SMC Update 12-27-22

12/27/2022


Comments (6)
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srblack1960144
srblack1960144

I see that Tesla is below $107 after hours. Wasn't that the top of the downside projection? Also, since it takes stock sales 2 days to settle, tomorrow would be the last day for people to sell in order to accumulate losses for 2022 for tax loss selling purposes. So I'm starting to wonder if that cycle is pointing to a low, and we're about to run out of sellers and then get a rally.

Tima
Tima

Thanks!

brian1469
brian1469

Thanks Peter for showing the long term on the SPX was just looking into it today

danizh53
danizh53

Can't emphasize how impressed I am with the $TSLA prediction. Great job Peter, and thanks for the shorter updates -- they're much easier to stomach.

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dcarter8883312
dcarter8883312

srblack1960144 said:

I see that Tesla is below $107 after hours. Wasn't that the top of the downside projection? Also, since it takes stock sales 2 days to settle, tomorrow would be the last day for people to sell in order to accumulate losses for 2022 for tax loss selling purposes. So I'm starting to wonder if that cycle is pointing to a low, and we're about to run out of sellers and then get a rally. I think Tax Loss Selling uses Trading Day Not Settlement Day. Call your CPA to confirm. ~Dorothy

volfgang
volfgang

Thank you Peter, i made a ~800% return with TSLQ after buying in September when you initially called out those downside projections.

Took half my profit today, still have a lot riding so I would hugely appreciate if you could throw In a TSLA update once a week.

Also very interested in hearing your thoughts on the GOLD chart.

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