AlexRamirez Escobar
voted
- $Goldman Sachs(GS.US$ first-quarter revenue fell 27% from a year earlier to $12.93 billion.
- $Citigroup(C.US$ reported first-quarter net profit of $4.3 billion, down 46% year-on-year.
- $Wells Fargo & Co(WFC.US$ reported Q1 revenue of $17.592 billion, while net profit fell 21% year-on-year to $3.671 billion.
$Morgan Stanley(MS.US$ reported Q1 revenue of $14.8 billion and net profit of $3.666 billion, down 11.02 percent year-on-year.
Meanwh...
- $Citigroup(C.US$ reported first-quarter net profit of $4.3 billion, down 46% year-on-year.
- $Wells Fargo & Co(WFC.US$ reported Q1 revenue of $17.592 billion, while net profit fell 21% year-on-year to $3.671 billion.
$Morgan Stanley(MS.US$ reported Q1 revenue of $14.8 billion and net profit of $3.666 billion, down 11.02 percent year-on-year.
Meanwh...
9
AlexRamirez Escobar
voted
Shares of $Tesla(TSLA.US$ reversed Monday’s losses and ended the day mostly unchanged.
Tesla stock continues to remain under increased selling pressure. The emergence of the omicron covid variant appears to have put the brakes on the latest rally.
Bad things come in threes. The SEC has opened an investigation into TSLA that alleged the company failed to properly notify its shareholders and the public of fire risks associated with its solar panel systems.
News of the SEC probe initially sent Tesla shares down as much as 6.4% on Monday. That was more than 20% off their recent 52-week high of $1243 on Nov. 4, meaning they were in a bear market.
Will $Tesla(TSLA.US$ keep falling? Make your guess!
Source:
Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
Tesla stock continues to remain under increased selling pressure. The emergence of the omicron covid variant appears to have put the brakes on the latest rally.
Bad things come in threes. The SEC has opened an investigation into TSLA that alleged the company failed to properly notify its shareholders and the public of fire risks associated with its solar panel systems.
News of the SEC probe initially sent Tesla shares down as much as 6.4% on Monday. That was more than 20% off their recent 52-week high of $1243 on Nov. 4, meaning they were in a bear market.
Will $Tesla(TSLA.US$ keep falling? Make your guess!
Source:
Tesla shares fall into bear market territory after SEC reportedly opens probe into solar panel defects
105
8
AlexRamirez Escobar
voted
$Tesla(TSLA.US$ on Dec 9
4
1
AlexRamirez Escobar
liked
AlexRamirez Escobar
liked
$S&P 500 Index(.SPX.US$ $SPDR S&P 500 ETF(SPY.US$ $E-mini S&P 500 Futures(SEP4)(ESmain.US$
SPX similar to NDX did a high volume bullish close on Thursday and closed back above the 50ma and 50ema after the drop that sliced through those 2 supports on Wednesday sell off.
We bounced off the 4500 support which was mentioned in my video for SPY level at 454.
As SPY is still rejected at 459 resistance, we will have to wait for it to cross back above 464 to see any bullish momentum.
This could be a relief rally and continue going down to close the bottom gaps at 448, 443 and 438. Ichimoku Chikou span has also started to cross the price action and that can be a temporary bearish bias on SPY.
There is only 2 price levels you will need to monitor which is 448 support and also 464 resistance. If it breaks 448, we will be going much lower and if it breaks 464, you will have to switch back to the bullish mentality as ultimately we did retest the ATH of September and could be going for another leg higher from here.
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
SPX similar to NDX did a high volume bullish close on Thursday and closed back above the 50ma and 50ema after the drop that sliced through those 2 supports on Wednesday sell off.
We bounced off the 4500 support which was mentioned in my video for SPY level at 454.
As SPY is still rejected at 459 resistance, we will have to wait for it to cross back above 464 to see any bullish momentum.
This could be a relief rally and continue going down to close the bottom gaps at 448, 443 and 438. Ichimoku Chikou span has also started to cross the price action and that can be a temporary bearish bias on SPY.
There is only 2 price levels you will need to monitor which is 448 support and also 464 resistance. If it breaks 448, we will be going much lower and if it breaks 464, you will have to switch back to the bullish mentality as ultimately we did retest the ATH of September and could be going for another leg higher from here.
As always, trade safe & invest wise!
Do subscribe to my new YouTube channel for your once a week TA and market outlook!
https://www.youtube.com/channel/UCyPNjiwKhSL1p37lqyowuZw
4
AlexRamirez Escobar
commented on
$SPDR S&P 500 ETF(SPY.US$ any calls? 😃 I bought a 415 put yesterday 🤘🏾
4
1