by Dave Kranzler | May 30, 2019 | Financial Markets, Market Manipulation, U.S. Economy
TSLA had yet another bad week, closing down $19 (9%) from the previous Friday’s close. Last week every attempted bounce in the stock was shortable on a daytrading basis. Currently Tesla’s shares are trading at $188. It would likely be a lot lower if it...
by Dave Kranzler | May 27, 2019 | Financial Markets, Housing Market, Market Manipulation, U.S. Economy
The housing market continues show contracting sales volume. April existing home sales fell 0.4% (SAAR – Seasonally Adjusted Annualized Rate) from March and 4.4% from last April. Existing home sales have dropped year-over-year 14 months in a row. This is the...
by Dave Kranzler | May 24, 2019 | Financial Markets, Market Manipulation, U.S. Economy
Elon Musk sent out an internal email to employees on Thursday in which he makes the highly dubious claims that the Company has 50,000 new orders for the Model 3, the Company has a “good chance” of exceeding Q4’s record deliveries and the production...
by Dave Kranzler | May 21, 2019 | Financial Markets, Market Manipulation, U.S. Economy
Reuters report in which the news service discovered that almost all of the solar cell production at Tesla’s solar factory in Buffalo, New York is being sold overseas, primarily to a large Asian buyer. Tesla’s Solar City business was given $750 million in...
by Dave Kranzler | May 20, 2019 | Financial Markets, Market Manipulation, U.S. Economy
Tesla has been “done” for awhile but many of the Wall Street and investor “uber” bulls are finally starting to see this reality. Amusingly, Wedbush’s Dan Ives issued a report in which he lowered his price target on Tesla stock from $270...
by Dave Kranzler | May 17, 2019 | Financial Markets, Market Manipulation, U.S. Economy
That’s the only way to describe this stock market. It won’t end well for the hedge funds whose algos are chasing price momentum nor for the retail daytraders playing the game of “greater fool.” Apparently CSCO and WMT’s “beat”...
