Presidents, actors, Elon Musk, Corporations - everyone is onboard and this trend is going to continue.
Protests (HK) wars although unfortunate all means more use of twitter.
They should have a pretty strong qtr and stock will pop to 65 in coming 2-3 weeks.
Just try to stay ahead of the curve... Right now momentum names are coming down hard and AMZN is a momentum stock (remember - high growth, no earnings sky high PE) so in this environment AMZN will suffer further. NFLX, WMT and EBAY are all bad news that will impact AMZN.
The problem is there could be a pretty decent slow down in UE Economy in Q4 - Oil prices are telling you that and which means lower sales at AMZN yr/yr and with a stock priced for perfection don't be surprised if you see a big sell off in coming days.
Its hard to imagine that U.S growth will not slow down in next qtr. Not a fall off the cliff but a slowdown and market has not priced in the slowdown fully
Lots of sales in OCT also - so close to earnings release? Normally closer to earnings releases companies don't allow management /insider info holders to sell.
1. Positive news and momentum towards SUV launch... pre order numbers likely to be shared in earnings release (ER0
2. More details on giga factory - likely additional partnership announcements. Big tech companies wants to be involved.
3. Don't care what the analysts are saying - everyday I see more and more tesla cars on the road and last 3 months the numbers are going higher. TSLA will have a bombshell qtr this is a given.
Get your head out of the chats and try to understand the bigger picture. Anyone who once sits in Tsla is never going back to your traditional cars and this cult is multiplying
Some were betting big on TSLA dropping below 180
I al also noticing significantly more cars on the streets in last few months. I think Morgan Stanley is way off on its call about TSLA North American less deliveries... these big banks often try to talk down the stock to load up on positions - same thing has happened when Goldman downgraded the stock at 120 right befor e earnings
Institutional ownership is high but fund managers are caught on the wrong side. Prices is being kept artificially high but this will not last. Bottom line is with slowing down top and bottom line IBM will need to cut its dividends which means funds will be looking to get out of the stock.
Maybe you have missed the news about the slowdown in China... BIDU will miss. Chinese firms are quick to pull plug on their marketing expenses in slowdown and you will see BIDU ad revenues dropping off the cliff this qtr. Stock to 120
NFLX just can't find its bottom and investors are getting more nervous about the stock. Today as the broader market opened positive NFLX has been struggling from the start - while other momentum stocks may have found some footing AMXN, FB etc. NFLX's decline is accelerating its pace and its only a matter of time some big funds throw in the towel for QTR end window dressing.
ADP report doesn't look that great so a good chance payroll will be weak. AAPL has been bucking the trend last couple of days but that already increases the chance it will be hit hard on Friday if number is weak. Retest of 500 very possible
earnings release will be a non event no stock in anticipation of string numbers and even stronger guidance could take out old highs in its ride towards 200 +
Buy it now