October 2, 2014

OPINION: BUYING TESLA AND THE WILD CARD $TSLA

OPINION: BUYING TESLA AND THE WILD CARD $TSLA

Tesla, the electric-car maker, is a high-risk/high-reward stock. How can investors tilt odds in their favor? By understanding the bull-and-bear fundamental scenarios and using new concepts in technical analysis.

Reading the chart

Let us start out by taking a look at the chart.

Please click here for an annotated chart of Tesla.

There are two key points to observe.

First, there is a trendline slanting at about 30 degrees going all the way back to when the stock was about $45. As of this writing the stock is at $247.30. During this meteoric rise and punctuated by high volatility, the trendline has not been decisively broken.… Please click here or the title below to read more.

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TAKE PROFITS ON TASER AND EXIT THE POSITION $TASR

TAKE PROFITS ON TASER AND EXIT THE POSITION $TASR

This post was just published on ZYX Short Change Alert.

TASR is short from an average price of $18.25 and 4o% of the full core position size is being held.  Consider exiting the position in the zone of $13.50 to $15.  The stock is at $14.76 as of this writing.  The reason for the exit is that the overall market is very over sold in the very, very short-term and TASR may experience a short squeeze from here.

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PARTIAL EXIT ON S&P 500 $SPY

PARTIAL EXIT ON S&P 500 $SPY

This post was just published on ZYX Short Change Alert.

SPY very over sold in the very, very short-term.  It is at $192.37 as of this writing.  Consider exiting a 30% tranche right here.  Consider holding the rest.

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A NEW IDEA ON CREE $CREE

A NEW IDEA ON CREE $CREE

This post was just published on ZYX Buy Change Alert.

CREE is a maker of LEDs.  It also  has significant intellectual property in this promising field.  This is a long-term position.

Back in 2010 the stock traded over $83 and over $75 in 2013.   This morning the stock is falling on awful earnings and has traded at $33.25 in the premarket

The pattern of this type of stock under similar circumstances is to experience further tax loss selling between now and mid November; then typically a significant bounce occurs between mid November and mid March.

This is a very volatile stock and trades over a wide range. … Please click here or the title below to read more.

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AI is power hungry. Investors will make a fortune from nuclear power for AI.
Get the list of 12 nuclear power stocks to grab your share of the profits.

AI is power hungry. Investors will make a fortune from nuclear power for AI.

Get the list of 12 nuclear power stocks to grab your share of the profits.

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