Elon Musk Makes a Promise Tesla Bounces 9-11-18

9-11-September-11-2001-

9-11-September-11-2001-

Tesla Stock Is Soaring After Elon Musk Promised an ‘Amazing Quarter’’

Tesla is jumping 5% on Monday, after CEO Elon Musk’s sunny outlook for the third quarter.

Where we were: From pot-smoking to Security and Exchange Commission investigations, Tesla’s road has been all curves recently.

Shares of Tesla(TSLA) are jumping 5% on Monday, after yet more commentary from CEO Elon Musk.

In a new blog post, Musk predicted that the electric-car maker would build on its second- quarter success and have “the most amazing quarter in our history, building and delivering more than twice as many cars as we did last quarter.”

He also detailed seven new management changes, which come after Tesla’s chief accounting officer quit last week after just a month on the job.

barrons.com/tesla-shares-are-soaring-on-elon-musk-promises-amazing-quarter

Buy Tesla on ‘Significant Barrier for Competition’: Baird

Tesla Inc. (TSLA) is a buy “even with the drama” surrounding its high-profile Chief Executive Officer (CEO) and founder Elon Musk, according to one team of analysts who expect shares to gain more than 56% from Friday close.

After a tour of Tesla’s Gigafactory, analysts at Baird have turned more bullish on shares of the electric vehicle (EV) industry pioneer, labeling it a “fresh pick” despite negative headlines which have dragged down the stock in recent months.

investopedia.com/buy-tesla-significant-barrier-competition

TSLA Tesla Inc 9-11-18

TSLA Tesla Inc 9-11-18

Today's Trade of the Day | 9-11-18

Trading opportunities don't need to be complicated. NFLX Neflix sets up an "inside-inside-inside day." Three consecutive days of consolidation after an energy candlestick gives us an easy trade to spot with massive upside potential. In this trade we aren't calling direction, but an explosion in price and multiple days of large candlesticks. 

This trade requires a little bit of active trade management to let the stock tips it's hand on direction. Once the move is obvious, hop on board for two to three days.

NFLX Netflix Inc 9-11-18

NFLX Netflix Inc 9-11-18


Stocks to Trade | Tuesday Edition 9-11-18

Bullish Cash Flow Trades: SONO, AMD, ROKU, AVGO, DKS, AMGN, ARWR, SFIX, QCOM, MTCH, TWLO

Bearish Cash Flow Trades: bzun, wb, unh, ba, oke, celg

New 20 Day Breakout: ROKU, AVGO, AMGN, QCOM, MTCH, LOW, HD, MAR, UNP

New 20 Day Breakdown: baba, wb, unh, oke, ctrp, amat, etfc

Double Normal Volume: TLRY, CBS, FTV

Become a Better Trader. Get Notified.

Tape Reading the SPY ETF

SPY ETF Chart 9-11-18

SPY ETF Chart 9-11-18

HEADLINE NEWS

Stock Futures Drop As China Asks WTO To Approve US Trade Sanctions
zerohedge.com/news/stock-futures-drop-china-asks-wto-approve-us-trade-sanctions

Snapchat’s number two executive Imran Khan to exit the company, shares fall
cnbc.com/2018/09/10/snaps-chief-strategy-officerimran-khan-to-step-down

Twilio Stock Rebounds; Former Salesforce Exec Key, Analysts Say
investors.com/news/technology/twilio-stock-chief-operating-officer-george-hu/

Apple just signed its first movies as part of its $1 billion content push
businessinsider.com/apple-kids-movies-wolfwalkers-elephant-queen-2018-9

Boeing’s Bullish China Outlook Faces Trump’s Trade War Headwind
bloomberg.com/boeing-raises-china-forecast-but-trade-war-clouds-prospects

About the Author

Pete is a full-time trader and mentor since 2000. Author of Equity Trader 101 and the Order Flow Method. He is dedicated to help self-directed traders to bust through the six-figure level.

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