Why $Block(SQ.US)$
1. It's 'musical chairs' like. Market sells thinking they can quickly get a chair when the music stops. Causes a ridiculous valuation, then panic buying.
2. The focus on profitability on Q3 earnings (layoffs)
3. 10-Year bond⏬
4. Stock buybacks
5. Decent 3Q results

Tesla shocks the world by sharing its 48-volt technology — for free
$Tesla(TSLA.US)$

Follow-up for $Netflix(NFLX.US)$
Down 35 points OR 7.5% since entering shorts.
Critical spot here as the selling is getting extended, but still room to drop further until VPVR support and MACD bottom is reached.
Fully out as I am in pure swing/day trade mode this week while hugging cash.

The current average price of a used Tesla has decreased by $29k since the peak in July 2022, marking a 43% decline. Observing the depreciation curve without the impact of COVID-19 reveals a gradual decrease. Yet, drawing comparisons from 2019 may be misleading, as the majority of used Teslas at that time were Models S and X.
$Tesla(TSLA.US)$

Elon Musk, who wreaked havoc on the cryptocurrency markets in mid-2021, will stay away from crypto in the next bull season. While this may not be seen as good news for most investors, those who remember what Musk did before the China bans in mid-2021 still shudder. The mischievous billionaire had said he would now focus on artificial intelligence instead of crypto, and that’s exactly what he’s doing.
$Tesla(TSLA.US)$

$PayPal(PYPL.US)$ is the setup everyone waits for, wishes they got in after the fact, but doesn't recognize it when it's staring them right in the face.
$PayPal(PYPL.US)$ is settling into this beautiful upward trend with upside that's at least a 50% return and could be much more.
Hopefully you're enjoying the ride because it's just getting started.

Chart not drawn to scale, hence can be confusing. But take a closer look at $Netflix(NFLX.US)$ .
1. All its competitors are seeing an increasing cancellation rate, #netflix cancellation rate is declining.
2. Also, the actual rate is only 1%.
$Netflix(NFLX.US)$is the winner of the streaming war.
$Apple(AAPL.US)$$Disney(DIS.US)$

S/L on $Tesla(TSLA.US)$ 232

WHO WANT A FREE TESLA BUS RIDE?$Tesla(TSLA.US)$

$Tesla(TSLA.US)$ profit growth was -37% last quarter as price cuts on cars brought operating margin to 7.6% from 17.2% a year ago.
$Tesla(TSLA.US)$ seems to have a great upside in 2024. But that assumes a sky-high P/E of 75 AND that profit estimates will stay the same (they have been declining).