I’ve been watching TSLA after hours and listened to the entire earnings call. The stock is responding well to everything being said.
A Strong Musk
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
Just Like the Old Days
Last Wednesday, January 18th, was like a cool drink in a horrid desert. Today, a week later, may be exactly the same. This so-called “market” has been raging higher since January 6th with almost no down-tick in sight. Mornings like this are a welcome relief, particularly since the explosive rally driven by Microsoft (see red box) was smeared off the face of the Earth, Epstein-style.
Two-Thirds Tesla
After almost perfecting hitting my $100 price target on TSLA, it has exploded 40% higher in a matter of just a couple of weeks. As I’ve stated before, my target for this bounce is about $158, and we’re getting closer by the day. Remember that earnings are just two days from now.
Just as TSLA hitting $100 was an important bottom for the market, I likewise think TSLA getting anywhere close to $160 will be an important top. The easiest outcome would be if, post-earnings, they goosed it to the target.
Sadly Stuck
Does it feel like the market is stuck? Like it’s in even more than a tug-of-war than usual? I think so. And I think I know why. Take a look at this /ES chart going back for years. Take particular note of those Fibonacci Retracement levels.
Naz at Fitty
The NASDAQ is at the 50% Fibonacci retracement level. If there’s a God in heaven, this is going to put an end to this nonsense. Let’s watch and wait.
