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The SPY, QQQ, and TSLA too!

In this video, Dr. Stock, the Doctor of Education, delves into the rollercoaster ride that the markets experienced today. The focus of this video is Tesla's recent deliveries, a topic of significant interest. Dr. Stock starts with a technical analysis of the S&P 500 (SPI) and the Nasdaq (QQQ), anticipating potential market movements, especially with the upcoming JOLTS job openings report. He provides insights into key resistance levels and trends, emphasizing the importance of economic reports and upcoming bank and tech earnings.After the market analysis, he briefly introduces Moomoo, a trading platform offering advanced tools and options analytics, and invites viewers to check it out. Dr. Stock then shifts the spotlight to Tesla's recent delivery numbers, discussing how production and deliveries exceeded expectations, despite a dip in leasing.The core of the video revolves around Dr. Stock's preliminary earnings forecast for Tesla in Q3 2023, based on production and delivery figures. He anticipates a temporary decline in automotive revenue and EPS, which might raise concerns among investors. However, he emphasizes that this dip could be a near-term phenomenon, as Tesla transitions to a high-scale operation.Dr. Stock shares his long-term optimism for Tesla, discussing potential growth areas beyond automotive, including power walls, full self-driving technology, and Tesla insurance. He also outlines Tesla's delivery targets for 2023 and the challenges they face in meeting those goals.The video concludes with a technical analysis of Tesla's stock price, where Dr. Stock suggests the possibility of near-term weakness but anticipates potential positive movements driven by Q3 earnings guidance. He encourages viewers to engage with the content, like the video, comment, and consider joining his Patreon community for deeper insights into his investment strategies. He also highlights the opportunity to receive free shares from Moomoo, a trading platform he recommends. Dr. Stock leaves viewers with his trademark advice that "learning is earnings," promising to return with more insights in future videos.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
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    Doctor of Education, long-term investor, & stock trading enthusiast researching the markets and making decisions.
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