@moonbop:$Invesco QQQ Trust(QQQ)$$SPDR S&P 500 ETF Trust(SPY)$$E-mini Nasdaq 100 - main 2306(NQmain)$ is leading me to believe that wave 3 ended in Oct, not Jun. Why? because of peak in Aug piercing wave 1 lows. If so, then we are in wave 4 which cannot break wave 1 lows.... More information is in the chart. Where is smart money rn vs retail sentiment? How are the credit markets looking? How does$DXY look rn? $Cboe Volatility Index(VIX)$ is sitting on a 5 year trendline. How do all your momentum indicators look? ...Seems like an area to be cautious in.
@A.111:Tesla (TSLA) Chief Executive Elon Musk said Twitter employees will get stock grants based on an approximately $20 billion valuation for the social media company, The Wall Street Journal reported, citing an email to staff. Musk purchased Twitter for about $44 billion last year. "I see a clear, but difficult, path to a >$250B valuation," Musk reportedly said in the note.
nice//@Nemesis82:ok//@OutOfTheBox: Banks' business is very simple, borrow from depositor and lend to someone who needs the money.Using short term deposit to find long term asset, that's burying a time bomb, borrowers default or exodus of deposits will put the banks in trouble. Capital management team as well as the value ofthe assets are critically important to ensuring insolvency of a bank.
@Keeley:$Tesla Motors(TSLA)$ #TSLA Price playing out nicely as analyzed last week. The highs at 124.48 are still protected and price is showing signs of rejection. However, there are equal highs created now. Price could likely take out the equal highs before going lower. https://www.tradingview.com/chart/TSLA/dJBsl5DE-TSLA-Analysis/