Tesla Tesla (TSLA)’s stock is on the brink of its next big move. The stock has spent the last month bobbing in a tight range between $160 and $180, but its riskiest break looks imminent as it threatens to move below its bottom Bollinger Band with a close below $160 today. Bollinger Bands are used […]
TSLA
Tesla Inc
Three Stocks: Tesla, SoundHound AI, and Carnival Cruise Lines
Tesla This morning’s headlines delivered the news that a lot of traders saw coming. Tesla (TSLA) reported deliveries of 386,810 vehicles for the first quarter, falling short of analysts’ expectations of 433,000. The shortfall accounts for the first decline in vehicle delivery in four years and signals longer-term difficulties for the EV giant. Wedbush referred […]
The Price Trends Don’t Lie on Tesla… But Some of the Analysts May
For more than two months, we’ve been talking about the dangers caused by Wall Street’s opinion of Tesla (TSLA) shares. If they were doing their own “Walk Down Main Street,” they would have seen… Lower global demand The loss of tax credits in the U.S. Higher prices on vehicles with lower demand Questions about the […]
Three Stocks: Tesla, Palantir, and CarMax
Tesla Dan Ives of Wedbush joined forces with Deutsche Bank to provide a double “buy reiteration” of Tesla (TSLA) shares today, but there was a little “sleight-of-hand” that went with one of the broker’s comments. Dan Ives has been a perma-bull on Tesla stock forever. I have to say I can’t blame him at all. […]
Three Stocks: Super Micro Computer, Tesla, and Krispy Kreme
Super Micro Computer Here we go again. Super Micro Computer (SMCI)’s shares are preparing for a breakthrough $1,100 on their way to our initial target of $1,250. The stock just experienced a 30% pullback from its recent highs, as traders took profits from a massive 80% rally. Consider this: That 80% rally occurred over an […]
Three Stocks: Super Micro Computer, AMD, and Tesla
Super Micro Computer Here we go! After a short spate of selling, shares of Super Micro Computer (SMCI) are on the run again after JPMorgan initiated coverage on the shares with an “Overweight” recommendation. The addition of JPMorgan to the Wall Street Analyst coverage of the stock represents the “Discovery” that I talk about in […]
10 Analysts Calling for a "Buy," 10 Analysts Wrong
Analysts still seem to love Tesla (TSLA)… But there’ll be a rude awakening for the investors following them. The stock’s trading for $175 per share today, while the average price target after 12 months is $207. According to CJ, though, that’s dead wrong. Problem after problem has left Elon’s most prized possession with long-term wounds […]
Three Stocks: Tesla, Alphabet, and Super Micro Computer
Tesla The Biden Administration can’t make up its mind… Just one month ago to the day (February 18), we saw headlines that the Biden Administration was considering delaying the switch to electric vehicles. The move was partially seen as political to allay fears the Detroit automakers and the unions were having. A month later, and […]
Three Stocks: MindMed, Tesla, and Dollar Tree
Mind Medicine What a ride it has been for Mind Medicine (MNMD) investors. We saw the stock shoot through the sky last week on news that the FDA had granted “Breakthrough Therapy Designation” to one of the company’s trial treatments, but then shares dropped 30% from their highs. The pullback is considered healthy at this […]
Three Stocks: Tesla, Bitcoin, and Meta
Tesla Tesla (TSLA) shares are trading 2% higher today as the company announced that they are close to resuming production in Germany, after an electricity outage forced a plant’s closure. The stock is trying desperately to hold on to the $180 price. “Desperately” is the key word and today’s move should be taken with a […]