All the other car companies are killing it but $TSLA Feb 6th Stock market update

$CRWD $DASH

Author

Mukund Mohan
February 06, 2024

Market

“Demand for cars is at an all time high. The industry is bullish overall" Ford CEO Jim Farley reiterating view of GM And Toyota CEOs.

Meanwhile “vehicle volume in 2024 will be notably lower than 2023” said Tesla CEO Elon Musk. 😑 

I sound like a broken record saying resilient market

Tesla finally bouncing off the lows as is Google. Palantir had a great day as well. The market is still strong and up. I will not short this market now.

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Healthcare still continuing its uptrend. $LLY had great earnings.

Chipotle $CMG And ELF Beauty $ELF had terrific earnings, but $SNAP had poor today. Take a look at my video on ELF from last week.

Video of the day

Today’s video is on Atlassian $TEAM, a SaaS company in the DevOps, Service management and Workforce management space.

Deep dive of the day

Today’s writeup is on Nerdwallet a small fintech company. Avoid this stock for now.

Nerdwallet $NRDS Deep Dive – Investment Literacy Coach

Nerdwallet compares fintech products like Yelp

blog.mukundmohan.online/index.php/2024/02/06/nerdwallet-nrds-deep-dive

Good setups for swing

$CRWD CrowdStrike to earnings Mar 5th should get to $325

Doordash $DASH to earnings (Feb 15) has resistance at $118