Cobra's Market View

Bonus question. After Tesla defaults how will they spin Netflix to save them from the same fate. Remember Model 3 sales and third world subscriber revenue are interchangeable terms.

Top test (failed) and drop. Big question is can the market hold the double aught (2,800) for the cash close. If this was short squeeze I expect everybody bails in the after hours. We will see.

Trades with cats wrote:... After Tesla defaults ...

It may be more fun to first burn all the current shorts with a few new ATH.

And THEN ...

well, guess that's it for today. Wednesday tomorrow has been mixed. thank you guys, I'll see you in another thread soon.

before the close, please take a little time to vote for me, thanks. https://stockcharts.com/public/1684859/tenpp

We get the December Fed rate hike and the next ratchet up in SOMA monthly run off just as Tesla has to deal with rolling that huge convertible bond issue. Right now it it isn't going to convert. I think there is a second whopper in March. Their largest investor is now buying into the Chinese electric car companies. I still think their collapse will set the junk market into a tail spin.

MOC in balance 1.2 Billion $s to buy. Makes 10 points up in 10 minutes make a bit of sense.