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200 was definitely the bottom. High 190's. Loading up.
And this is where the reversal begins to take shape.
No. The truth is that there's individuals who hate his politics and will stop at nothing to tear him down for that single reason, while blatantly disregarding the mass amount of facts that support a larger narrative. This is a snipe hunt.
We can all read the competition's data as well, and un comparison, they're all a joke.
Initially, no. But it wouldn't hurt too much if you decided to do it that way. The fallback to this is that one leg will be overvalued due to speculation gains as it moved wildly in one direction, and amidst a reversal, it loses more, faster. Entry during calm points is ideal, but we're reading tea leaves and the entire market is speculation. So just rely on best judgment. This strategy removes emotion from the equation. That's it's strong point. All you want it to do is move, so being able to see the directions taking shape become far easier, since fear of loss, aside from time decay, is removed from the equation.
Looking at potential to brush back into the high 190s, and topside of 212. Opening market sentiment is bearish. I see this as a buying opportunity and more consolidation. There isn't enough major news to drive it down further. The Chinese delivery report for the week may play a small part, but countered with the potential lithium mine acquisition, I see more upside than downside. Even with hesitation still over what the fed rate may do, Ford's woes in production also mean Teslas gains. Competition falling on it's face. Should be a nice game of ping pong this morning.
I set my new straddle immediately. It's not uncommon to do this two or three times even when chasing the momentum. But inevitably, they get smaller if momentum continues. All of this is corrected when the momentum shifts though.
And opening bell is by far the most volatile time of the market. This is without question. A simpler play is to straddle at close, and liquidate 20m-1h after open, evaluating resistances and watching overall trends and news. Simply selling 1 leg on a dip or rally and waiting, but far riskier without opening a new position to hedge the option you left on the table.
I do. It's as simple as straddling It's current price. I typically sit $2 ITM so decay is less volatile, and simply sell the valuable leg as it moves and restraddle on that new mark. I'm always 50/50. When the innevitable correction occurs, I follow the same rule in the opposite direction.
No worries. To evaluate a company, looking at the entire sectors that it's involved in is important. That's why it's so difficult for these people to do proper valuation.
Social media
Space launches
Energy sector
Internet provider
Automotive
Drilling
Lithium mining
Refilling stations
The list goes on and on. Tesla is so much more. So when one sector is hurting and another is growing, it's impact is so much different than one single sector.
That's why attacking just Automotive is silly and futile. The current valuation was due to panic sell-off through 2022 and fed regulation issues. No single Automotive slander piece will justify these jumps and declines. Ever.
The last dip was market wide too.
So absolutely necessary to evaluate all impacted sectors to properly forecast Tesla and it's capability to overcome that trend based on individual performance. It's comparable to 3d chess.
https://news.yahoo.com/GB/news/honda-admits-under-reporting-serious-002303175.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAABg6lnaE3HZmzizxmkNxCvXi9LCd_5t9jplqcA6A75WA_l_UQkwP-St2kgHSxAxBOIRq_zpiv4HvKBtUEo4nD35dX2NI8BfK1zTNxLN1HfOKTS7yqP96C64-CLsmHBoeVxlnZBQmUiCGl48NMlfuMIYNAbsM3Rh7J_zyVYM9e8cp
There's a Honda story :')
It's from 2014, but far more incriminating than these one off Tesla hit pieces.
So you're indirectly admitting that Tesla technology is responsible for 0.05% of the accidents and that 99.95% are because of human error. Thank you. I consider that a win.
16 vs the 32,000 other incidents that aren't Tesla related. Odd right? :)
Crazy how when it's side by side with national statistics for all vehicles... it's nothing in comparison. But hey facts are tough.
https://www.forbes.com/advisor/legal/car-accident-statistics/
Great news to hear.
I will say though. Continue with small bites until you truly get a feel for the rhythm in this strategy. It took me awhile to wrap my head around the possibility before I went in all the way. But once you get the hang of it, straight shares just don't make sense anymore. :)
Good luck on the open!
Depending on the premarket on Tuesday, we will have to dip below 186-187 before there's any indicators of further lows. 188-189 is as far as shorts can push it. A bad overall market is the only mass indicator that they will be able to pull this off and drive the trend in the opposite direction. So until then, I'm sitting bullish for the weeks to come.
I only follow the momentum and basic principles. The 1m and 3m charts show us at the bottom of the next upswing. It would have needed another day or two of consolidation and lower lows to signify a reversal from the current bull market trend. Technical signs are there.
I did post it. I guess you just failed to read it.
They made multiple attempts to replicate it, and observe it neutrally, but your guy failed to produce when it mattered. He's a fraud that uses cheap video tricks. The part about 9/11 and his claims that it caused it 20 years ago... that's... well... it speaks for itself...
https://rationalwiki.org/wiki/John_Hutchison
John Hutchison
John Hutchison (October 19, 1945–) is a Canadian self-proclaimed inventor who claims to have discovered, and promptly forgotten, the secrets of levitation, free energy, and how to make certain metals vanish. He also claims to work for the US Military while living in Vancouver, Canada.
Hutchison also runs a blog, Waiting on the Edge of Forever. This blog contains scans of documents which supposedly help support his claims.
Contents
1The Hutchison Effect
1.1Replication woes
1.2Fraudulent footage
29/11 nonsense
3See also
4External links
5References
The Hutchison Effect[edit]
While attempting to recreate the experiments of Nikola Tesla in the late 1970s, Hutchison claims to have discovered new phenomena, including effects manifesting in metals. The effects of his experiments supposedly included metal objects floating to the ceiling, shattering, melting while keeping enclosing wood cool, fusing with other objects and other interesting manifestations. These disparate manifestations are all being lumped together under the name "Hutchison Effect". Explanations of the effect rely heavily on technobabble, especially referencing zero point energy and the Casimir effect.
In particular, Hutchison claims to have invented batteries (called "Crystal Batteries" or "Hiroshima cells") which are capable of creating free energy. This purported technological revolution, which he says has the potential to change the world around us is yet another example of Hutchison's extraordinary effect(s). It's certainly odd too, when one considers the fact that no other scientific breakthroughs have been blocked in such a way in democratic countries such as Canada and that making such a breakthrough should make a person a billionaire.
Replication woes[edit]
?
Ice cream levitating out of an upside-down cup
No attempt to replicate Hutchison's experiments by a third party has so far been successful. Many agencies, including NASA, have attempted to recreate the Hutchison Effect. After extensive testing, Marc Millis, NASA's head of finding new propulsion methods for spacecraft, wrote:[1]
This "Hutchison Effect" has been claimed for years, without any independent verification — ever. In fact, its originator can't even replicate it on demand. This has been investigated more than once, been part of documentaries on The Discovery Channel, but still never seems to pass critical muster. This is in the category of folklore. In general, the "American Antigravity" web site caters to such folklore and its enthusiasts.
Fraudulent footage[edit]
?
A toy UFO being "levitated" — by pulling on a string attached to it.
Hutchison himself claims to have replicated the results numerous times prior to 1991, while admitting some footage he has released since (at $100 per tape) was faked,[2] as he is no longer able to recreate the effects. He assumed that nobody would notice that the "levitating" objects were actually falling in front of an upside-down camera[3][4][5] or held up with invisible strings,[6] which he initially tried to convince his audience were cords supplying power to the levitating objects. As Hutchison said:[7]
The string is not string but #32-gauge double polythermalized wire on a takeup up reel with 20 to 50000 volts DC. The the[sic] main apparatus was turned on, causing the toy plastic ufo to fly all about in amazing gyrations. This was a pretest to gryphon films airing this fall for fox TV. I did not need the extra high voltage 2000 time period so the toy levitated without a high voltage hook up during the filming for gryphon there was a string on the toy no high-voltage dc but interesting movements.
Tim Ventura later removed this explanation from the American Antigravity website, and claimed that Hutchison got "creative" with the footage because the EPA won't let him do experiments anymore.
The "levitation" effects have been mockingly reproduced by Ace Baker (while juggling in the background)[8] and Bill Beaty.[9]
9/11 nonsense[edit]
When asked why he is unable to demonstrate the results of his experiment anymore, Hutchison claims he has been coerced and had his work destroyed by the government, which then used his technology to do 9/11.[10]
Nasa themselves declared that it's fraud. I end it there. :)
Have a great day!
I absolutely read it. But the point is that issues to cars due to force is not uncommon, and is certainly not because of the fraudulent "Hutchinson effect" you've heralded as the sole reason for it. So I suggest going back to the drawing board before making more false claims against Tesla, with unfounded support to back it up.
Not to mention... your Hutchinson effect has also been claimed to have caused 9/11. Interesting read on the conspiracy theory and how it's all fake
https://skepdic.com/hutchisonhoax.html
It just so happens... there's these other lawfirms that have dealt with this for legacy automotive too... crazy right? These lawyers are great investigators. They keep finding these issues... years before Teslas were a thing...
It's as if cars in general do this or something... because of the force of the road... or something?
https://www.newsomelaw.com/practice-areas/product-liability/faq/what-causes-a-tire-to-fall-off-while-driving/
Facts are fun! Yay Tesla!
According to Nasa. They found evidence of fraud, and him selling tapes of his work for $100 each which he later stated that he faked.
That they couldn't replicate any of his work after multiple attempts over the years, and deemed it unworthy to look further into. Real scientists.
But back to the lawyer link: their finding which is legally binding else they be sued for misinformation...
The finest detail in there. Of the 2% of crashes due to mechanical failure, only 3% of that 2% is suspension related. So... 0.06% of cars annually are crashed due to anything suspension related...
That's a big deal in the grand scheme of things. It makes this point you keep stating about Tesla.... very... very minor.
Only 3% of 44,000 annually are because of suspension issues.
Except that he stated that he worked for u.s. military and not Canadian government. So that's also incorrect.
Now for the grand finale:
https://rectorlawfirm.com/top-3-mechanical-failures-that-cause-car-accidents/
Even a lawfirm that recognizes that this is among the top 3 reasons for mechanical failure in car crashes.
This has already been debunked by legal teams for people against legacy automotive.
Your Hutchinson effect and the effects on metal deterioration is fraudulent and unfounded. The "inventor" of it has been exposed as such and it is indeed pseudo science.
https://rationalwiki.org/wiki/John_Hutchison
Furthermore, spontaneous combustion of vehicles," fits under this category. How many Teslas have caught fire? Here's the annual report for 170k-180k annually in the U.S. alone...
https://www.statista.com/statistics/377006/nmber-of-us-highway-vehicle-fires/#:~:text=Number%20of%20U.S.%20highway%20vehicle%20fires%201980%2D2021&text=In%202021%2C%20there%20were%20around,reported%20in%20the%20United%20States.
I eagerly await your response to raw facts and data. Isolated incidents aren't enough anymore. I will debunk this once and for all.
So I have to ask. How are those calls doing now? :) Do you see the effectiveness of the strategy now?
Long story short, flexing over who is right or wrong.
Remember when tensions were high over creating an island to cut off Japanese trade. Or when tensions were high over what started covid? A bat or U.S. athletes.
This is littered with fearmongering and conspiracy. Tesla has nothing to do with it. It hurts their people who have already bought Tesla's.
Over the air update... turned into expensive paper weights...
I don't think you understand how little control they have on this company.
https://www.cnn.com/2023/02/11/business/spy-balloon-us-restricts-chinese-companies-intl-hnk/index.html
It's a good thing Tesla's don't fly or shoot missiles... :P
And legacy automotive does that and MUCH MUCH MORE. But you're hear and not there warning them of gravitational etc on their suspension and the threats of their suspensions and wheels. No. You're here. At Tesla. Where the misinformation isn't being bought because we can all read the mass data from the safety standards printed by the government standards reports. They tell a far different story. A real story.
Either way, we're closing on a bull flag. So... this argument is at an end. Good luck. Breaking 220 next week.
It's close enough that open will carry it the rest of the way. This is a good close.
China has always flexed their weight against the U.S.
Korea, Vietnam. The Ho Chi Minh trail said it all.
This is no different. They're reassuring us that they're still here. Russia has done the same for decades, pressuring the bearing strait in Alaska and the air space there. These have become traditional checks that one expects. If they stop, that's when you go: uh... what are they planning? Lack of action speaks louder than actions themselves.
Regardless, if this were a teal threat, the plant would have never opened to begin with. So as far as I'm concerned, your hypothesis is lacking in any substance and Tesla will be just fine.
A close above 211-212 will be the nail in the coffin for shorts. That's the bull flag everyone is waiting for.
Triple bottom peak rising from a higher low each time. Here's the technical sign for Arun up.
Grabbing calls all over the place. The entire market is treading water. Aside from a select few with decent earnings overcoming it, we hit a correction day, followed by consolidation. The next open will speak volumes as to where the following week will be. Spy looks like a buy. Ford. Boeing. AMD and Nvidia.
The food sectors held up pretty solid. Walmart, McDonald's, Costco, Pepsi and Coke.
Looking forward to Tesla climbing past $220 As we run up to Musk's March 1st investor's day. All in all, this is looking like a great entry point for one sided profits. Still going to hold onto my safety nets though just in case. Counter puts has saved my rear far too many times.
Someone is adamant that 200 is the bottom.
I'm wasting time on my trades to do this. Sell puts and straddle. 197.50c 202.50p. By the time you read this it may already be bad advice.
If they aren't expiring today, the idea is to hold the calls, sell the puts, and straddle here. When the inevitable reversal takes shape, you make bank.
Expiration date for today I assume? Offload them 20 minutes after open, or at open. This has potential to slide further. 198-195. But we should see support and a potential close at 205.
I shifted my scope to next week at yesterday's open. Salvage every dime you can immediately and chalk it up to a lesson on staying in too long on the last day.
Announced on this apps news section Jan 3rd. It was this article that I decided to declare the bottom at 102pps
_________
Piedmont Lithium Strikes New Tesla Supply Deal
Source: Dow Jones News
By Will Feuer
Piedmont Lithium Inc. said it has amended its supply deal with Tesla Inc. to supply the electric-vehicle maker with spodumene concentrate through the end of 2025.
Spodumene, the mineral that contains lithium, is a key input for the production of lithium-ion batteries for electric vehicles.
The deal with Tesla includes an option to renew for an additional three years. Under the deal, Piedmont has agreed to deliver about 125,000 metric tons of spodumene concentrate, also called SC6, to Tesla beginning in the second half of 2023 through the end of 2025.
Pricing will be determined by a formula-based mechanism linked to average market prices for lithium hydroxide monohydrate throughout the term of the deal. The pricing received by Piedmont will be determined by market prices at the time of each shipment, the company said.
Piedmont said it expects to source SC6 from the North American Lithium Project in Quebec.
"This agreement helps to ensure that these critical resources from Quebec remain in North America and support the mission of the Inflation Reduction Act to bolster the U.S. supply chain, the clean energy economy, and global decarbonization," Piedmont Lithium Chief Executive Keith Phillips said.
Shares of Piedmont Lithium rose almost 7%, to $47.03, in premarket trading.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 03, 2023 07:37 ET (12:37 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
Supply and demand basics. The supply is there and no shortages have yet to be announced. Contracts are secured for a couple more years already. Supplier in Pennsylvania has already sealed that deal on contract renewal. Old news.