NIO reported its Q3, 2019 earnings this morning before the market open, and NIO stock surged more than 100% during the trading session at more than four times the average daily trading volume.
Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
Monday, December 30, 2019
Saturday, December 28, 2019
How To Setup Market Profile On ThinkOrSwim (TOS) - 2020
A step by step tutorial on how to setup market profile charting on the ThinkOrSwim (TOS) platform.
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market profile,
thinkorswim
Saturday, December 21, 2019
5 Stock Market Indicators You Shouldn't Ignore!
In this weekly stock market update, I will show you the 5 stock market indicators you shouldn't ignore and what they are telling us.
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spx
Wednesday, December 18, 2019
Tesla Stock Up Huge Again!
Today, Tesla continues its upward move toward the ellusive $400 price target. It has put in another huge up day. As of this recording, the stock was up over 3.5%, more than $13.00. Where will this up move end?
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TSLA
Saturday, December 14, 2019
Santa Claus Came Early
It appears Santa Claus came early this year to the stock market. In this weekly stock market update analysis, we will review the SP500, gold, crude oil, and the trade setup for these stocks: BA, DIS, AXP, NFLX, ORCL, FB, WYNN, LVS, BABA, PTON, BYND, ROKU, TSLA, LYFT, UBER and many more.
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Sunday, December 8, 2019
SP500 Hanging Near All Time High
The stock market continue to hang around near the all time high. The SP500 printed a weekly hangman candle. Will this hangman lift the stock market to another new high or will it pull the stock market to the bottom of the multi-year price channel?
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Sunday, December 1, 2019
Expect The Unexpected From The Stock Market
I probably do not need to tell you that the stock market has been up seven out of the last eight weeks, and the stock market appears to be making new high on a daily basis. The recent stock market price actions give the perception to investors that the only risk in the stock market is that they risk on missing the opportunities to make money. As this FOMO (Fear Of Missing Out) cycle is being play out, all the latecomers to the market will be trapped when the unexpected occurs.
In the following video, you will see how the stock market has been behaving, what signs are there that tell us there are still more new high coming, and what macro events to beware of that could trigger the unexpected move by the stock market.
In the following video, you will see how the stock market has been behaving, what signs are there that tell us there are still more new high coming, and what macro events to beware of that could trigger the unexpected move by the stock market.
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Sunday, November 24, 2019
Did Tesla Cybertruck Crash Tesla Stock?
Tesla stock went down more than $20 on the day after Tesla Cybertruck was unveiled. Was Tesla stock price drop due to the unveiling of the Cybertruck? We will look at the Tesla Cybertruck in more details and analyze Testa stock to determine if this is the beginning of another stock slide or just some temporary reaction.
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Tesla,
Tesla Cybertruck,
TSLA
Sunday, November 17, 2019
Is A Correction Coming Soon?
As the stock market is making new all time high, it is warning us a correction is coming soon. Watch this video to find out what are those warning signs from the stock market.
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NASDAQ 100,
ndx,
SP500,
spx
Tuesday, November 12, 2019
How I Day Traded ROKU - 11/12/2019
In this video, I will share with you my day trade on ROKU stock that I took today.
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ROKU
Monday, November 11, 2019
How High Will It Go? - 11/10/2019
The stock market continues to make new high. In this weekly stock market update, we will review the scenarios on where the market could be headed. In addition, we review the price action on crude oil and gold.
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Sunday, November 10, 2019
Stock Technical Analysis On Tradingview
I have recorded my stock technical analysis using tradingview.com for the first time. Here are the stocks on my current tradingview watch list: BA, FEYE, NFLX, ORCL, SOGO, FB, BABA, M, TNA, UNG, GE, GES, DBC, WYNN, ADI, TXN, MXIM, HIMX, AMBA, SMG, AXP, DIS.
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Tuesday, November 5, 2019
NIO Stock Up 38% - 11/5/2019
NIO stock was up more than 38% before it settled just a bit under 37% at today's close on self driving news.
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NIO
Monday, November 4, 2019
Great News From NIO - 11/4/2019
NIO stock price popped after it has reported great news on its October vehicles delivery number.
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NIO
Sunday, November 3, 2019
Saturday, November 2, 2019
The Excitement On Tesla Stock Is Gone?
After the initial stock price surge from Tesla's Q3 earnings, the stock price has pulled back. Does this mean the excitement on Tesla stock is gone? We will analyze the recent Tesla stock price action and determine what it might do and where it might go in the near future.
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TSLA
Sunday, October 27, 2019
SP500 Going To 3200? - October 27, 2019
The stock market flirted with its all time high last week. Will the SP500 finally make a new all time high and move toward 3200? In this video, we will review and analyze the price action for the SP500 and the Nasdaq to see when they might be headed. In addition, we will also analyze the crude oil and the gold market to see what we might expect these two commodities to do in the near term.
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Saturday, October 26, 2019
Tesla Stock Soared, What's Next? - 10/26/2019
Tesla stock soared after reporting surprisingly positive Q3, 2019 earnings. In this video, we will analyze the recent Tesla stock price action and see where the stock price might be headed.
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TSLA
Wednesday, October 23, 2019
Tesla Stock Soar After Q3 Report - 10/23/2019
Tesla reported its Q3, 2019 earnings this afternoon and the stock reacted.
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TSLA
Tuesday, October 22, 2019
Tesla Q3 Earnings Stock Analysis - 10/22/2019
Tesla is due to report its Q3 earnings after the close on 10/23/2019. In this video, we will look at what the market has priced in for Tesla's stock price after earnings.
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Monday, October 21, 2019
Stock Analysis Pre-Earnings Watch (BIIB, SNAP, TXN, CMG)
In this video, we will analyze the following stocks prior to their earnings report. They are: BIIB, SNAP, TXN and CMG.
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Sunday, October 20, 2019
Sunday, October 13, 2019
Weekly Stock Market Update - (Sell The News) October 13, 2019
In this weekly stock market update, we will look back at how the market reacted to the latest US & China trade negotiation and what to expect from the market in the coming week.
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Saturday, October 5, 2019
Weekly Stock Market Update - (Short Squeeze) 10/5/2019
The stock market this week sold off on weak manuf & non-manuf ISM data, and ended up squeezing the shorts on a short squeeze bounce. In this weekly stock market update, we will analyze the price action and establish some scenarios for the coming week.
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Sunday, September 29, 2019
Weekly Stock Market Update - 9/29/2019
The stock market had another wild swinging week. The SP500 closed at 2961.79, down 1.01% or 30.28 points. The Nasdaq 100 closed at 7681.58, down 1.81% or 141.97 points. Most of the damage was done on Tuesday by the impeachment inquiry news, and capped off by the trial balloon on Friday from the Trump administration on possible delisting Chinese companies from the US stock market. After the market sold off on that trial balloon, the U.S. Treasury and the White House were walking back that consideration on Saturday by issuing statement indicate it has no plan on delisting Chinese companies at this time.
In this weekly stock market update, we will review and analyze the stock market price action from last week and establish some possible near term scenarios for the stock market. Near the end of this update, we will analyze Alibaba (BABA) stock for possible trade opportunities after it has dropped more than 5% on Friday and 9.06% or $16.53 for the week, and see if we can capitalize on the White House retraction regarding delisting Chinese stocks from US stock exchanges.
SP500:
The past 3 weeks weekly price action formed a bearish evening star candle pattern near the ATH (all time high) of 3027.98.
On the daily chart of the SP500, we noticed the bearish evening star candle pattern from prior week and that flagged us to be on the lookout for a potential near term pullback. One of the pivot level we were watching was the 2978.57. If this level was violated on the downside, then we will focus on the price movement toward filling the gap below and moved back underneath the 2939.08 potential support level. On Friday, it dropped to an intraday low of 2945.53, short of filling the gap.
In the coming week, we will watch for a short term bounce back to test now the potential resistance level at 2978.57. If it proceeds to move up above this level, then it must move above the pivot high at 3021.99 in order to put in a higher high/higher low. Otherwise, if it fails to take out the resistance level at 2978.57 and the pivot high at 3021.99, then monitor the price to retrace and complete the gap fill. The next major downward move for the SP500 could be filling the gaps at 2921.86 and 2891.85 as it move toward potential major support near 2834.97.
Nasdaq 100:
The Nasdaq 100 weekly price action shows it had a inside week breakdown with a lower high.
The daily price action shows it has broken down from the prior week's bearish evening star candle pattern and dipped below the support level at 7747.08. It has filled the gap below 7747.08, and on Friday, it closed below the ascending trendline.
Next week, we will monitor for a possible short term bounce back above the prior support level at 7747.08. Unless it moves above the prior pivot high at 7975.33 to form a higher high/higher low, then we will resume on watching for continuation of the pullback toward the potential major support level near 7356.27. On this move down, there are some potential minor support levels to keep an eye on. They are 7584.82 and 7442.93.
Watch the video for a complete analysis of SPX, NDX, Emini SP500 (ES), Emini Nasdaq 100 (NQ), SPY, QQQ, and BABA.
In this weekly stock market update, we will review and analyze the stock market price action from last week and establish some possible near term scenarios for the stock market. Near the end of this update, we will analyze Alibaba (BABA) stock for possible trade opportunities after it has dropped more than 5% on Friday and 9.06% or $16.53 for the week, and see if we can capitalize on the White House retraction regarding delisting Chinese stocks from US stock exchanges.
SP500:
The past 3 weeks weekly price action formed a bearish evening star candle pattern near the ATH (all time high) of 3027.98.
On the daily chart of the SP500, we noticed the bearish evening star candle pattern from prior week and that flagged us to be on the lookout for a potential near term pullback. One of the pivot level we were watching was the 2978.57. If this level was violated on the downside, then we will focus on the price movement toward filling the gap below and moved back underneath the 2939.08 potential support level. On Friday, it dropped to an intraday low of 2945.53, short of filling the gap.
In the coming week, we will watch for a short term bounce back to test now the potential resistance level at 2978.57. If it proceeds to move up above this level, then it must move above the pivot high at 3021.99 in order to put in a higher high/higher low. Otherwise, if it fails to take out the resistance level at 2978.57 and the pivot high at 3021.99, then monitor the price to retrace and complete the gap fill. The next major downward move for the SP500 could be filling the gaps at 2921.86 and 2891.85 as it move toward potential major support near 2834.97.
Nasdaq 100:
The Nasdaq 100 weekly price action shows it had a inside week breakdown with a lower high.
The daily price action shows it has broken down from the prior week's bearish evening star candle pattern and dipped below the support level at 7747.08. It has filled the gap below 7747.08, and on Friday, it closed below the ascending trendline.
Next week, we will monitor for a possible short term bounce back above the prior support level at 7747.08. Unless it moves above the prior pivot high at 7975.33 to form a higher high/higher low, then we will resume on watching for continuation of the pullback toward the potential major support level near 7356.27. On this move down, there are some potential minor support levels to keep an eye on. They are 7584.82 and 7442.93.
Watch the video for a complete analysis of SPX, NDX, Emini SP500 (ES), Emini Nasdaq 100 (NQ), SPY, QQQ, and BABA.
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Monday, September 23, 2019
Weekly Stock Market Update - 9/22/2019
In this weekly stock market update, we will review the SP500, Nasdaq 100, the emini futures and the ETF for these respective indices. Also, we will analyze oil and gold.
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Sunday, September 15, 2019
Weekly Stock Market Update | Wild Week Coming - 9/15/2019
The FED will announce its next rate cut this Wednesday, and the world will lose 5% of daily oil supply due to bomb damaged Saudi oil processing facility. These macro events are setting up the stock market for a wild week.
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Saturday, September 14, 2019
Swing Trade Idea For SLB - 9/14/2019
Recently the energy stocks have started to attract some buying interest, one of them is SLB, ticker symbol for Schlumberger. In this video, I will present a swing trade idea for trading SLB stock.
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Monday, September 9, 2019
Still Waiting For The Move
A quick stock market update for today, September 9, 2019.
If you have not watched my weekly stock market update video, click on this link to view it: https://youtu.be/8XSSMAcYq54
If you have not watched my weekly stock market update video, click on this link to view it: https://youtu.be/8XSSMAcYq54
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Sunday, September 8, 2019
Break Out or Fake Out?
In this weekly stock market update, we will analyze the recent price action and establish some near term scenarios for possible price movement away from recent balance zone.
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Wednesday, September 4, 2019
Sunday, September 1, 2019
3 Things To Watch In The Stock Market For September 2019
3 things to watch in the stock market for September 2019 after a tumultuous August.
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Friday, August 23, 2019
Stocks Sink On Trade War
Stocks sink after an escalation on the trade war between US and China. In this stock market analysis video, we will review the major stock market indices ETF and identify price levels to watch for the coming days and weeks.
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Sunday, August 18, 2019
Alibaba Stock Got Lifted By Earnings
Alibaba reported earnings last week and its stock price got lifted higher. In the video, we will analyze the stock to determine some of the possible price move scenarios. In addition, by request, I have also did technical anlysis on TCEHY at the end of this video.
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Wednesday, August 14, 2019
Alibaba Stock Analysis For Earnings - 8/14/2019
This is a brief Alibaba stock analysis for earnings.
Click on this link to watch the Alibaba stock analysis pre-earnings video that analyze various price action scenarios: "Will Earnings Revitalize Alibaba"
Click on this link to watch the Alibaba stock analysis pre-earnings video that analyze various price action scenarios: "Will Earnings Revitalize Alibaba"
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BABA
Sunday, August 11, 2019
Will Earnings Revitalize Alibaba Stock (BABA) ?
Will earnings revitalize Alibaba stock? Alibaba stock has loss more than 20% since the 2018 high. On Auguest 15, 2019, it will report earnings before the stock market open. In this video, we will analyze Alibaba stock and review the stock market expectations for Alibaba EPS and revenues, the latest analyst rating and price target for Alibaba stock, what the stock market has priced in for Alibaba stock after earnings, and what our Alibaba stock technical analysis tell us about possible price action scenarios.
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BABA
Saturday, August 10, 2019
Market In Flux
The stock market is in flux, attempting to decide which direction to go, up or down. In this stock market analysis, we will analyze the stock chart for the indices and their respective ETF for possible scenarios where the market might be headed.
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Friday, August 9, 2019
What would you do?
In today stock market analysis, you and I will both perform our analysis on the price action and post what we believe the market will do by the close. This stock market analysis will focus on the ETF for the Nasdaq 100, QQQ. At the last segment of this video, we will see how our stock market analysis did versus what the market actually did.
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QQQ
Sunday, August 4, 2019
Did The Fed Pop The Stock Market Bubble?
The stock market sold off after the Federal Reserve reduced the interest rate by a quarter of a percent. Did the Fed pop the stock market bubble? In this video, we will analyze the stock market and identify what might have caused the stock market to selloff, and determine what the stock market might do in the coming week.
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Sunday, July 28, 2019
Apple And Beyond Meat Pre-Earnings Stock Analysis
Next week, Apple & Beyond Meat will report earnings. How will Apple stock and Beyond Meat stock react?
In this video, we will perform a pre-earnings analysis of Apple stock, Beyond Meat stock along with Advanced Micro Device, Square and Pinterest stock. We will review the stock price relative to the market projected price move.
In this video, we will perform a pre-earnings analysis of Apple stock, Beyond Meat stock along with Advanced Micro Device, Square and Pinterest stock. We will review the stock price relative to the market projected price move.
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Saturday, July 27, 2019
An Overreaction On Tesla Stock? - (Tesla Stock Analysis) UPDATED!
An overreaction on Tesla stock? Tesla reported a huge miss on its Q2, 2019 earnings, Tesla stock went down more than 15%. In this video, we will look at Tesla Q2 earnings results and various highlights, and analyze Tesla stock price actions for near term scenarios.
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tesla model 3,
TSLA
Thursday, July 25, 2019
Tesla Stock Analysis - post earnings
Tesla reported Q2, 2019 earnings and it was a big miss, and the stock market hammered Tesla stock. In this video, we will review the earnings results and analyze Tesla stock for future opportunities.
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TSLA
Sunday, July 21, 2019
Big Move Is Coming For Tesla Stock - Q2, 2019 Earnings
Big move is coming for Tesla stock as it will report Q2, 2019 earnings next week. It has reported record vehicles deliveries in Q2, how that will affect the Q2 earnings remain to be seen. Watch the video to find out what are Wall Street's expectations for Tesla Q2 earnings and what the projected price move for Tesla stock, and the analysis of Tesla stock.
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Sunday, July 14, 2019
Is NIO Stock In An Uptrend?
Is NIO stock in an uptrend? NIO stock price been behaving in a positive fashion and it appears to be starting an uptrend. In this video, we will analyze NIO stock price and determine whether it is in an uptrend and what to expect from NIO stock price in the near term.
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Thursday, July 4, 2019
NIO Stock Did Something Remarkable!
NIO stock did something remarkable. In this video, we will look at what NIO stock did and what to expect from NIO stock price actions in the near term.
Here are the links for the NIO stock videos referenced in this NIO stock video:
"Has NIO Stock Price Bottomed???" https://bit.ly/2XlxcUh
"How I'm Trading NIO Stock" https://bit.ly/2Ny37Bo
Here are the links for the NIO stock videos referenced in this NIO stock video:
"Has NIO Stock Price Bottomed???" https://bit.ly/2XlxcUh
"How I'm Trading NIO Stock" https://bit.ly/2Ny37Bo
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Sunday, June 30, 2019
Call It A Truce! (FAANG Stock Analysis FB, AAPL, AMZN, NFLX, GOOGL)
Trump & Xi called a truce on the trade war when they met in the G20, and both countries agreed to restart negotiation on a trade deal. In the meanwhile, there could be some near term stock trade opportunities for the FAANG stocks, i.e. FB, AAPL, AMZN, NFLX, GOOGL. Let analyze their price action and see what stock trade opportunities might be available.
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Saturday, June 29, 2019
Sunday, June 23, 2019
Stock Market Analysis (Back To All Time High) - June 23, 2019
Watch this video for the latest stock market analysis on what it might do in the near term.
The FED gave a dovish tone on interest rate, and the market soared to new all time high. Gold broke out of a five years high and oil continues to move up as Middle East tension escalates.
The FED gave a dovish tone on interest rate, and the market soared to new all time high. Gold broke out of a five years high and oil continues to move up as Middle East tension escalates.
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Tuesday, June 18, 2019
How I'm Trading NIO Stock
NIO might have put in a low. Here is how I'm trading NIO stock for now.
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NIO
Monday, June 17, 2019
Sunday, June 16, 2019
Tesla Stock Analysis, Back To $248 Or $178 - 6/14/2019
Will Tesla stock price move back to $248 or $178?
Tesla stock price continues to recover from its recent low. It had a nice pop during its annual shareholders meeting. Now it has pulled back to prior breakout zone. What will the stock price do next? We will discuss some possible scenarios in this video.
Tesla stock price continues to recover from its recent low. It had a nice pop during its annual shareholders meeting. Now it has pulled back to prior breakout zone. What will the stock price do next? We will discuss some possible scenarios in this video.
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TSLA
Sunday, June 9, 2019
How To Trade With Fibonacci Retracements & Fibonacci Extensions - 2019
In this tutorial video, I will demonstrate how to trade more objectively by using the Fibonacci retracement and the Fibonacci extension tool to help you determine potential price retracement levels and project potential price moves.
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#tutorial,
extension,
Fibonacci,
retracement,
spx
Stock Market Analysis - 6/9/2019
In this stock market analysis, we will analyze the price action of the broad market indices, crude oil, gold, semiconductor & financial ETF, SMH & XLF respectively.
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Will Tesla Go Above 216?
Ever since Tesla stock price dropped below 248, it had a rough time. It fell to near the 178 support level before it found support. In this video, we will look at the recent price action and see where it might be headed and will it go above the 216 resistance zone.
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Friday, June 7, 2019
Has NIO Stock Price Bottomed?
NIO made another new all time low this week. Has NIO stock price bottomed? In this video, we will analyze NIO stock price and determine what the stock price might do and what to watch for.
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NIO
Saturday, June 1, 2019
Where Is The Stock Market Headed? - (Weekly Update 6/1/2019)
The stock market continues to fall after Trump imposed tariff on Mexico. In this stock market weekly update, we will analyze the market indices, crude oil, gold, semiconductor and the financial sector to see where is this market headed.
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Tuesday, May 28, 2019
How Did NIO Stock Price React To Q1 Earnings? - 5/28/2019
This morning, NIO reported its Q1 earnings. In this video, we will review how NIO stock price has reacted to the Q1 earnings results.
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NIO
Monday, May 27, 2019
Stock Technical Analysis FAANG, Semiconductor & Tesla
The tech stocks sentiment is currently biased on the downside, especially the semiconductor stocks, the FAANG stocks (FB, AAPL, AMZN, NFLX, GOOGL). Tesla slide has been relentless, and could due for a short term short squeeze.
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Where Will NIO Stock Price Go After Q1 Earnings?
NIO is due to report Q1 earnings and this video shows what the market is expecting from NIO and where the market is pricing in for a possible stock price move after NIO has reported its Q1 earnings.
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NIO
Saturday, May 25, 2019
Stock Market Weekly Update - 5/25/2019
The stock market has been down 3 consecutive weeks. In this stock market weekly update, we will analyze the recent price action of the broad market indices, the index futures, crude oil, gold, semiconductor and the financial sector to identify potential price levels to watch for next week.
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Thursday, May 23, 2019
Stock Market Update (NIO & Tesla Technical Analysis) - 5/23/2019
In today's stock market update, we will review the price action of the indices ETFs, SPY, QQQ & IWM, and the BEV stocks NIO & Tesla.
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Wednesday, May 22, 2019
Stock Market Update (Marijuana Stock Analysis) - 5/22/2019
We will analyze these marijuana stocks; TLRY, ACB, CRON, CGC, along with a review of today's stock market price action.
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Tuesday, May 21, 2019
Monday, May 20, 2019
Tesla Stock Price Tumbled Again!
This morning, an earlier Tesla bull turned more bearish and what he said got Tesla's stock price tumbling.
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TSLA
Uncertainties + Trade War = Volatilities
In this stock market weekly update, we will review the broad market indices and some key market segments as the stock market attempts to weather the trade war between US and China.
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Monday, May 13, 2019
Stock Market Crashed On China Trade Talk
The stock market crashed after the trade talk between US and China failed. In this stock market review video, we will analyze the market price action along with the FAANG stocks and the FAANG plus plus stocks.
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Thursday, May 2, 2019
Stock Market Review (Technical Analysis On Stocks) - 5/2/2019
Stock market review and stock analysis for May 2, 2019. We will review the SPY, the QQQ, some of the sector ETFs, the FAANG stocks and a few FAANG Plus stocks.
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Wednesday, May 1, 2019
Stock Market Review - 5/1/2019
We will review the SPY, the QQQ, and some of the stocks that have recently reported earnings such as Apple, Google, and other stocks.
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Monday, April 29, 2019
What To Look For In Apple's (AAPL) Earnings Report - Q2 2019
Apple (AAPL) will be reporting its Q2, 2019 earnings after the stock market close on 4/30/2019. In this video, we will highlight some of the things to look for in Apple's earnings report and the price levels the market is anticipating to be potential targets.
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AAPL
Stock Drop After GOOGL & WDC Reported A Miss In Their Earnings
Google and Western Digital (GOOGL & WDC) stock dropped in after hour trading after reported miss in their earnings.
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GOOGL and AMD - Stocks To Watch
Today's stocks to watch are GOOGL and AMD. They will report earnings after the market close today, and in the video are the market's projected price moves.
Correction: AMD is scheduled to report its earnings on 4/30/2019 not 4/29/2019.
Correction: AMD is scheduled to report its earnings on 4/30/2019 not 4/29/2019.
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Friday, April 26, 2019
Stock Market At Record High
The stock market has reached new high once again. In this video, we will look at the market and analyze these stocks & ETF:
SPY, QQQ, NIO, TLRY, ACB, LYFT, LEVI, RIOT, WYNN, LVS, ROKU, NVDA, MU, AMD, FB, AAPL, AMZN, NFLX, GOOGL, TWTR, BABA, TSLA, BIDU, CGC, CRON.
SPY, QQQ, NIO, TLRY, ACB, LYFT, LEVI, RIOT, WYNN, LVS, ROKU, NVDA, MU, AMD, FB, AAPL, AMZN, NFLX, GOOGL, TWTR, BABA, TSLA, BIDU, CGC, CRON.
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Wednesday, April 24, 2019
Tesla Earnings, A Huge Miss ! ! !
Tesla earnings reported a much bigger loss than the market expected.
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Tuesday, April 23, 2019
What You Need To Know About Tesla Before It Reports Q1’19 Earnings?
Tesla (TSLA) is due to report Q1’19 earnings on April 24, 2019 after the market close. From its last quarter earnings report, it has stated it will likely incur a loss for Q1. In addition, it has reported less than projected number of vehicles delivered for the quarter due to logistics on getting the model 3 to China and Europe. The price of its stock has loss 14.5% since the last earnings report to the most recent closing price.
It will be interesting to see how the stock price reacts when Tesla reports its Q1’19 earnings. The surprise is not it will report a loss, but how big is the loss. More importantly, the answer to the following questions will most likely impact the near term stock price; what is the next quarter expectation, will the losses be continued into the following quarters, what is the number of vehicles (specifically model 3) delivery expectation for China and Europe in the coming quarter, and what is the rest of the year’s outlook?
As we wait for clarity to the above questions, let’s do a some technical analysis on Tesla’s stock chart and see what it is telling us about the near term price movements.
From the weekly chart, we can see TSLA stock price has been fluctuating between 248 and 387 for more than two years (shaded area), and the stock price is currently sitting just slightly above the bottom of this price range.
Looking at the daily time frame, it shows TSLA stock price is being very respectful to the declining trend line. The last four times the price came up to this trend line, it got rejected and reversed back down. Now, the price has moved back up near this trend line, will it get rejected for the fifth time? There are three possible price movement scenarios; 1) move up and break above the trend line, 2) move back down to the bottom of the 2+ years price range, 3) move up to the trend line and get rejected back down once again.
If the scenario is for the price to break above the trend line, how high will the stock price move in the near term? And if the scenario is for the price to head back down, how low will it drop in the near term? Since TSLA is schedule to report earnings next Wednesday, we can get some ideas on where the price might be headed for either direction by looking at what the options market has priced in for Tesla’s earnings.
Based on the most recent closing prices, the options market has priced in approximate +/-8.5% or +/-$23, and this will result in a price range between approximately 241 to 286.
To determine how realistic this price move might be, we will look back at what the stock price did 10 days after Tesla has reported its earnings from the last ten earnings report periods.
From the last ten earnings reporting periods, there were three occasions where the price went up more than 9% on the tenth day after reported earnings, and the other seven reporting periods where the price went down less than 9%. On those periods where the price went up, the percentage of increase were 9.81%, 18.17% and 20.07%. The least amount of decrease from those negative periods was -0.03%, and the largest amount of decrease was -8.05%.
Base on the last ten reporting periods, the positive 9% priced in by the options market appears to be realistic and wouldn’t be surprised to see price move more than 9% if the market view the report to be positive. And the negative 8.5% seems to be the extreme if the market viewed the earnings/forward guidance to be negative.
I personally do not like to trade through earnings, but if I were to carry a position through earnings, I would look into selling the May 5, 2019 220 PUT for under $2.00. In order for the stock price to move below 220, it has to decrease by almost 20% from the last closing price of 263.90, that is almost two times the 8.5% move priced in by the options market. If I were to sell those PUT options, I would also be willing to buy the stock at 220 if it was assigned to me.
Here is the video version of this pre-earnings look at TSLA stock:
It will be interesting to see how the stock price reacts when Tesla reports its Q1’19 earnings. The surprise is not it will report a loss, but how big is the loss. More importantly, the answer to the following questions will most likely impact the near term stock price; what is the next quarter expectation, will the losses be continued into the following quarters, what is the number of vehicles (specifically model 3) delivery expectation for China and Europe in the coming quarter, and what is the rest of the year’s outlook?
As we wait for clarity to the above questions, let’s do a some technical analysis on Tesla’s stock chart and see what it is telling us about the near term price movements.
From the weekly chart, we can see TSLA stock price has been fluctuating between 248 and 387 for more than two years (shaded area), and the stock price is currently sitting just slightly above the bottom of this price range.
Looking at the daily time frame, it shows TSLA stock price is being very respectful to the declining trend line. The last four times the price came up to this trend line, it got rejected and reversed back down. Now, the price has moved back up near this trend line, will it get rejected for the fifth time? There are three possible price movement scenarios; 1) move up and break above the trend line, 2) move back down to the bottom of the 2+ years price range, 3) move up to the trend line and get rejected back down once again.
If the scenario is for the price to break above the trend line, how high will the stock price move in the near term? And if the scenario is for the price to head back down, how low will it drop in the near term? Since TSLA is schedule to report earnings next Wednesday, we can get some ideas on where the price might be headed for either direction by looking at what the options market has priced in for Tesla’s earnings.
Based on the most recent closing prices, the options market has priced in approximate +/-8.5% or +/-$23, and this will result in a price range between approximately 241 to 286.
To determine how realistic this price move might be, we will look back at what the stock price did 10 days after Tesla has reported its earnings from the last ten earnings report periods.
From the last ten earnings reporting periods, there were three occasions where the price went up more than 9% on the tenth day after reported earnings, and the other seven reporting periods where the price went down less than 9%. On those periods where the price went up, the percentage of increase were 9.81%, 18.17% and 20.07%. The least amount of decrease from those negative periods was -0.03%, and the largest amount of decrease was -8.05%.
Base on the last ten reporting periods, the positive 9% priced in by the options market appears to be realistic and wouldn’t be surprised to see price move more than 9% if the market view the report to be positive. And the negative 8.5% seems to be the extreme if the market viewed the earnings/forward guidance to be negative.
I personally do not like to trade through earnings, but if I were to carry a position through earnings, I would look into selling the May 5, 2019 220 PUT for under $2.00. In order for the stock price to move below 220, it has to decrease by almost 20% from the last closing price of 263.90, that is almost two times the 8.5% move priced in by the options market. If I were to sell those PUT options, I would also be willing to buy the stock at 220 if it was assigned to me.
Here is the video version of this pre-earnings look at TSLA stock:
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TSLA
Thursday, April 18, 2019
What Caused NIO To Surge More Than 5%
Recent rumor is stirring up the price of NIO. Watch this video to find out what was the rumor and what price levels to monitor if NIO stock price continues to surge.
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NIO
Saturday, April 13, 2019
Stock Market Closing In On All Time High
The stock market is getting closer to its all time high. With the earnings season getting underway, will the market make new high or it will falter and head lower? We will take a look at some possible scenarios in this week's stock market recap. In addition, we will look at the FAANG stocks to see how they might help push the market to new high or drag it back down.
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Thursday, April 11, 2019
3 Chip Stock To Watch (NVDA, MU, AMD)
Here are 3 chip stocks to watch for possible long and short; NVDA, MU and AMD.
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AMD,
MU,
nvda,
SEMICONDUCTOR STOCKS
Wednesday, April 10, 2019
NIO Swing Trade Watch Update
NIO still hovering near its all time low of $4.90. But the price actions seem to indicate it might be setting up to make a turn up.
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NIO,
swing trade
Sunday, April 7, 2019
NIO Swing Trade Analysis
This is a video of my NIO swing trade analysis. I was analyzing it for possible swing trade scenarios for next week and when I finished, I decided to upload it to my YouTube channel and share it with you. Hope you'll find it informative.
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NIO,
swing trade
Friday, April 5, 2019
New High Coming?
The market put in another strong positive week and it is inching closer to its all time high. In this video, we will analyze the price action and establish some scenarios on what the market might do. Will it be heading toward a new all time high?
In addition, we will also analyze the FAANG stocks.
In addition, we will also analyze the FAANG stocks.
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Thursday, April 4, 2019
LYFT Stock Price Is Up Again
For two consecutive days, LYFT stock price closed up. Today it closed up $2.00 at 72.09, nine cents above its IPO price. In this video, we will analyze the price action and see where it might be headed in the coming days.
In my previous video on LYFT, I presented my analysis on the price actions and show how I've established some key price levels to monitor. To watch the previous LYFT video, click on this link
In my previous video on LYFT, I presented my analysis on the price actions and show how I've established some key price levels to monitor. To watch the previous LYFT video, click on this link
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LYFT
LYFT stock price went up today!
For the first time since #LYFT went public, its stock price closed up. Although the price is still below the IPO price, it is a good sign to see it bounces off the recent low. In this video, we will take a look at the recent price action and determine where the stock price might be headed in the near term.
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LYFT
Monday, April 1, 2019
Why I Wouldn't Be Buying LYFT & LEVI Anytime Soon! - 4/1/2019
This is a follow up on my review on LYFT & LEVI.
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Sunday, March 31, 2019
LEVI & LYFT, How Are These IPO Doing?
Levi's & Lfyt went public recently. In this video, we will look at the stock price performance since they became public and see where the stock might be headed in the near future.
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Will The Rally Continue? (3/31/2019)
In this stock market update, we will review the stock market indexes, and analyze their ETF for trade setup using technical analysis technique.
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Click here to watch the video.
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Saturday, March 23, 2019
Stock Market Sold Off On Yield Curve Inversion
The 3 months vs 10 years yield spread went negative and the market sold off. Is this the beginning of a major correction? In this weekly market review, we will analyze the indices, the futures market, the index ETFs, and the FAANG stocks to see what to expect as the market reprice for a possible recession.
Click here to watch the video.
Click here to watch the video.
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Sunday, March 17, 2019
What Do TLRY, RIOT & GBTC Have In Common?
These 3 bubble stocks, TLRT, RIOT & GBTC might be setting up for a revival.
Click here to watch the video and find out.
Click here to watch the video and find out.
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Saturday, March 16, 2019
Wednesday, March 13, 2019
ACB (Aurora Cannabis) Surged To New High
Aurora Cannabis announced it has hired a hedge fund manager to held it expand globally, and this news help propelled ACB stock to new high. In this video, we will analyze the stock and determine some potential upside price targets it might reach.
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Click here to watch the video.
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#marijuanaStock,
ACB,
Aurora Cannabis
Sunday, March 10, 2019
Selling On Strength
The market finally showing sign of a pull back last week. The indices are sitting near support and preparing for a possible move down to next potential support levels. If the indices bounce toward prior resistance level, then one could watch for possible setup to sell on strength in an attempt to capture the downward move toward next potential support.
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Click here to watch the video.
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Saturday, March 9, 2019
Is It Time To Buy NIO Stock?
NIO stock price dropped nearly 31% after it has reported disappointing earnings. Does this price drop present a good time to buy NIO stock? In this video, we will analyze the price actions and determine if it is time to buy NIO stock or not.
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Click here to watch the video.
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#ES6,
#ES8,
#teslaOfChina #model3,
NIO,
TSLA
Thursday, March 7, 2019
Waiting For Housing Starts Disappointment
Tomorrow March 7, 2019, two major economic reports will be released before the market open; the February non-farm payroll (NFP) and the January housing starts.
The consensus is 175,000 jobs added in February, and the unemployment rate went down by 0.1% to 3.9%. ADP February employment report released earlier this week stated 183,000 private jobs were added, therefore the NFP consensus will likely be met or exceeded.
The consensus for January housing starts is 1.170 million units annualized rate and 1.287 million housing permits. In recent months, home sales figures and home price increases have been pointing to a slowdown and most likely the housing starts numbers will be disappointed. The reason why the housing starts play such an important role in the US economy is because most of the durable goods purchases stem from housing; i.e. furniture and major appliance purchases.
If one of these reports fails to meet or exceed the consensus numbers, the market will likely continue to pull back and probably with more vigorous. The daily price chart of the SP500 index shows it has started to pull back since the beginning of March, and any disappointments from these reports could cause the market to drop 4.75% from the February close to the level near 2675.
(click on the image to zoom in)
The consensus is 175,000 jobs added in February, and the unemployment rate went down by 0.1% to 3.9%. ADP February employment report released earlier this week stated 183,000 private jobs were added, therefore the NFP consensus will likely be met or exceeded.
The consensus for January housing starts is 1.170 million units annualized rate and 1.287 million housing permits. In recent months, home sales figures and home price increases have been pointing to a slowdown and most likely the housing starts numbers will be disappointed. The reason why the housing starts play such an important role in the US economy is because most of the durable goods purchases stem from housing; i.e. furniture and major appliance purchases.
If one of these reports fails to meet or exceed the consensus numbers, the market will likely continue to pull back and probably with more vigorous. The daily price chart of the SP500 index shows it has started to pull back since the beginning of March, and any disappointments from these reports could cause the market to drop 4.75% from the February close to the level near 2675.
(click on the image to zoom in)
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Tuesday, March 5, 2019
NIO Post Earnings Stock Analysis - 3/5/2019
NIO posted its Q4 & 2018 earnings. The expected over 50% reduction on the car deliveries for the coming Q1 & Q2 has caused the price of its stock to lose more than 17% in after hour trading. In this video, we will review the business numbers and analyze the price actions to determine where the price might be headed.
Click here to watch the video.
Click here to watch the video.
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Sunday, March 3, 2019
NIO Pre-earnings Stock Analysis - 3/3/2019
NIO (a China Tesla) is scheduled to report its 2018 & Q4 earnings on 3/3/2019. This is a pre-earnings analysis of the stock.
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Click here to watch the video.
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Saturday, March 2, 2019
Is The Market Going To Make New High? - 3/2/2019
In this stock market update, we will review the stock market indexes, and analyze the price actions to establish some near term scenarios to monitor for possible trades.
Click here to watch the video.
Click here to watch the video.
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Sunday, February 24, 2019
Are These Chip Stocks A Buy? - 2/24/2019
Recently, these four chip stocks have moved away from their consolidation zone. In this video, we will analyze the price actions from NVDA, INTC, MU and AMD to determine whether or not these chip stocks are a potential buy.
Click here to view the video.
Click here to view the video.
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Monday, February 18, 2019
Is The Market Setting Up To Drop Again? 2/18/2019
In this stock market update, we will review the stock market indexes, and analyze their price action for potential scenarios using technical analysis technique.
Click here to watch the video.
Click here to watch the video.
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Sunday, February 10, 2019
Where Are The FANG Stocks After Earnings - 2/10/2019
In this video we will review the FANG stocks and analyze them for possible price moves using technical analysis technique.
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Click here to watch the video.
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Saturday, February 2, 2019
Weekly Stock Market Update - 2/2/2019
In this stock market update, we will review the stock market indexes and their respective ETF.
Click here to watch the video. Don't forget to watch it on HD.
In addition, if you haven't seen my daily midday live market update videos, click on the link in the weekly video description section or near the end of this video.
Click here to watch the video. Don't forget to watch it on HD.
In addition, if you haven't seen my daily midday live market update videos, click on the link in the weekly video description section or near the end of this video.
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Sunday, January 27, 2019
Weekly Stock Market Update - 1/27/2019
In this stock market update, we will review the stock market indexes and their respective ETF for trade setup using technical analysis technique.
Click here to watch the video.
Click here to watch the video.
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Monday, January 21, 2019
Weekly Stock Market Update - 1/21/2019
In this stock market update, we will review the stock market indexes and their respective ETF.
Click here to watch the video. Don't forget to set it to HD and check out my mid-day live market update video. Link at the end of this video.
Click here to watch the video. Don't forget to set it to HD and check out my mid-day live market update video. Link at the end of this video.
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Sunday, January 13, 2019
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