My Investing Muse

  The 18th July 2023 US market closed with a small gain of 0.71%. https://finviz.com/published_map.ashx?t=sec&st=d1&f=071823&i=sec_d1_221034768 Some of the players that ended in green include Microsoft, Nvidia, Bank of America, Morgan Stanley and Goldman Sachs. This is not surprising following beats in earnings by some of these companies. As per the screenshot from Yahoo Finance above, the average volume of S&P500 is 3.96B as of 05:26 pm EDT. Investopedia defines the volume as the following: Volume measures  the number of shares traded in a stock or contracts traded in futures or options . Volume can indicate market strength, as rising markets on increasing volume are typically viewed as strong and healthy. When prices fall on increasing volume, the trend is gathering strength to the downside. Conclusion S&P500 volume for the last few days: S&P500 trading volume (daily) from Yahoo Finance Volume seen across a few days can be seen as the momentum of the ...

Technical Analysis of Tesla Stock Note that I recommend a fundamental analysis of any company before we consider using the technicals to guide our entries.  While I am bullish about Tesla's fundamentals, here is my outlook for the coming days. Summary of Tesla as of 21 Aug 2022 From the info, we can establish the following: Tesla looks to be ranging around $900 region in the last few days. Tesla is away from the 52-week low of 620.57 & high of 1243.49. The average trading volume of Tesla was 30.03M 1D Chart of Tesla as of 21Aug22 From the above setup, here are my observations: Stochastic has started a downtrend MACD's downtrend was confirmed by the crossover after Friday (19Aug22).   The volume of Tesla for the last week starting from Monday (15 Aug 22) was 29.79M, 29.38M, 22.92M, 15.83M & 20.42M.  The trading volume of each day was under the average of 30.03M .  This reveals the loss of "strength/momentum of the trend". My 3 EMA lines are starting to me...

Here is some background info on Tesla and the coming earnings: Overview of Tesla for the last 1 year Forecast of Tesla earnings for Q2/2022 with EPS of 1.86 and revenue of 16.52B 1D chart of Tesla dated 19Jul2022 Example of technical analysis that I would use - eg of Tesla $TSLA Using 1D Tesla chart (19jul22).   This is my chain of thoughts using Technical Analysis (using 1D chart as reference).  Stochastic & MACD indicators are both showing an UPTREND.   From the recent death cross in June 2022, the 50MA continues its downtrend.  However, there is a potential for reversal with the MA50 line cutting across the daily candlestick.  This implies that there is a potential for Tesla to enter "bullish" zone of the MA50 (whatever that is above the MA50 line - short to mid duration).   *A death cross happens when a 50MA line cuts a 200MA line from above, usually, a bearish signal.  (MA stands for Moving Average). From my EMA lines setup, Tesla...

Technical Analysis Exercise (12Apr2022) This is looking at charts based on technical analysis of their 1D chart.  It is strongly recommended to conduct fundamental analysis before we conduct any technical analysis . Abbreviation  (based on 1D chart) MA = Moving Average MA50 = Moving Average 50 days (short term trend) MA200 = Moving Average 200 days (longer-term trend) Being prudent, I will give preference MACD indicator for the following logic:  I will rather be late than too early.  I may get lesser profits but I could (potentially) avoid a bigger loss (entering too early and catching a falling knife).   One of the factors influencing my decision will be the Beta of the stock (above 1 being more volatile).  If the stock is more volatile, I may consider leaning more on stochastic than MACD.  As per my previous article, MACD is giving a much more reliable signal than Stochastic . PLTR 1D chart as of 12Apr22 2320hrs Avg. Volume is 52,748,511 ...

Each stock has 3 components as per the 1D Tesla chart below: price time volume   Tesla 1D chart as of 6th Apr 2022 The components of price and volume affect the movement of the stock as this moves along a linear scale of time.  There cannot be any reversal or going back in time as the ticker moves forward in one direction, unless you drive a nuclear powered Delorean.   Back to the Future with DeLorean