Tesla Motors - Why The Stock Fell Hard on Friday?

Traded Tesla last evening as the stock in the pre market just gap down and when market opened, it gap down even wider where the whole market was selling like hot cakes. It was extreme fear and panic where many stocks just gave up their gains. Tesla was one of the hottest stock the hottest stock of 2019 rose on the promise of success in China and now an epic bull run has come to a halt with tumbling share prices. However, it presented an opportunity to trade on the long side as the price recede from $960 high to a low of $611. So why Tesla? It was because the sheer fear of selling and the amount of investors cutting losses and the unloading from the BBs, it was soon time for them to accumulate again and hence it was a stock to watch out for again despite the cumulative bad news on this stock. We traded and as usual made $ again. It was an impromptu last minute meeting and trade with only some can make it.

Of course, some of them traded Nio while others traded Blackberr and all made $$ on the fly since it was a choppy and easy night. Overall, I enjoyed trading with my team and it was another learning and sharing experienced which I imparted my knowledge and experience to everyone. As usual, seeing them smiling faces means we made it again. Looking forward to next week!

Ron K - A Game Changer

AMD - Long for a Rebound, Dow Jones Crashed -1191 Points

The Dow Jones crashed again last evening. Before the market started, I gave a talk and shared some personal opinion about the market and where the market is heading. It was a lot of people and everyone wanted to know what stocks to trade and what to do with the current situation so I gave some pointers and shared what will I be trading. Went home and soon started trading the Dow Jones and AMD where both stocks were first showing strength but soon gave up their gains. The market in the middle of night suddenly reversed a big one and the Dow just crashed -1191 points. We were all in profits and suddenly everything reversed very fast. Luckily for us, we took the $ and got out without any losses. Congrats to all who traded and made $$ last evening. It was a close shave but luckily all followed instructions.

Ron K - A Game Changer

Tesla Motors - Turned Losses to Profits

Tesla Motors had a rebound yesterday. It was starting quite weak and then suddenly it turned out to be strong. I longed the stock and all of a sudden, it came down first. It was scary as the market kept rising and Tesla wasn't moving up. I was in some big loss and suddenly, Tesla started to show some strength where it galloped and ran. The chart looked good and trying to break a critical wall which it did. However, when it was showing strength and power, suddenly, the Dow Jones reversed and got slammed down again due to the coronavirus. Upon sawing that, I quickly took whatever profits I can in Tesla and the rest was history. The Dow Jones then collapsed and Tesla followed. What a close shave and it was a moment of panic up/down. Turned losses to profits and phew, moving on to the next stock.

Ron K - A Game Changer

Virgin Galactic + Dow Jones = $21,000 Profits in 1 Day

Raining profits in Virgin Galactic and the Dow Jones. The market was a massacre last evening where everyone was killed on a fake rebound and then it started to tank. This sold down was about another -880 points where many traders just threw the white towel on the coronavirus fear. Equally happy because of the sell down, we were able to make $21,000 in Virgin Galactic and Dow Jones. Longed Virigin on a Monday night and sold yesterday when market opened while short sell Dow Jones yesterday midnight and lock in profits during wee hours. The chart has the blinking signals calling for sell and that's where profits also increased. Almost cut a loss but luckily, the market reversed and everything tumbled. Another trader of mine traded Roku and also made $$. Congrats and looking forward to do the next trade.

Ron K - A Game Changer

Dow Jones - Dropped -1000 Points, Profited $6210 USD

The Dow Jones had a super fall yesterday, a fall that was so huge that it scared the hell out of many traders and retailers. However when many were looking to short, we looked to long instead because of the fear which asserted to retailers. Traded and made some good profits of $6210 in some stocks while the Dow Jones also recovered which pushed up most stocks. You rarely see the Dow Jones slammed down -1000 points as it's telling you something major is coming. The last time the Dow dropped -1000 points was 2 years back and there was extreme anxiety and fear which the market soon recovered. Looking forward to make some $ in some other stocks.

Ron K - A Game Changer