Going into earnings season, we discussed the high likelihood of Tesla rallying on average about 20% in the Hot Zone. I know it seemed crazy at the time, but here we sit after a Hot Zone rally from $900 to $1145, and I don’t think this move is over yet. Here is a video on how I’d add another Stacked fly to continue on with this momentum move.
Last week we had a plan for EOQ1 and a suspected plan to start Q2. Today it appears the market spoke to our plan so let’s try and go with it. Reverse to Bullish Equity and Bearish Treasury per tonight’s video.
The Nasdaq is a stone’s throw away from experiencing a major breakout, and it’s occurring right at the time when I look for major pre-earnings moves to occur. Let’s talk about TSLA, AMZN, GOOGL, FB, TWTR, and more.
Coffee seems to know the way and that’s a good thing. Nat Gas is holding steady. Crude gets news from both sides but holds and the Grains & Gold just don’t quite look ready yet. Equities experiencing the 1st of new Qrtr markup per the plan so let’s dive in and see about making a plan to trade all of this.
TSLA delivery numbers were released over the weekend and the stock reacted positively today, following the bullish Voodoo Lines roadmap perfectly. What does it look for next?
We’ve seen a bit of a pullback from this week’s high. But as Robert Plant informs us, there are still two paths possible from here, and plenty of time to change one’s road once the market signals its direction.
Another month is behind us. Heading into April, I want to share a few of the better looking trends and setups on my watchlist. I’ve broken down my watchlist into two parts: names we can take action on now and names that are extended and we’ll wait to buy on a pullback.