October 24, 2018

Tesla (TSLA) earnings were better than the consensus and the whisper numbers.  The stock is up $23 in after hours, trading around $318 and very volatile.  Consider taking profits on a 10% tranche right here into the strength.  It will serve investors well in the long run to learn how to take profits onto strength and buy on weakness.  In plain English, “Buy low, sell high.”

Popular electric car maker Tesla (TSLA) has moved up its earnings release to after the close today.  Historically a company moves up its earnings release date when it has good news to share.  This is likely the case with TSLA.  However there is no 100% in this business.  Another fly in the ointment is that it is hard to predict on a highly volatile stock like TSLA how the market will react even if it is good news.

TSLA is long from an average of $274.33.  30% of full core position size is being held.