This article reminds us from another perspective that the stock price has entered a high value zone, caution is warranted when creating new long-term positions.
Tesla's stock price has regained its upward momentum, once again eliminating the decline in 2024!
Tesla's stock rose in the trading of the new week, with an optimistic outlook for third-quarter deliveries, bringing the stock price back to positive territory for the year.
On Monday, Tesla's stock closed at $250, up 4.9%, while the S&P 500 index rose 0.3% and the Dow Jones Industrial Average rose 0.2%, resulting in Tesla's stock price rising by 0.6% in 2024.
Tesla's stock continued to rise on Tuesday, rising nearly 3% at one point in the morning session, but as of the time of writing, the increase had slightly narrowed to 1.28%.
Tesla's stock closed at $248.48 at the end of 2023, but had dropped to $138.80 in mid-April, with a year-to-date decline of 44%. Before the release of the second-quarter earnings report in July, the stock price had rebounded to over $250. However, the results fell short of expectations, causing the stock price to drop by over 12% on July 24th.
The gains on Monday also erased the losses after the earnings report. Tesla's stock rose by around 1.5% compared to pre-earnings levels, although it was still about 5% down from the 52-week high closing price of $263.26 reached in early July.
Barclays analyst Dan Ives stated in a report on Monday that he expects Tesla to deliver about 0.47 million vehicles in the third quarter. This figure is higher than the market consensus forecast of about 0.46 million vehicles, representing an 8% year-on-year increase, which typically bodes well for stock price appreciation.
Growth is also a significant factor. Tesla delivered approximately 0.831 million vehicles in the first half of the year, a year-on-year decrease of about 7%. The sales decline was one of the reasons Tesla's stock fell by about 4% before Monday's trading, lagging behind the S&P 500 index by nearly 25 percentage points.
Levi stated that strong sales in the china market will drive good performance, while he pointed out that electric vehicle sales in europe have recently been weak.
According to the industry data provider ACEA, total auto sales in europe decreased by about 8% year-on-year in July and August, while electric vehicle sales dropped by about 23%. The situation in the usa is better, with electric car total sales in July and August increasing by about 14% year-on-year, according to Ward’s Automotive data.
Tesla's third-quarter delivery results will be announced on October 2. This will be followed by the so-called siasun robot&automation taxi event on October 10, during which the company will present the profit prospects of its autonomous driving technology to investors.
Tesla's stocks have risen by about 3.5% in the past week. The Federal Reserve decided to cut interest rates by 0.5 percentage points, providing a boost for many stocks.
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A decline is an opportunity, being enthusiastic about arbitrage in short-term trends and loving rising markets while hating falling ones or pursuing both long and short positions is doomed to lack outstanding achievements.
Before October 10, consider increasing positions below 249.600, range 249.600-242.000: planned and systematic, gradual and phased, discrete random variables, start positioning the fund layout.
B. Breaking below 202.130 triggers the deep drop and repurchase fund bottoming system, in the range of 202.130-182.000: planned and systematic, in gradients and in batches, discrete random variables, initiating the establishment of a protective fund position layout.
I am an investment trader in the financial market. There are opportunities, temptations, and traps in the financial market. If a mature investment trader cannot suppress his own weaknesses of greed and fear, and cannot suppress the excitement caused by excessive secretion of dopamine, he will fall into disasters. Only by facing the complex market calmly like a siasun robot&automation, he can make himself invincible.
The Human Brain Evolved, Too
Dour brains aren't static, and they've come a long way since our hunter-gatherer days. Just as our lifestyles have evolved, so too have our brains. They've adapted to solve complex problems, not just survival-related ones. They thrive in change and challenge. So, keep your brain sharp by continually learning and adapting. That new coding language or gourmet recipe could be the challenge your brain craves.
Dour brains aren't static, and they've come a long way since our hunter-gatherer days. Just as our lifestyles have evolved, so too have our brains. They've adapted to solve complex problems, not just survival-related ones. They thrive in change and challenge. So, keep your brain sharp by continually learning and adapting. That new coding language or gourmet recipe could be the challenge your brain craves.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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成熟投资者：格局，概率，取舍。没有格局必然急功近利。不计概率会把运气当技术。不懂取舍，有所不为，最后必落入陷阱和圈套。
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