Tesla's parabolic trading may be a warning about a broader stock market sell-off

📆 10-02-20 18:15:00
📰 CNBC

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While investors may look at Tesla's wild ride as crazy trading in just one stock, some analysts say its bubbly behavior could be a warning.

spiked after its initial public offering last year, an event that coincided with a short-term market top, according to Ramsay.

Both Ramsay and Maley note that investors are trying to make comparisons between Tesla and the 1999 tech bubble. In some cases, they see no parallel because they argue it's a tale of just one stock and determine there's no danger.

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Really? The Market might be broken? What a shock 🙄

Don't take fan boi investing and try to apply it to the broader markets, the only real story is Musk just doubled his wealth at the expense of investors. Life on the high seas of liquidity is indeed a pirate one.

thebearablebull

No, keep buying. Buy buy buy!! Remember folks, buy high, sell lowww!!!! Happy trading!!

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