Bright outlook for Tesla

Why Tesla Stock (Nasdaq: TSLA) Will Double in the Next 12 Months

By KEITH FITZ-GERALD, Chief Investment Strategist, Money Map Report  ·   August 19, 2014

I believe Tesla Motors Inc. (Nasdaq: TSLA) stock will double within the next 12 months.

Bold? You bet. I know it's not a popular opinion. In fact, I'd go so far as to say that the disdain for TSLA's bull run is only surpassed by the herd's disdain for the overall bull market itself.

For every quarter since at least Q1/2013, any sign of strength by this company has been met with jeers from some pretty powerful detractors.

From the headquarters of GM to the front page of the MIT Technology Review, the chorus has been pretty consistent: Tesla is a hopelessly inflated stock, a flash in the pan and nothing more.

Nonsense...

This company is on track to see a stock explosion that will make its surge back in the spring of 2013 look like a speed bump. I want you to know today that I believe we are on the cusp of a few key developments that will make electric cars in general and Tesla in particular the wave of the future.

Let me explain why....

Read the full story: https://moneymorning.com/2014/08/19/why-tesla-stock-nasdaq-tsla-will-double-in-the-next-12-months/

SCMN: dividend

Swisscom (VTX:SCMN) paid a dividend of CHF 22.00 per share today.

ZURN: dividend

Zurich Insurance Group (VTX:ZURN) paid a dividend of CHF 17.00 per share today.

TSLA: bought today

My order to buy Tesla Motors (Nasdaq:TSLA) was executed at USD 230.30 at the open today.

Taking an interest in Tesla Motors

I figured the chart looks right to get bullish on Tesla Motors (Nasdaq:TSLA) and I have given an order to buy some shares at market at the open today.

SCMN: bought today

I bought Swisscom (VTX:SCMN) today at CHF 530.00

FB: sold today

I sold Facebook (NASDAQ:FB) today at USD 56.2201 with a profit of 47.9% in 615 days, after reading this:
Study: Facebook to lose 80 pct. of users by 2115

ZURN: bought today

My order to buy Zurich Insurance Group (VTX:ZURN) at market was executed today at the open at CHF 261.00

ZURN: buy order

I gave an order to buy Zurich Insurance Group (VTX:ZURN) at market at the open tomorrow.

ZGLD gold ETF: sold today

I sold part of my holding of ZKB Gold ETF (SWX:ZGLD) today at CHF416.60

GLD: bought today

Since my last purchase of the ETF SPDR Gold Shares (NYSE:GLD) at USD 154.41 on 26 February the gold price dropped sharply in the past few days but seems to have turned around today, and I now added the same quantity to my GLD position at USD 134.69, giving me an average cost of USD 144.55

GLD: bought today

My order to buy the ETF SPDR Gold Shares (NYSE:GLD) at the open was executed at USD 154.41

Speculating on gold

I expect the gold price to rise and have given an order to buy the ETF SPDR Gold Shares (NYSE:GLD) in New Yourk today at market at the open.

AGQ: sold

I sold the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today at the open at USD  50.70, resulting in a loss of 1.3% in 1 day.

AGQ: bought today

I bought the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) 15 November at market close at USD 51.36

AGQ: sold

I sold the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today at the open at USD  49.31, resulting in a loss of 2.5% in 1 day.

AGQ: bought today

I bought the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today at market close at USD 50.55

I am not quite sure whether it is really on a clear upward trend but I am taking the risk.

Not buying AGQ at the moment

My experimental trading plan for the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) gave me a buy signal at today's close, but I have the impression that the price is on a downward trend and am modifying my plan to use it only on a clear upward trend.

AGQ: sold

I sold the ETF Pro Shares Ultra Silver (NYSEARCA:AGQ) today at the open at USD  56.2517, resulting in a loss of 1% in 7 days.

AGQ: sold

My trailing stop order to sell AGQ was executed today at USD 59.5217, giving me a profit of  0.5%