Tesla (TSLA)

Today’s SharePlanner Hangout! In it I go over each of the main indices including: S&P 500, Russell and Nasdaq.  I also discuss my failed trade today in Kate Spade & Company (KATE), and the successes like that of Facebook (FB), First Solar (FSLR), Youku Tudou (YOKU), and 3D Systems (DDD).  I also

Pre-market update: Asian markets traded 0.5% lower.  European markets are trading 0.9% lower. US futures are trading 0.2% lower ahead of the market open.  Economic reports due out (all times are eastern): MBA Purchase Applications (7), Durable Goods Orders (8:30), GDP (8:30), Corporate Profits (8:30), PMI Services Flash (9:45), EIA Petroleum Status Report (10:30) Technical

Pre-market update: Asian markets traded 0.2% higher.  European markets are trading flat. US futures are trading 0.1% lower ahead of the market open.  Economic reports due out (all times are eastern): ICSC-Goldman Store Sales (7:45), Redbook (8:55), FHFA House Price INdex (9), S&P Case-Shiller HPI (9), New Home Sales (10), Consumer Confidence (10), Richmond Fed

Here’s tonight’s watch-list for tomorrow’s trading: Below are just a few of the great setups coming from members of the SharePlanner Splash Zone. They are on top of their game! Long Tesla Motors (TSLA)

It’s the New Year’s Trading Edition of my weekly trading video…Enjoy!

This morning the market is trying to run and whipe out some of the previous day’s worth of losses. As it stands right now, the bears haven’t siezed the moment and the bulls are by no means out of the woods yet, so the key here then becomes patiently waiting to make the next move. 

The ride down in Tesla (TSLA) has been great, and I won’t rule out that it may have more room to go, but at this point, the easy money has been made. I’d cover any short exposure you may have in the stock as the head and shoulders pattern has reached beyond its traditional target. It’s definitely

Nice bear flag developing in the short-term on the heals of a strong head and shoulders sell-off. The bias seems to still be to the downside unless it can break $145. Above $145 and you may have a runner.  If it breaks $145 don’t hold any long positions beyond $165 as it could simply be

Here’s the video I put together for today on trading all the highly followed social media stocks such as Twitter (TWTR), Facebook (FB), Groupon (GRPN) and LinkedIN (LNKD). As well as analysis in my TSLA trades and a broad market analysis too.  Here’s the video:

Two things with Tesla (TSLA) that must be mentioned: 1) HUGE and I mean HUGE support on the 20-day moving average on this stock. 2) A well defined bearish wedge that will be forced to make a move in the ver near future. $182 will be the first level of support violated, but once