To The Moon

Introduction In the world of stock trading, identifying opportune moments to enter or exit a position can be a complex task. One strategy that has gained attention is the Tom DeMark Sequential (TD Sequential) indicator, which aims to predict potential trend reversals. On August 11, 2023, Tesla (TSLA) displayed a Tom DeMark TD9 Perfect Buy signal on its daily chart (see green 9 on the chart below). While this might seem like an enticing opportunity, it's important to consider various factors before making an investment decision. TSLA day chart Understanding the TD9 Perfect Buy Signal The TD Sequential indicator, developed by Tom DeMark, is a technical analysis tool that identifies potential price exhaustion points and trend reversals. The TD9 Perfect Buy signal occurs when a ser

Wall Street's main indexes finished flat on Thursday. Early gains as a result of “milder than feared” CPI inflation data evaporated as investors begin to worry: About US economy in the longer term and its prospects. Whether US stocks have further runway? When US market closed for Thu, 10 Aug: (see above) DJIA: +0.15% (+52.79 to 35,176.15). S&P 500: +0.03% (+1.12 to 4,468.83). Nasdaq: +0.12% (+15.97 to 13,737.99). Volume on US exchanges was 11.82 Billion shares, compared with the 10.95 Billion average for the full session over the last 20 trading days. US Market On Thursday. Market’s Thursday performance was closely linked to US’s July 2023 Consumer Price Index report (see above). CPI climbed up by 0.2%, notching an annual rise of 3.2%; 0.1% less than analysts’ forecast of 3.3%. Core CP

Another day of trading, I'm grateful to be able to earn small profits again [Miser] Today I traded $Tesla Motors(TSLA)$ again. 2 trades $TSLA 20230818 240.0 PUT$ Bought in early when the price is flushing down in hopes for the price to break down 10mins opening range. Thanks to Lady Luck on my side, the price breakdown and I sold half my position. I was holding on for the second leg down, but it didn't happen. When it breakouts to theupside of the consolidation, I sold my other half to secure my small profits. $TSLA 20230818 242.5 CALL$ Bought