I'm back this morning after missing Friday's day of trade. While there was a lot going on Friday, it didn't look like I missed anything I would have been interested in. With a market cap over $700 billion, I'd say now is the safest time to short Tesla, especially after the Muskox's acquisition of TWTR. TSLA is currently the 5th largest publicly traded company by marketcap. I just can't see how it maintains this position with rates as high as they, but what do I know. I also think Musk is personally levered up outside of TSLA, ala Enron execs were.. and with each TSLA drop, Musk inches closer and closer to a margin call. TSLA went parabolic in Dec '19, ripping from around $20/share to a high of $380/share, now we're back down to $230/share. I don't see how this doesn't continue to retrace much of that move.
Yesterday AMC:
Today BMO: ON
Other News:
Follow through names to watch:
GAINERS:
LOSERS:
Follow through watch:
Day before Y'day AMC: AAPL, AMZN, COF, EW, FSLR, GILD, HIG, INTC, NOV, PINS, PXD, TMUS, VRTX, WY, X, ZEN
Yesterday BMO: ABBV, CHTR, CL, CVX, XOM
Y'day Other News:
2 days ago AMC: ALGN, AR, EQT, F, KLAC, META, NOW, OLN, TDOC, URI, VFC
2 days ago BMO: AMRN, BAX, BUD, CAT, CCJ, CMCSA, FISV, HON, IP, LUV, MA, MCD, MO, MRK, NOC, OSTK, SHOP, SO, SPGI, TECK, TWTR, WD
2 days ago Other News:
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