Is Tesla Really Worth More than Ford?

Today's updates from Rick's Picks. You are receiving this email because you signed up for daily updates at www.rickackerman.com Is this email not displaying correctly? [View it in your browser](. [Follow on Twitter]( [Forward to a Friend]( The Hidden Pivot Seminar "Trading success is only six hours away." Learn Rick Ackerman's risk-averse Hidden Pivot Method and never trade the old way again. -------------------------------- “...I am pinching myself to be sure I am not dreaming. I am more confident every day with the HP approach. I am making money... I am able to escape the screen if I so wish. I do not end the day stressed and hyperactive. Impressed? I am absolutely knocked out - just wish I had found the site years ago. Best wishes, long may you continue.”- David Ivory Recent Commentary - [DXY – NYBOT Dollar Index (Last:101.18)]( - [The Yellow Flag Is Out]( - [Yellen’s Idea of a Heated Economy]( - [With AMZN’s Effortless Recovery, the Smart Money Is Ready to Rampage]( - [Bull Trades in Gold, Silver and TLT]( - [Inflation Ahead? Yeah, Sure.]( - [A Tone Change in Long-Term Rates?]( - [Bullion Looks Poised to Leap]( - [Where Have All the Contrarians Gone?]( - [Fade the Non-Farm-Payroll Lunatics]( - [Short Into This Craziness?]( - [Is the Selloff Just Another Fake-Out?]( Rick's Pick for Wednesday TSLA – Tesla Motors (Last:303.70) Posted Tuesday, April 4, at 10:28 p.m. ET Tesla’s market value has exceeded Ford’s with this week’s blitzkrieg rally, but the thrust does not have much farther to go before it hits presumably firm resistance at the 316.37 Hidden Pivot shown. Long-term investors should consider doing covered writes if and when that number is reached, since it could mark the beginning of a correction lasting for at least a couple of weeks. Since we never chisel our forecasts in stone, let this one allow for the possibility that the stock will blow past the target on first contact. Were this to occur it would augur a continuation of the rally to 349.40, the ‘extension’ target of a lesser ABC pattern whose provenance dates back to the December low at 180. There is no way to trade this vehicle at the moment with risk under tight control, so we won’t attempt it. It is remarkable that so young a company, especially one facing myriad production and supply problems, could have come to exceed Ford in value so quickly. In fact, with just $6B more in share growth, Tesla will surpass GM as well. Someday we may look back on these milestones as having marked the apex of investor folly. For now, though, all signs still point higher. If you don’t subscribe but would like to join great traders from around the world in the chat room, [click here]( for a free two-week trial subscription. You’ll also receive actionable trading ‘touts’ and invitations to frequent ‘impromptu’ sessions where Rick ‘takes requests'. [follow on Twitter]( || [forward to a friend]( Copyright © 2017 Hidden Pivot Enterprises, All rights reserved. You're receiving this email because you requested that our Daily Commentary be emailed to you. If you don't wish to receive further mailings, please use the unsubscribe link at the bottom of this message. Our mailing address is: Hidden Pivot Enterprises PO Box 270646 Louisville, CO 80027 [Add us to your address book]( [unsubscribe from this list]( | [update subscription preferences](