Tesla

📅 Weekly overview of key events that can move the market:

None of the companies I follow are reporting earnings this week, so I will focus only on macroeconomic data. Earnings season starts again next week!

📊 Tuesday
ISM Manufacturing PMI (US) - An index that tracks activity in the manufacturing sector. It serves as a leading indicator for the overall health of the economy.

Job...
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Hedge funds are increasingly betting against stocks, with Nvidia $NVDA, Advanced Micro Devices $AMD and Tesla $TSLA their three largest short positions, a Morgan Stanley report showed Thursday.

Yesterday it rose very nicely - the S&P500 added less than 2%, $AMD jumped 6% and $TSLA even 11%. I don't want to time the market, so I guess I don't care where it goes because I'll either buy or be happy with the gains. We'll see...
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Investors, which stocks did you buy last?

I'm taking advantage of the correction and slowly overbought. Most recently I overbought $AMD, $TSLA and established a position in $TTD.

Tesla faces longest losing streak in 15 years

Shares $TSLA have fallen for seven straight weeks, the longest decline since it went public.

Key reasons for the drop:

-Bank of America and Goldman Sachs cut target prices on $TSLAstock due to falling sales and market uncertainty

- Musk's political involvement and controversial statements negatively impact investor sentiment in the US...
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Investors, which automotive stocks do you have in your portfolio?

I've had $P911.DEstock in my portfolio for a while now and I'm at a big loss, but I'll hold. Currently $TSLA is already looking pretty interesting to me , so I'm slowly buying in, but I'll wait for better prices.

What do you think about the drop in $TSLAstock ? Are you overbought?

Lots of stocks are down this week and Tesla stock is down significantly. The stock is down 20% in the last month alone. I'm just waiting for the price to get below $300, and then I'll start overbought.