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Tesla And The Play Of The Week - An Easy Read.

Here is Telsa's five day chart. Can you see how it spiked to the upside on Friday morning before it tanked? Can you see how as the day progressed it dipped down to the support level of the $210.00 range? Here is its one day chart. Now this. Lucky in all this action are all those individuals who purchased one day Puts on Telsa in the first few minutes of trading. Look at how these Puts reacted. The lows of the day happened in the first few minutes of trading. Look at the pecentage gains. In the last example a $1.00 option went to $190.00 in one day. Catching one trade like this could make up for twenty bad trades. What's all this talk of Ai trading? Moves like this could blow up the exchanges if thousand of trading platforms could recognize this could happen. This was one of the best option trading opportunities of the decade.
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January Blues and News on Taiga- The Opportunity to Tap Into 90 Dealerships

Here is the list of auto stocks I watch. All are down this morning.
It's difficult to think about playing the upside. It's also difficult to play the downside. Caterpillar is struggling. It dropped today. Analyst are always busy looking in their rear view mirrors to explain what is happening. They now say that Caterpillar is exposed to the slowdown in China. That's not really a fair assessment of the overall big picture. It recently had a nice run up.
Boeing is entering into a cup formation.
Moderna was $86.00 back at Christmas and jumped to $115.00 on Jan 8th only now to settle back down again to $96.00.
Then there is Nio an Ev maker. They are expanding their sales into Europe. I often talk about this stock as it trades in very high volumes and has a huge following . A few years back it traded five times higher in price than it does now. It's product line is now much improved. The stock however is now crashing. There seems to be to much focus on monthly production numbers.
Nothing is being spared in this massive grubbing and jumping in now hoping for the start of a reversal doesn't seem to be a smart approach. Times will however change. ****
Now news on Taiga. Electric watercraft. This will keep them busy.
Why isn't the stock jumping upwards in price? One reason is that the potential of these new orders will force this company to raise additional working capital. They seem burn through money quickly. That plus why are they trying to build two different product lines at the same time? Maybe they should focus on only one product. A few years back this stock was $10.00 per share and now when things seem to taking off it's down to $1.00. If the watercraft division takes off this company might have a bright future. As a general rule I don't like Quebec based companies. It's still very much a wait and see situation.

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