help your tradingA book in my library jumped off the shelf and into my lap. It said “remember me?” So I thought well, I haven’t looked at this in a while, let’s take a peek.

3 Tips

Inside there were some pearls of wisdom…3 tips to help you trade well. So I thought I’d share them with you.

  1. It’s not about who’s right.
  2. Forget the past.
  3. Avoid the future tense.

Continue reading

Deja Vu

deja vuThe stock market practically did a repeat of yesterday in that it only moved fractionally, with the trading range also similar to yesterday. But today all indices were down. So as Yoggi Berra said, “It’s like deja vu all over again.”

In tonight’s Weekday Market Wrap video I look at the Nasdaq Biotech ETF, (IBB) which got hit pretty good and I also look at Apple (AAPL) and Tesla (TSLA). Continue reading

Fake-Out | Stock Market Wrap-Up

The market opened down fairly strong this morning on the back of weak futures trading last Friday morning and overnight Sunday night. But it quickly showed that it was a fake-out as it turned around and closed higher on the day. The DJIA was up 117, the SPX was up 13 and the Nasdaq was up 30 points.

In tonight’s video I look at today’s action and then review Facebook (FB), Apple (AAPL), Tesla (TSLA) and Rite Aid (RAD). There are new trade ideas posted on FB and AAPL.

If you haven’t checked the training video on stops, check it out on the Training Web Page!

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