Are we out of the woods? 🌲🌲🌲 Recovery looks promising at September. 🤩

Hey Mooers!

Looks like those of us who have diamond hand out way on the index. Congratulations 🎊 you have really stayed strong and believe in the long run of the shares.

Those who have sold off,better luck next time . Learn from our mistakes and move on to more of your convicted stocks. Remember to do your research first before going in Deep @#&! Value!

This are my personal opinion and it is not a recommendation to buy or sell. Keep your panties to yourself do your own Due diligence. 🩲

Alright so here is my take for the weekend.

Polls from the last week we are really confused and it was a a mixed bag. Some said rebound while others are saying it will dip further.

Looks like those who said rebound did their homework. Grats. Comment down below why you said so? Love to hear from you.

PPI, CPI and Jobless Claims

PPI shows a slight decline in production, CPI Shows less consumer spending and Jobless Claims are showing lesser claims from full time job the only good?

The people who are in distress in America 🇺🇸 and the world 🌍 , I really pray that you get what you need to sustain your family and hope you get sufficient prosperity to live a peaceful life. 🙏

Bad bad bad! but why is this a good sign in the market?

Well Mr Market is trying to signal more money printing by the Fed. With all the issues that is happening inside America, they are trying to signal a reduction in the interest rates to help grow the economy in estimate of September. Maybe later? please do your own reading.

The composite index showing loads of sign of recovery. However do be cautious there might be some pullback at the start before going up further.

Dow Jones shows promising uptrend to 41000. Positive indicators are from the MACD cross 0. However, if any bad news happen, there might be a possible pullback to below 40000. Negative indicator is based on the candle gap to fill.

Fingers crossed for more news ahead. However, I am eyeing on another Magnificent 7 which could be the underdog.

Continue Reading below for more details of the stock.

The S&P showing similar patterns to the NASDAQ influenced by both Dow and the Mag 7 notably. Possible uptrend to 5600 and pullback of 5400 within this range.

With that is over and that stock is ........

Now I know what you are thinking am I seduced by the bulls mooers to this stock? and ignore the ?

Instead of reading technicals like I used to as a trader, I decided to change my take and put my hat on as a growth investor.

OK if you are finding my range to trade, is within the range bound of 200 to 230 TLDR for the technicals. I will leave the chart to let you decide.

Now on to the fundamentals and why is such a tradable stock.

As they all say bring on the bad news first before the good news.

BIG BAD NEWS 📰 🐻📉

1. High EV competition

Most of them notably are actually competing with our boy Elon Musk showing that they too can develop their own robotaxi at a fast and economical rate.

In addition to that

2. Sales are slumping in the vehicle sector in the CPI report.

So what makes me feel so good about the company in the future?

Here is my good news

THE GOOD NEWS 📰

1. Trump interview

If you have watched the interview, yeah it may seem like rambling and Trump is like who cares about EV. But what makes me notable about this is that the interview makes a big difference.

Elon Musk is not a politician, but what he is trying to do here is to Hedge against his company to say that either Kamala or Trumps win, he will be at the top!

What he is trying to hint during the whole interview is that his EV business will be stronger even without the politicians

Trump Wins, EV more expensive, China more expensive, people prefer Tesla Cars. Kamala Wins, subsidies will still be in place, robotaxi is his revenue he still win.

What is really notable about Tesla and is not talked about is this.

2. Batteries Revenue

Elon don't really care too much about his EV. His main goal is to get on with the batteries.

I was discussing in the group about my change of mindset and hat about Tesla. Coincidentally this post.

With the batteries business even if the EV went down, Tesla can use the battery business as a moat.

3. The $56 Billion dollar question.

With such a high compensation that Elon Musk had given to himself. This is not in a form of cash by the way it is valued as a stock options. So why i may see that 200 is at the floor?

Details here.

With his compensation plan, the options is valued at 180 calls with a 23 premium. That means it is highly likely that he have to push harder to work his @$ off to get that pay. Else that options can just burn. This is good for investors as it locks the pricing of what is the value that is targeting.

His goal is to reach to 1 Trillion Market cap which I would see a projected estimation of $313 per shares value.

When we won't know. But should be around his lifetime.

Alright folks! I Hope you were entertained. Keep in faith of the companies you hold and may your trades be a 10 bagger in the future!

See you at the top! 🚀 🚀 🚀 🚀

Enjoy this comic for some weekend relief.

Comic strip by Jonathan M Lam