Stocks to Trade 3-27-17 | TSLA Tesla Motors News



Tesla (TSLA) Model 3 Ramp Up Aims to Crush BMW and Mercedes

Elon Musk rewrites the playbook for launching a new car.

One year ago this week, Elon Musk took to a stage to unveil his most important vehicle yet: the $35,000 Model 3. The electric five-seater accelerates as fast as the the best-selling luxury sport sedans in America—the BMW 3 Series and the Mercedes C Class—and costs about the same.

The value proposition was the best ever for an electric car, and the crowd ate it up.

Tesla Model 3 Could Become Safest Car on Road (TSLA)

Tesla, Inc.’s (TSLA ) much anticipated mass-market electric car Model 3 could be the safest car on the road when it is released, according to Morgan Stanley analyst Adam Jonas.

In a recent note, the analyst extolled the car’s “underrated” safety features. “Acceleration from 0 to 60 with a 2-handle? That’s easy (and expected). 250 mile range? It’s in the specs. What about a target of making it 10x safer than your current car…?

Tesla is about to confront dueling best- and worst-case scenarios, and anything could happen

Tesla is preparing for its biggest year ever.

In the next six months, it will launch the $35,000 Model 3 mass-market car, and, over the course of 2017, the investment community will find out whether Elon Musk’s company can live up to its new business model as a vertically integrated energy firm, after its 2016 acquisition of SolarCity for $2 billion.

The stakes are high for the company and its $40 billion market cap. On Wall Street, the bear case for Tesla indicated that its stock could plummet to $50 from the current level of about $250. The bull case suggests that $500 per share could be in the cards.

$TSLA 3-27-17

$TSLA 3-27-17

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On the Tape Today | 3-27-17

$MO 3-27-17

$MO 3-27-17

MO-Altria Group showed signs of profit-taking last week but by no means is the bullish order flow depleted. A picture-perfect decline to the trend line sets up a new swing trade long. Looking for a lower open to bid a $72.50 limit order. If a higher open waiting for a breakout of the first 30 minutes. Target to sell is $76, Stop-loss @ .50 below today's low.

BIDU | BAIDU Inc setting up a trade to the short side today. More of a momentum trade than order flow. Game planning a $168 sell-stop with a target to cover @ $162.25. Stop loss on a close above $170.

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$SPY 3-27-17

$SPY 3-27-17

Tape Reading the SPY ETF

$SPY volume remained heavy after the bearish “energy” candlestick. (107 millions shares traded)

Not a healthy sign for the bulls.

The healthcare mess certainly doesn’t help, but the news always lags the order flow. Distribution began before last Friday. The $SPY continues to hold the 50 sma @ the $232.50 support. The next significant level I see comes in at $227.50.

A bullish momentum move has potential to the $237 area. The game plan for a new long trade offers lowers conviction the longer price remains between the 20 & 50 sma.

I call this the phantom zone. Not quite bullish, but not bearish, unless shorter times frames are your main trend. Something to notice on the chart, the volume picked up Tuesday-Friday. More signs of distribution.

To reiterate the game plan, I am not saying the stock market is a short, I am saying the long has lower expectation for follow through (Than the previous four months). This distinction is significant.

This translates into balancing out trades on both sides of the tape, instead of a long only bias.

Stock Market Today: Heatmap of the S&P 500

$SP 500 3-27-17

$SP 500 3-27-17

Stocks to Trade 3-27-17 | Monday Edition

Short-Term Momentum

Bullish Momentum: TSLA

Bearish Momentum: x, nue, aa, htz, stld, stx

Long-Term Order Flow


Bearish Order Flow: sm, lb, hes, slb, cop, dks, alxn, dvn, oxy, prgo, kss, mnk, panw, tgt, nfx, esrx, apa, jwn, sg

2X Normal Volume: WDC, THC, HCA

Inside Days: snap, t, c dis, vfc, sti, cvs, pep, nem, slw, luv, nflx, teck, ctsh, momo, su, ual, bby, pnc, wba, gsk, dish, len, tsn, adm, pcln

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