Here's Another Example of Manipulation

On Wednesday, I provided you an example of how retail traders are manipulated with respect to Apple, Inc. (AAPL).

AAPL promptly exploded on Thursday, gaining 4.3% and finishing 3rd out of 500 stocks on the S&P 500. Volume surged to more than 91 million shares and it was the biggest hollow candle (biggest % gain from open to close) since February 3, 2023. Well, this type of manipulation is not an isolated situation. Ready to take a look at Tesla, Inc. (TSLA)?

Enter Tesla, Inc. (TSLA):

Manipulation changes nothing if you own a stock that's been going down like AAPL or TSLA. It's not like you can call your broker and explain how you've been manipulated and that they should reimburse you. Down is down. However, recognizing this blatant manipulation in stocks that you don't own can lead to very savvy trades down the road. Continue to learn from all these expensive lessons that Wall Street keeps providing us. TSLA has fallen 73.89 since the end of 2023 (from 248.49 to 174.60). Isn't it amazing to you that during this EXACT SAME PERIOD, if you had bought TSLA at 11:00am ET every day and sold it at 4:00pm ET, unwilling to hold it overnight, that you'd have made 17.28 (13.48 + 3.80) on a stock that had fallen 73.89? Market makers literally lead us by the nose and, unfortunately, we as retail traders, tend to follow suit. Recognizing this intraday accumulation in the future will help improve your trading results. While I can't definitively tell you that TSLA will head higher, starting tomorrow morning, I can tell you that I believe the risk of being short far outweighs the risk of being long.

Happy Trading! Tom Bowley Chief Market Strategist EarningsBeats.com Better Timing. Better Trades.