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Ok. Technicals don't lie. Let's see another 52wk high...
Higher lows consistently. This is nested consolidation before a move up. A bullmarket overall. Open was the pullback. Not the time to be shorting. Friendly advice.
It's holding solidly above this mornings 225.92 prediction line. All technicals are pointing to a penant and another leg up.
About to get back into the green. :) gonna be another good day!
I don't know about that. I don't see anyone in their right mind selling right now. FOMO in this is real. It can jump 5-10 in the matter of an hour. There's very very little bad news surrounding them as well.
Vanguard and Blackrock making you look silly. Seeing this at 450 by Friday.
Negative. Take a look at large scale investments. Vanguard and Blackrock have been buying this up hand over fist. State street group liquidated some positions. Just small profit taking. I imagine it'll go back green in the first hour.
Scooped up 435 calls at 416 pps. Hopeful for what jun29th might bring.
During Marketwide pullbacks. The stocks with true strength, the front runners, will expose themselves momentarily. Nvidia did not appear to hesitate while Tesla did. As for AI development, it appears that the majority of investment faith is backing the other horse. Something I'm considering as I suggest others do the same.
Lowside for tomorrow 242. Profit taking after first red close, followed by green close Monday forming penant. Mondays close will determine if 300 is possible.
This has to break 259 to break out of today's downward shift
Looking at a convergence of high 256, low 257 before it finishes consolidation and makes a break either direction. Roughly 1 hour of it following this until we get to a breakout point. That point will decide tomorrow's momentum.
We're still well above her sell off point. So this statement has yet to be proven factual in any sense.
I'm holding on re-entry for the moment. Will evaluate in 1 hour.
Infact... the only triple baggers with above 4% of ARKK's weighted holdings are:
SHOP(Shopify): 107.77% YTD
EXAS(Exact Sciences): 135.54% YTD
DKNG(Draft Kings): 126.11% YTD
Without those, the 8.18% of it's holdings in Roku being down -2.12% YTD (Flat) and the 7.24% Zoom holdings being down -35.26% nearly wipe out all profits the "great Cathy Woods" would have made, entirely this year. And meanwhile. Tesla was 101 jan3 and 260 as of this writing. Over 110% gains YTD... Yeah... 13.1%-15.8% gains riding that big of a swing from Tesla? A high-school student can manage the funds better than that.
Arkk is only +13.10% YTD on it's tesla holdings.
Arkq is just above +15.8% YTD. On it's holdings for Tesla as well.
I'm scratching my head, wondering where the big moves that are newsworthy went. And mind you this is not including the loss incurred from 2022.
They do speak for themselves. Now to put all of that side by side with Tesla's PPS and calculated gain/loss for each entry/exit.
There's a reason Arkk took one of the biggest hits at the end of 2022... ;)
The key catalyst that I saw and turned this entire year around was when the deal was brokered for lithium from refining processes in the U.S. in Pennsylvania. That deal I believe has a shelf life into 2025. The big concern was getting resources from China as sourcing it was blasted in the unfactual media as difficult during more attempts to destroy Tesla via journalism. That single report of factual information was all any investor needed to know what was about to take place.
If the fed hadn't been hiking rates, and put the inflation battle... that never should have been... aside, this would be above 1000 right now.
The greater market drove it, but it's own merit turned the market around. It was rising when most others were still in massive decline. I attribute that single brokered deal for lithium as the pivot point for the entire market. Profitability was shown to be possible in spite of administrative failures on government policies.
So... in a long drawn out way, just as Ford was accredited for saving manufacturing with the assembly line during that Era, this is very much akin to it. This ticker is far more than just something you can smear, day in and day out. It keeps setting new precedent. That's why we're all still here. And most of us aren't talking about gibberish using obscure words like "wompy."
It's not a fact. She bought in January just before a giant correction at a loss the very next few days in january.. effectively making her position a poorly timed event that took awhile to see a profitable stance again. Losing a few weeks by error in judgement. A few more weeks by jumping in late. Missing the ride down during the last major dip... but curious that you neglect to mention the % of share size she sold just now is a single digit comparison to the amount of what she's holding in total... so....
Just as all of your other information: more hot air.
I do believe she stated this would be 6000 by 2030.
Except she didn't jump back in at 102. She waited until 140s. I know because I was there and effectively called the bottom.
Thanks :)
For the sudden acceleration guru *grunt* it's mostly nonsense to drive blind panic. Much like the guy that threw out "195" in a heavy bull run.
Yeah we're all here because this stock is definitely widely known for not doing what institutions expect. At least that's how it began. Slowly it's shaping up and following the broader trends. It was this ticker that forced me to develop that certain strategy.
Also great eye Dan. :) I've been on it since 215, but just couldn't pull myself away from other ventures any sooner. Glad you're reaping great rewards from this.
300 is still very possible before the July CPI report. So yes. But I do expect some pullback along the way now. This has ran for over 2 weeks. And anyone with sense knows it never just keeps going up.
Grabbed a ton of puts at 25 and calls at 26.50 earlier today. 50/50 This is looking fantastic.
They're housing meetings, but it's widely anticipated to be a pause. Either way. It's at this point that I'm going to stop going full bull and start playing 50/50 spreads. Uncertainty of higher highs.
Well let me restate. There's July CPI to consider before that as well.
Next major catalyst is jul19 and the two weeks prior to it. Expect slight pullback in the next few days before ramping up. Today it's up. Followed by profit taking. 1 month long penant trend in my forecast.
0.1% rise in CPI. That's enough to rule it as flat. Fed rate pause expected.
HERE'S NEW NEWS. CPI AND FED RATE TOMORROW 1 HOUR BEFORE OPENING BELL. CONSOLIDATION TODAY. TOMORROW, WHICH IS MOST LIKELY ANOTHER PAUSE, AND MORE RALLYING. BUT HEY LOGIC. ALSO ALL CAPS IS FOR GOONS. HOPE YOU APPRECIATE IT!
Everything I've been reading suggests a good CPI report and likely a continued rate pause. A hike or lowering of the rate will be a shock. Tomorrow morning is the only thing that will shift the current course we're on dramatically. I have every inclination that the $300 price target isn't out of the realm of possibility with 240s holding this strong. We'll see 255s today. No doubt in my mind.
A lot of volatility for sure. Definitely a time to stay liquid and be willing to change on the spot. With the fed pause and most earnings being relatively positive, we're absolutely in a rally. As I just posted, you'll know which direction to follow based on Tuesday. Wednesday is the day to decide.
Tuesday CPI and fed stance. Pause, hike or lower. That's the next catalyst.
Considering the short term, 1 week and 1 month trend, we're poised for a 252 open with a 260 HoD.
If the 3 month trend is brought into consideration, 232 is the new low point, but it will only see this if there's a market wide pull back from the current rally. That's my 2 cents on the current momentum.
NO NO WE WON'T BECAUSE YOU SAID THAT AT 224 AND SURPRISE NEWS HIT AFTER HOURS. MORE BS RAWR! NO ONE LISTENS TO POWERS. WE'RE IN A RALLY ON A LEADING TREND GLOBALLY. GO BULLS! YEHAA! TO THE MOON! Did I do it right? Feels like I did.
You got it. The years of data built into Tesla's R&D still have it leaps and bounds ahead of the rest, and that's just the automotive part. Neuralink is still private and hasn't gone public. But the energy storage units are another factor that gives stable income to support the charging infrastructure. I do imagine this to begin dwarfing the utility sector as co-ops and regional power companies begin paying for kwh from Tesla storage. It's all ramping up from here.
BAIL OUT NOW! DOGE TO THE MOOOOON!!!
WHEN MOON SPEAKS PEOPLE LISTEN!!! IT WON'T SEE 195 IN 2 WEEKS!!! RIDE THAT BULL!!! YEHAA!!!
Eager to see what else they roll out. Another stock split after this comeback would truly be a thing of beauty.
Yolo. I'm all in. This is the place to be. Come what it may next few weeks. Bought in the last few bites at 246. Still holding 230 calls from 215 mark. This is going higher.
Time to watch Bill Gates lose more. Lol. Never fight a trend. Ride it.