恭喜发财 Chinese New Year and Year of Monkey
Earnings: Hasbro, Yelp, 21st Century Fox, Loews, Diamond Offshore, Owens-Illionois, Owens and Minor
Earnings: Wendy's, Disney, First Data, Panera Bread, Western Union, Solar City, Wellcare Health, Regeneron, Viacom, Spirit Airlines, Coca-Cola, Sanofi
6 a.m.: NFIB survey
10 a.m.: Wholesale trade; JOLTs
1 p.m.: 3-year note auction
Earnings: Time Warner, Cisco Systems, Twitter, Whole Foods, Tesla Motors, Humana, Sealed Air, Owens Corning, Nissan, Pioneer Natural Resources, iRobot, Flowers Foods, Rayonier, Zynga
10 a.m.: Fed Chair Janet Yellen testifies before House Committee on Financial Services
1 p.m.: 10-year note auction
1:30 p.m.: San Francisco Fed John Williams on health and the economy
2 p.m.: Federal budget
Earnings: PepsiCo, Kellogg, Nokia, Molson Coors, Time Inc, Groupon, Pandora, Zillow, Teva Pharma, Borg Warner, Advance Auto Parts, CBS, KKR, FireEye, AIG, Activision Blizzard
8:30 a.m.: Initial claims
10 a.m.: Fed Chair Janet Yellen testifies before Senate Banking Committee
1 p.m.: 30-year bond auction
Earnings: Red Robin Gourmet Burgers, Calpine, Buckeye Partners, Interpublic, Ventas, Brookfield Asset Management
8:30 a.m.: Retail sales; import prices
10 a.m.: Consumer sentiment; business inventories; New York Fed President William Dudley speaks on household debt and credit
Sentiment: Strong Buy
All is not well at Tesla. On Thursday, its stock price fell to $166.99, its lowest since January, 2014. After Elon Musk silenced skeptics by delivering a new quarterly record and reaching the company's target of 50,000 EV sales in 2015, this drop may come as a shock to investors. But Tesla's share price may point to a failing in Musk's strategy – the much-hyped Model X.
When Musk launched the Model X last September, a lot of people lost their minds. The SUV had been anticipated for three years, so Tesla was careful to roll it out with as much fanfare as possible. Those falcon wing doors. That air filtration system. Each Model X feature was more fantastic than the last, and that's exactly where Tesla went wrong.
Tesla Motors Inc. revealed disappointing financial performance in the fourth quarter Wednesday, but promised much brighter days in 2016, sending shares roaring back after a prolonged slump.
But can Chief Executive Elon Musk’s bold predictions for 2016 be believed?
To recap some of the promises Tesla TSLA, -3.09% made for this year on Wednesday:
– 80,000 to 90,000 cars delivered.
– Debut of the Model 3, Tesla’s promised “mass market” model, and start of preorders March 31, with the cars being produced and delivered by the end of 2017.
– Profitability on a non-GAAP basis and positive cash flow for the full year.
– GAAP profitability in the fourth quarter of the year.
– Production rate reaching 1,000 cars a day by the end of the second quarter.
– No need to raise more funds despite spending $1.5 billion on capital expenditures.
The forecast seemed to give the company’s investors reasons to believe again, as Tesla shares regained most of the 11.6% loss they had experienced this week, part of a 2016 downfall for the volatile stock.