Psychologically, I think the most important earnings report after today’s close will be Tesla (TSLA). I have no position in this (except inasmuch as my beloved son has a gazillion options), but my dumb guess is that it’ll go up, based on its relationship to its Fibonacci level and the fact that this price level has been good support for months. If I’m wrong, look out below, because there’s zilch holding this thing up. But honestly, I’d be stunned if that happened. We shall soon see, and I’ll update this post accordingly.
UPDATE: The stock doesn’t seem to quite know what to do with itself………
