Investment ThesisOn the recent investor day, Tesla, Inc. (NASDAQ:TSLA) reaffirmed its long-term goal to sell 20 million vehicles annually, which justifiably many analysts still question. Moreover, the ability of Tesla to scale should result in stronger long-term free cashflow generation, which was my key lesson learned from the event. Therefore, with a stronger FCF and less debt, we might see the initiation of a share repurchase program.Close to the 2022 year-end, we opened a long position for TSLA in the model portfolio, handsomely returning nearly 64% in two months. Even though it might be a good trimming point, TSLA has more upside. I maintain the long position for the short term, as several catalysts, such as a repurchase program announcement, a margin expansion, or a delivery vol
Wanted to share my own journey on how TA helped me - Without tracking and knowing buy channel, might have sold call at the level near the bottom of the channel (due to green candles) - FOMO - Without knowing Bollinger band, would not have known that 27.44 could be one resistance level to sell call strike on - Without watching MA lines, might have sold call without waiting for the price action to break MA5/20/50 all together (as they converged) - Without the channel, would not have known where the mid-point of the channel was and would not have sold call at the peak (mid point) Thankful to have picked up TA in my options journey. Will continue to perfect it! @TigerStars @C
$Lowe's(LOW)$ Lowe’s over built trying to chase Home Depot. Then Lowe’s contracted by closing stores. Now Lowe’s is piling on debt trying to clean up its act. However, in a climate of rising interest rates, Lowe’s financial position is riskier than ever. Though, insider selling is the tip of the iceberg, the Lowe’s ship is sinking under $29 billion of massive long-term debt ($33 billion debt minus $4 billion cash). Stick with Home Depot, the sensible standard, where I shop.