Tesla The Dow is up 500 points this morning and has come out of an ominous looking weekend with flying colors. TSLA generated yet another Intermediate Term Buy Signal at yesterday's close. For option traders the March $1,000C is trading at $40 ($4,000 per call) and the June $1200C is at $72 ($7,200 per call). Below is an updated TSLA Call Table with other strikes and expirations. Ron Baron, one of the earliest and wealthiest TSLA bulls has updated his Tesla valuations for the coming decade. It's ten-minute summary of how TSLA gets to a $4T market valuation, i.e., $4,000/share: Ron Baron Bitcoin We have been Long Bitcoin in one form or another (GBTC, MSTR, Bitcoin accounts) so new Buy Signals are more confirmations than calls to action. Nonetheless, Bitcoin generated new Intermediate Term Buys above $34K over the past 24 hours. The chart below indicates a measured move to above $50K is next the only question is has it begun yet? Holding above $34K says it has.
