$Tesla Motors(TSLA)$ Up about 5% this week on Cybercab hype, everyone piling into the headline. The crowd chases the news day — the actual edge is buying the red day that follows it, once the excitement cools but the trend is still intact. Strength gets expensive fast; a brief pullback inside an uptrend is the discount. Backtested around 71% win rate over 25 years of large-cap data, roughly a week hold. $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ(QQQ)$
$SpaceX(SPCX)$ $Tesla Motors(TSLA)$ SpaceX highlights: revenue growth, margin expansion, reduced losses on the space side, improving income from Starlink, and losses on AI got cut in half. Plus around $100B in cash and equivalents, with a $45B backlog.
$Tesla Motors(TSLA)$ Youtube "experts" push AI and similar things. No need. Simple is almost always better. For what it's worth, TSLA is turning -- we use AI too. The 60min time frame is probably the best swing trade alert. Once price action changes direction, using the bullish sloping 10/20 EMA to trend follow with trailing stops works well. This is a simple strategy I've used for over 25 years. Works well for swing traders.
$Tesla Motors(TSLA)$ It looks like there was a short attack with half the daily volume involved, and I picked up some shares at $371 for the potential reversal.
$Tesla Motors(TSLA)$ This stock is a bit amusing to watch. I'm holding from a much lower cost basis, so I'm just sitting on it, but I keep an eye on it constantly. Every time it seems like it's about to move, you get a little pullback that brings things back down.