ok//@Amen555: 1st qtr is usually a weaker qtr and Also due to the long Chinese new year holidays. Musk indicated they wanted to grow 50 percent is on a multi year growth path and not expecting every qtr to beat 50%. Many analyst like to put words in his mouth to put thr company in a disadvantaged position. The fact of the matter is Tesla has delivered multi year growth of more than 50%. Many companies if not most cannot even comes close to its achievements and profitability. Be real. Stop asking for the sky. This is a good set of result and it will only get better going forward.
@Elliottwave_Forecast:Rally in $SPX Expected to Fail According to Elliott Wave March 21, 2023 By EWFHendra S&P 500 (SPX) rally from 10.13.2022 low was in 3 swing and ended wave (2) at 4194.16 as the 1 hour chart below shows. Wave (3) lower is now in progress as a 5 waves impulse Elliott Wave structure. Down from wave (2), wave ((i)) ended at 3943.08 and rally in wave ((ii)) ended at 4078.49. The Index extended lower again in wave ((iii)) towards 3842.91 and rally in wave ((iv)) ended at 3937.27. Final leg lower wave ((v)) ended at 3838.24 which completed wave 1. Wave 2 rally is now in progress to correct cycle from 2.3.2023 high. Internal of wave 2 is in progress as a zigzag Elliott Wave structure. Up from wave 1, wave ((a)) ended at 3964.46 and pullback in wave ((b)) ended at 3901.27. Final leg higher wave
@THB:The S&P 500 and the Nasdaq posted losses on Thursday, as investors juggled solid economic data and a mixed spate of corporate earnings. The price-weighted Dow advanced, held aloft by industrials, while weakness in market-moving tech and tech-adjacent megacaps depressed the S&P 500 and Nasdaq in the wake of downbeat quarterly results and dour guidance. "It’s very much a bifurcated market, a tale of two cities," said Tim Ghriskey, senior portfolio strategist Ingalls & Snyder in New York. "There's lot of pressure on tech and tech-plus names, higher growth names," Ghriskey added. "On the flipside you’re seeing a lot of strength in other sectors, in particular consumer staples, energy, financials, industrials and utilities." Meta Platforms plunged after the Facebook parent followed