rather than pick out individual stocks to trade, it can often be worthwhile to trade the indices themselves, especially in times of high volatility.

for those so inclined, i attach below charts for FTSE and FTSE 250, though one might equally be tempted to trade Dow or S&P, which is significantly broader in its coverage, or even NASDAQ

for ease of reading, i have attached 1 year and 3 month charts in each instance

in addition to TSLA, you guys may also like to look at YELP

TSLA
the market looks as though it likes this a lot, and not withstanding that dow is likely to open a fair bit lower following rising tensions in ukraine, a further fillip to sp today still looks on the cards


Tesla Motors, the US electric car manufacturer, announced plans to sell at least $1.6bn in convertible senior notes to raise funds for a vast new battery factory as its shares hit a record high on Wednesday.
Tesla’s stock was boosted earlier this week after a Morgan Stanley analyst said its shares could rise significantly if its effort to construct its own lithium ion battery factory puts it in a position to disrupt the wider US energy industry.

FTSE testing technical support, if 6750 does break it undermines bullish sentiment.

Electric cars , wouldn't touch it with a barge pole !

Not a metal one anyway!

I'm in the FTSE comp with 6750 hope it holds until tomorrow :))

:~))

A hammer on the FTSE daily

We'll be looking above 6820 then for shorting positions tomorrow..

Ironically I've had one trade today - long!

meanwhile, dow tries to resist any downward pressure

S&P trying highs.

FTSE new highs tomorrow??

Well Skinny, its either a case of great minds thinking alike of we're both as.......................................................!!

I'm short 6824

Well done again Shortie - I've been a bit busy and was a bit greedy with my limit - starting to look up maybe.

On edit - or not!

I assume your long position did well yesterday. FTSE closed.

Closed it for +30 - but way too early (as ever).

Ready for September.

U.S. economy grew at 2.4% annual rate in last three months of 2013, down from prior estimate.

in its present mood, dow will probably rejoice

6806 gone short

I'm long @6804!