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08/07/2018 Live Update

Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 12:12 pm

TRIVIA, not really market related
San Francisco tech workers get free lunches from their employers [there are 40 office cafeterias in SF ] and are not visiting local restaurants, causing pain.
This is not what the city had in mind when they offered companies hefty tax breaks.
https://www.cnbc.com/2018/08/06/san-fra ... nches.html
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Re: 08/07/2018 Live Update

Postby Cobra » Tue Aug 07, 2018 12:30 pm

testing day high, pullback big would mean today is only a range day.
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 12:31 pm

TSLA
breaking:
saudi arabia soverign fund has a big stake
[blmbrg]
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 12:49 pm

15 days %
Transports IYT is brown
:o
87fifteen.png.png
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 12:56 pm

Al_Dente wrote:TSLA
breaking:
saudi arabia soverign fund has a big stake [edit: 3-5%]
[blmbrg]

elon tweet:
considering taking TSLA private at $420
says "funding secured"
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 1:08 pm

take private: the math guys say that would take $72billion :shock:
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Re: 08/07/2018 Live Update

Postby Cobra » Tue Aug 07, 2018 1:11 pm

ascending triangle, breakout more likely.
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Re: 08/07/2018 Live Update

Postby Trades with cats » Tue Aug 07, 2018 1:15 pm

Elon failed to dislodge the shorts with his earnings tweets. Guessing this is a second attempt. My gut says all the paperwork is done for the new stock offering to raise what he doesn't have, cash.
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Re: 08/07/2018 Live Update

Postby Trades with cats » Tue Aug 07, 2018 1:22 pm

Starting to look a lot like a double top. Bulls better get their act together.

If they don't nail a new all time high without government help, be it Chinese or otherwise, serious trouble. Nobody accepts the longer term technical indicators at face value anymore because of the constant government intervention and I think the awareness of that is steadily increasing.
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 1:49 pm

87elon.png.png
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Re: 08/07/2018 Live Update

Postby Cobra » Tue Aug 07, 2018 2:04 pm

larger ascending triangle but still breakout is more likely
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Re: 08/07/2018 Live Update

Postby 1der » Tue Aug 07, 2018 2:07 pm

CNBC.com Headline:

" Tesla stock jumps on Musk's tweet that he is considering taking company private; unclear if tweet is legitimate "

There is not even an attempt at masking the manipulation :lol: :lol: :lol:
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 2:10 pm

Is this an SEC violation, announcing possibly going private in a TWEET ?
[blmbrg asks]
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Re: 08/07/2018 Live Update

Postby 1der » Tue Aug 07, 2018 2:11 pm

TSLA shows HALTED (again) on IB @ 367.25 :o

Pasta Boss has CONNECTIONS!!!!!!! :lol: :lol: :lol: :lol: :lol: :lol:
Last edited by 1der on Tue Aug 07, 2018 2:14 pm, edited 1 time in total.
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Re: 08/07/2018 Live Update

Postby Trades with cats » Tue Aug 07, 2018 2:13 pm

Yes, the shorts did not cover at earnings this time. The lies just keep getting bigger and he has reached the point of disbelief.

I still think Tesla implosune is a front runner for the a ha event that panics the junk bond market.
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 2:13 pm

1der wrote:TSLA shows HALTED on IB @ 367.25 :o


yes halted
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Re: 08/07/2018 Live Update

Postby Trades with cats » Tue Aug 07, 2018 2:20 pm

from Twitter-
TSLA LBO pro forma debt: ~$50BN. At 7% that's $3.5BN in interest per year
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 2:40 pm

TSLA
Reuters reports that “quick” options traders had paper profits of 9%
https://www.reuters.com/article/us-tesl ... ssion=true
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Re: 08/07/2018 Live Update

Postby Al_Dente » Tue Aug 07, 2018 2:51 pm

i guarantee u he is on the phone with the SEC right now
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Re: 08/07/2018 Live Update

Postby QED » Tue Aug 07, 2018 2:53 pm

Al_Dente wrote:TSLA
Reuters reports that “quick” options traders had paper profits of 9%
https://www.reuters.com/article/us-tesl ... ssion=true

Jon "Dr. J" Najarian will be on CNBC later saying that he bought those options at the VERY bottom and sold them at the VERY top ...
and if you buy his service, you can trade like that a well. :roll: ;)
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