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[TSLA / day] – fade the lunch

Volume spike during lunch sent it over resistance.  Fade it.

Triggered my Swing short at 343.50  o_0


Tariff on Solar, Long SPWR

Well that’s quite contrarian.  Playing the price action > news.    SPWR looks oversold and has found support on my 8-hour candle chart.  Seeking a break above this 8.00 support.


Trumps 30% tariff won’t have significant effect on import revenues for at least an entire year.  And I think more exceptions will be handed out.  The play is that SPWR will be handed at least some exceptions for certain divisions the way FSLR was shown mercy.

There’s cautionary optimism exuded by American solar companies, since a tariff would likely raise prices (drop in supply), and loss of jobs (decrease in supply-chain).

Target entry:  EOD approx., 8.00  // Stop:  7.79

Swing TSLA [310-345]

This is a more conservative trade with an easier read.

Waiting for a Short @345.33

If fill, Target Cover/Buy 310.00

If fill, hold.


Elon Musk is betting on himself. No salary, no problem.  Doubt he will hit the full milestone, but even getting halfway there will make him one of the richest men in the world.  Let’s see how the market reacts to this news!

The performance award consists of a 10-year grant of stock options that vests in 12 tranches. Each of the 12 tranches vests only if a pair of milestones are both met.

Market Cap Milestones: To meet the first market cap milestone, Tesla’s current market cap must increase to $100 billion. For each of the remaining 11 milestones, Tesla’s market cap must continue to increase in additional $50 billion increments. Thus, for Elon to fully vest in the award, Tesla’s market cap must increase to $650 billion.


11/17 – Tesla in for a short squeeze.  Staying with plan to revolutionize transportation market.  Walmart’s on board, why shouldn’t we?  Currently up 5 points at $318.00

ROKU – buying on every pullback.  Good feel for a buyout?

BABA – still very bullish on Chinese market leading stocks.  BABA will be a common household name beyond investors in 2018.  BABA co-Founder is a great CEO, and knows how to market overseas.  The only reason I can think these foreign financial giants invest in the Brooklyn Nets, has more to do with the city of financial opportunity than the teams talent.




Swell Building Up in Energy / BUY Chesapeake [CHK] for Squeeze

Currently I’m searching for an entry point on a medium term trade in energy [XLE].  The trend is UP, so let’s ride along.

The following are the top energy stocks versus the bottom energy stocks trading on the spider in a 3-month.  Try to view the sector as a continuous flow of water, with the entire sector rising.  You’ll get a nice “bell-curve” if you plot this on a chart.



A closer look though reveals that over a shorter period we see spikes in some of the underperforming stocks, especially CHK


CHK trades within a 5-8 channel after breaking its $4 floor.  Naturally profits were taken in May after a major run, but trying to observe the trader’s psychology, I feel there’s a little sense of anxiety for traders to hold the stock long which is usually a good sign to buy the dips.  Furthermore, the shorting on this stock is quite high which I assume is the cause for the stock to rise from $5 to its peak at $8  from Aug-Sep.  Next squeeze is building up.


Looking to get in long between the 5.50 – 5:70 range or cheaper.