You can find a compilation of all Alex and I’s webinars here.
If you’d like to get involved in the community, there’s a Tax-Back sale still going on here.
Also if you haven’t seen yet – I’ve started an Audio-Blog series. I narrate all my favorite blog posts for you guys. You can find that here.
Short week. Full day Monday, half day Tues, off Wed. Thurs Fri back to regular schedule.
TSLA: Elon shaking things up per usual today. Making cars in tents and announces Tesla produced “7000 cars in 7 days” was his word for word tweet, and I think the lack of details is telling. This was likely a very *conditional* 7K cars it seems, but anything for a headline, right? We still need clarification on what “factory gated” production means. They produced 2K model X&S’s , and 5K “factory gated” Model 3s, whatever that means. Bottom line is nothing is ever as it seems at Tesla, but they appear to have skated disaster again and kicked the can down the road a little further, as they’ve become so accustomed to doing. Earnings is on 8/01 and that should be a negative event, so I’d love to see a squeeze over the next month heading into that. Going to leave it alone initially out of the gate tomorrow and watch the action as emotions will be running hot, but if it becomes obvious the squeeze is on, then bias shifts back to buying dips over the next few weeks until e/r at the end of the month.
PED: Hoping for gap up/open shove and will look ss around 3.50-4 with Thursday’s HOD risk.
DFBG: This one is a little odd, how it traded 30M on Wednesday, then only 3M on Thurs and even less Fri, something seems off, it’s almost too quiet. Would have a long bias here as long as it’s above 3.50. No interest short yet unless way higher or sub 3.50.
If you’re not an IU member and would like to become one, there’s still a sale going on here. Shoot me a PM anytime in chat (DGTrading101 is my IU handle) and I’m happy to discuss trade ideas with you.
See you out there!
– D
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