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Audacity618
Jan 21, 2022 9:03 PM

Price Drop before Earnings Short

Tesla, Inc.NASDAQ

Description

The risk off market with short and long term interest rates on the rise is creating big risk for high growth tech with nose bleed P/E...but who cares? this is been the story for the last couple weeks... I would caveat and say that I don't think we've seen the big capitulation moves quite yet in investors exiting to the sidelines besides NFLX or PTON. These are not bargain prices for TSLA where sub $900 into pre-earnings next week is in reach (purple box) and post earnings could be worse if there's anything short of perfection on guidance for '22.
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