Posted by ridgetopab on 14th of May 2021 at 10:55 am
TSLA makes more trading credits than making cars so makes sense
that the company has a focus on all Government environmental credit
plans. I doubt this Reuter's story about renewable credits
explains Elon's flip flop on bitcoin but, who knows; Matt
Levine has a humorous take on the market moving Elon tweets in link
attached. Long Excelcoin :)
News this AM that most of the Chinese manufactured cars (last
quarter) were exported.
excerp: Now that is inflation when a $103K car ends up
costing $4.7 million :)
While Lamborghinis have long been the
objet petit afor many bitcoiners, those who have made the
purchase – or any purchase – often come to regret it. In 2013,
someone purchased a $103,000 Tesla Model S Performance for
91.4 BTC. Those coins
today would be worth $4.7 million.
Asked whether there has been any interest from
HODLerssince Musk
tweeted this week, the Tesla representative said, “Not quite sure
if anything sold yet in bitcoin.”
"car " company charts for comparison, similar spikes and
pull backs... looks like P/E ratio is typically < 20
so TSLA long term target is about $20 :)
Posted by ridgetopab on 29th of Apr 2021 at 03:11 pm
Stockcharts - to save your indicator settings you save the chart
you have made using "Chartstyle" (line below the chart
) use the "Add New" options and provide your own title.
You can then select the chart style and it will be applied,
i.e. if you open a BPT chart link you can then select your
chartstytle and it will be applied. for the active symbol.
Alternate is the save your chart style as the "Default"
the default is used for all initial chart opened from links.
The community is delayed by three days for non registered users.
TSLA makes more trading credits
Elon Musk's suddenly-found environmental concerns over BTC probably has nothing ...
Posted by ridgetopab on 14th of May 2021 at 10:55 am
TSLA makes more trading credits than making cars so makes sense that the company has a focus on all Government environmental credit plans. I doubt this Reuter's story about renewable credits explains Elon's flip flop on bitcoin but, who knows; Matt Levine has a humorous take on the market moving Elon tweets in link attached. Long Excelcoin :)
News this AM that most of the Chinese manufactured cars (last quarter) were exported.
Money Stuff Link
TSLA ... ha ha like
This is a good primer for understanding why Elon caved ...
Posted by ridgetopab on 13th of May 2021 at 11:16 am
TSLA ... ha ha like how Elon `caved` to logic after Tesla cashed in for a $100 million profit on the bitcoin craze
Google search to see if Tesla actually sold any cars for bitcoin and only came up with this article on the complexity of the process:
coindesk article link
excerp: Now that is inflation when a $103K car ends up costing $4.7 million :)
While Lamborghinis have long been the objet petit a for many bitcoiners, those who have made the purchase – or any purchase – often come to regret it. In 2013, someone purchased a $103,000 Tesla Model S Performance for 91.4 BTC. Those coins today would be worth $4.7 million.
Asked whether there has been any interest from HODLerssince Musk tweeted this week, the Tesla representative said, “Not quite sure if anything sold yet in bitcoin.”
"car " company charts for comparison, similar spikes and pull backs... looks like P/E ratio is typically < 20 so TSLA long term target is about $20 :)
PINS & TGI ... update Short
Posted by ridgetopab on 12th of May 2021 at 02:47 pm
PINS & TGI ... update
Short positions playing out, PINS risk is chatter about potential MSFT buyout so hedge would be prudent
MSFT has it's own break down to a potential support range now.
XBI still in confirmed downtrend
closed all puts.. back into XBI calls
Posted by ridgetopab on 12th of May 2021 at 02:35 pm
XBI still in confirmed downtrend _ selling Calls works too
Based on the daily charts my take is to sell the rallies in XBI daily MA and trend is bearish
LABD/LABU in and out burgers
Inflation up tick- a surprise
Posted by ridgetopab on 12th of May 2021 at 02:25 pm
Inflation up tick- a surprise to the markets...really?
Guess nobody on Wall Street has been buying groceries or gasoline for the last 9 months :)
9mnth charts with approximate % gains for DBC, DBA
$TNX +3.94% today JNK break down,
Posted by ridgetopab on 12th of May 2021 at 01:32 pm
$TNX +3.94% today
JNK break down, TLT break down
Inverse SJB, TBF
ATRS long setup falling wedge with
Posted by ridgetopab on 10th of May 2021 at 01:08 pm
ATRS long setup
falling wedge with bounce off support, tight stop with buy in pattern or on break out
earnings beat and low P/E for a pharma small cap
QRTEA sling shot out of coil,
Posted by ridgetopab on 7th of May 2021 at 10:40 am
QRTEA
sling shot out of coil, earnings beat
playing Call options from bottom of coil, scaling out, ST target measured move
PTON ... H&S confirmed with
Posted by ridgetopab on 5th of May 2021 at 12:55 pm
PTON ... H&S confirmed with neckline break
OUT big red candle today close
Posted by ridgetopab on 5th of May 2021 at 12:53 pm
OUT big red candle today
close to breaking down from rising wedge, double top?
MA ribbon still in bullish uptrend, momentum dropping, watching for MACD cross and STO break and CMF to red
GRBK crash and burn earnings report
Posted by ridgetopab on 5th of May 2021 at 12:44 pm
GRBK crash and burn
earnings report did not meet expectations
lucky it just hit my target sell on May 3, may be due for a bounce RTM after this "correction" :)
TGI short broke down from consolidation fundamentals
Posted by ridgetopab on 5th of May 2021 at 12:37 pm
TGI short
broke down from consolidation
fundamentals look terrible but, institutions appear to like the stock for an airline turn around
-ve earnings, -ve operating margins and -ve book value but, up 450% from 2020 low (Mar high was >600% above 2020 low)
one of those market mysteries as to why the company still exists - down trending since 2013 high of $82.66
Easy solution ... pay for
Questoin for Stockcharts users - I'm not a member but ...
Posted by ridgetopab on 29th of Apr 2021 at 04:00 pm
Easy solution ... pay for a basic level :)
You should be able to get a good return on your money using the added features and resources.
PINS losing support
Posted by ridgetopab on 29th of Apr 2021 at 03:12 pm
PINS losing support
Stockcharts - to save your
Questoin for Stockcharts users - I'm not a member but ...
Posted by ridgetopab on 29th of Apr 2021 at 03:11 pm
Stockcharts - to save your indicator settings you save the chart you have made using "Chartstyle" (line below the chart ) use the "Add New" options and provide your own title. You can then select the chart style and it will be applied, i.e. if you open a BPT chart link you can then select your chartstytle and it will be applied. for the active symbol. Alternate is the save your chart style as the "Default" the default is used for all initial chart opened from links.
MEG.TO _ oil and gas sym
Posted by ridgetopab on 29th of Apr 2021 at 01:16 pm
MEG.TO _ oil and gas
sym triangle breakout similar to XLE pattern
PTON ... potential H&S top
PTON Updated View
Posted by ridgetopab on 29th of Apr 2021 at 01:06 pm
PTON ... potential H&S top if it breaks down
daily and weekly have a potential H&S; next earnings due May 6 (AMC) so may be the trigger
conservative measure to $50 +/- bias is definitely to the down side
PTON daily chart link
NAVI update with two day
Posted by ridgetopab on 29th of Apr 2021 at 12:26 pm
NAVI update with two day pop
over the upper BB so likely to pull back short term, adjust stops, take profits, trade your plan
should still have more upside potential with 3.8% div yld and P/E of only 7.79
NAVI daily chart link
Yes; for the YOLO crowd
Yellen to proposed capital gains tax as high as 80% ...
Posted by ridgetopab on 22nd of Apr 2021 at 05:23 pm
Yes; for the YOLO crowd you just have to roll with the punches :)
Always be buying ... follow
Consensus ? Buy the Dip ? and hedge short term ...
Posted by ridgetopab on 22nd of Apr 2021 at 03:06 pm
Always be buying ... follow the money. 70% can't be wrong.
Lin to CNBC`s Kelly Evans "There are no dips"