{"id":75953,"date":"2024-11-07T09:17:03","date_gmt":"2024-11-07T14:17:03","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=75953"},"modified":"2024-11-07T09:18:25","modified_gmt":"2024-11-07T14:18:25","slug":"scott-redler-amazon-tesla","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2024\/11\/07\/scott-redler-amazon-tesla\/","title":{"rendered":"Tesla and Amazon Still Poised to Win"},"content":{"rendered":"

Brought to You By Scott Redler's Power Plays – Get My #1 Idea Every Week.<\/span><\/a><\/b><\/p>\n

SPX futures are +16, giving some upside follow-through to yesterday\u2019s huge move.<\/p>\n

The Election is behind us and Fed Day is today.<\/p>\n

If anything can derail the rally, it will be inflation coming back and higher rates, so we'll listen closely to Powell's press conference.<\/p>\n

I took down some risk and booked a lot of gains into yesterday's move to SPX 5936.<\/p>\n

In Power Plays<\/a><\/strong><\/span>, we have been focused on TSLA<\/b>,\u00a0AMZN<\/b>, plus Bitcoin plays\u00a0IBIT<\/b>\u00a0and\u00a0WULF<\/b>. Needless to say it's been a nice week.<\/p>\n

Now let's dig into strategy:<\/p>\n

TSLA<\/b>\u00a0was amazing for us. I was long the $260 and $270 calls into yesterday. Now, I am long the stock and calls for a move to the $300-$315 area. The stock needs to hold $273 now. Elon made a big bet by affiliating with Trump, but it certainly paid off. Remember, we always let the technicals guide us, which is why I was long into Election Day. I wasn't just speculating on the outcome.<\/p>\n

AMZN<\/b>\u00a0was a big winner this week. I bought $202.50, $207.50 call and also went long the stock as it finally cleared the $200 wall to reach $207.55. I'm looking to buy dips for a possible move to $220 by year-end.<\/p>\n

XBI\u2019s<\/b>\u00a0weekly chart looks great. I do have calls calls on. I'll trim and hold some. This can hit the $110 area this quarter. I'd like to see it break through $103 with authority.<\/p>\n

Bitcoin<\/b>\u00a0became my #1 theme on October 11th. It was $62Kish. Tuesday, it hit $75kK. I'd always take some profits, but I'd think this starts a move to the $85K area by Thankgiving.<\/p>\n

PLTR<\/b>\u00a0changed some investors' lives by hitting $55+. It's a little extended now. Digestion above $51 makes sense.<\/p>\n

\"\"<\/a><\/p>\n

Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n

Get Scott's #1 idea each week.<\/p>\n

That's 52 weeks for just $99<\/a><\/strong><\/span>. (not a typo)<\/p>\n

Be on the list for the next idea:<\/p>\n

See why now's the right time to join.<\/a><\/strong><\/span><\/p>\n

P.S.<\/strong> Don't forget to check out Scott Redler's Power Plays!<\/a><\/strong><\/span><\/p>\n

*Scott Redler Positions Disclosure as of 2024-11-07 at 8.08.17 AM<\/em><\/p>\n

\"\"<\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Brought to You By Scott Redler’s Power Plays – Get My #1 Idea Every Week. SPX futures are +16, giving some upside follow-through to yesterday\u2019s huge move. The Election is behind us and Fed Day is today. If anything can derail the rally, it will be inflation coming back and higher rates, so we’ll listen closely to Powell’s press conference. I took down some risk and booked a lot of gains into yesterday’s move to SPX 5936. In Power Plays, we have been focused on TSLA,\u00a0AMZN, plus Bitcoin plays\u00a0IBIT\u00a0and\u00a0WULF. Needless to say it’s been a nice week. Now let’s dig into strategy: TSLA\u00a0was amazing for us. I was long the $260 and $270 calls into yesterday. Now, I am long the stock and calls for a move to the $300-$315 area. The stock needs to hold $273 now. Elon made a big bet by affiliating with Trump, but it certainly paid off. Remember, we always let the technicals guide us, which is why I was long into Election Day. I wasn’t just speculating on the outcome. AMZN\u00a0was a big winner this week. I bought $202.50, $207.50 call and also went long the stock as it finally cleared the $200 wall to reach $207.55. I’m looking to buy dips for a possible move to $220 by year-end. XBI\u2019s\u00a0weekly chart looks great. I do have calls calls on. I’ll trim and hold some. This can hit the $110 area this quarter. I’d like to see it break through $103 with authority. Bitcoin\u00a0became my #1 theme on October 11th. It was $62Kish. Tuesday, it hit $75kK. I’d always take some profits, but I’d think this starts a move to the $85K area by Thankgiving. PLTR\u00a0changed some investors’ lives by hitting $55+. It’s a little extended now. Digestion above $51 makes sense. Featured: Join Scott Redler’s Plays for $99 Get Scott’s #1 idea each week. That’s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now’s the right time to join. P.S. Don’t forget to check out Scott Redler’s Power Plays! *Scott Redler Positions Disclosure as of 2024-11-07 at 8.08.17 AM        <\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-75953","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75953","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=75953"}],"version-history":[{"count":3,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75953\/revisions"}],"predecessor-version":[{"id":75957,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/75953\/revisions\/75957"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=75953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=75953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=75953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}