Following blog stolen from MightyMO's RobtheMarketBlind website
On the Horizon
A L I B A B A - monster IPO on the way sometime this year. I'm ready but so it everybody else. One thing for sure. It was start out and be called by fundamentalists as 'Way Over Valued'. In the meantime, investors are salvaging over YHOO.
IBD knocking around a spew regarding Google buying out Ebay to get PayPal. Baird Equity Research analyst Colin Sebastian suggested Google could…
It was two years ago, march 2012 that Mr. Smith very publicly resigned from Goldman Sachs through an opinion piece published in the Op-Ed pages of the the New York Times.
His method of resignation and some of his assertions caused considerable uproar and discussion throughout the Wall Street community.
Mr. Smith's basic assertion was that the culture of Goldman Sachs had dramatically changed during the twelve years that he was employed there. Apparently, the senior managers were more co…
No other way to spew it, today was a day of PAIN.
Although some on here hid when the market gets tough and head for covers in them thar silent hills, I face the music.
However for each day of Pain, one can expect many days of Pleasure.
Speaking of Pleasure, one can connect on to my website for an eyeful of Candy as a means to forget Mr Market.
There is no doubt in my mind, that the Market will test new highs again this year and in my opinion very soon. The same stocks that have been hitting …
""""" noise heard on the Street """"""
TSLA is down only because of New Jersey Gov. Christie
. He is forcing TSLA out of NJ.
The real reason Gov Christie is down on Telsa is only because he can't fit into one.
I thought Republicans were the party of free markets...
Whatever, one state will not hurt them. Electric cars are the future anyway. New Jersey is only hurting themselves and ruining their reputation by not allowing innovation to happen in their state
It's time for th…
..Trading skills count but money management is more important.
Money is everywhere in the market. Getting your share of it is the goal. However getting it on a consistent basis is not easy.
You are competing with others who want to take your money. Of course your trading skills count but more importantly, over a period of time, the difference between a lucky trader and an excellent investor, is applying good risk management and money management skills.
To get your…
Trading skills count but money management is more important.
In today's market, contrary to the past, I believe in two important factors:
Price action and live market/stock information.
I consider that more important than fundamental and technical analysis metrics.
I know fundamentals and chart technical analysis are measures used to buy and sell securities. However, in today's world, market survival is contigent on making fast and quick decisions.
Three weeks of steady stock gains can easi…
I like momentum stocks but only if they make me money ... and they have .... but will it continue ?
The S&P 500 closed today at record highs....
There appears to be too much Street and media news about momentum stocks.
One from Barron's is titled 'Today all the momentum is from.. momentum stocks'.
One from Morningstar said momentum stocks that did the best last year will persist....
When the headlines spew about momentum, when the Street spews about momentum stocks ... then …
Is Tesla obliterating the Shorts ?
For Tesla longs, once you have established your plan of attack, do not hesitate to execute your trades. Once you have established your position let the Market push you along.
Let the weak Shorts get flushed out in their panic ! Keep offering them at progessively better prices to you.
When you sense capitulation, unleash the balance of your position !
Good traders are swift and precise and move their short opponents with the prospects of net gain…
Is TSLA the 'New Market Darling ' ?
More announcements after the bell on Wednesday.....
1. Announces 1.6 billion convertible notes offering
2. Will use net proceeds to accelerate development of 'GEN III' mass market vehicle !
2B Expects GEN III vehicles to be ready in THREE years !
3. Will also use net proceeds for development of Telsa's Gigabattery factory
4. By end of first year of volume production, expects Gigabattery factory will reduce cost of battery pack by 30%
5. Expects Gi…
Massively overvalued Telsa is exploding upwards again today. Morgan Stanley has upgraded their target from 153 to 320.
EDITED & added 6PM Tuesday night
Bulletin ! TSLA up big in after-market trading on battery factory news !
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