Justin B

<a class="mention-user" href="/flightdoc">@flightdoc</a>
Individual investor sentiment is still heavily bearish at 55.9%
It's worth noting that the all-time Bearish sentiment since the survey began is 30.90%. So it's still well up...
<img src="https://stcred.com/public/uploads/2022/10/1665647631542383353885.png">
<img src="https://stcred.com/public/uploads/2022/10/1665647631546342119762.png" width="330" height="230">
<a href="https://www.aaii.com/sentimentsurvey/sent_results">https://www.aaii.com/sentimentsurvey/sent_results</a>&nbsp;

Steve Willis

Nice table...I've created something similar. I think <a href="/symbols/nasdaq-tsla">$TSLA</a> was hanging on by a thread thanks to the broader economy, and more SP pain will now filter through unfortunately.&nbsp;

Yeah $211 would be a solid entry point. That puts the market cap at around $660 billion. I know sentiment is at all time lows but you do wonder at what price point retail investors see value in buying the dip. Interestingly enough it hit $209 in May 2022, so could be a possibility. The previous time it was below $211 was in June 2021.

Franz

34% from the highs and general market volatility, great buying opportunities. $211 would be a great entry based on the charts. With continued global negative sentiment, it may be possible. Although 3rd quarter results are unlikely to disappoint so not a bad call getting in now

<a class="mention-user" href="/flightdoc">@flightdoc</a> I was playing around with the <a href="/comparison">stock comparison</a> tool looking at Tesla vs the rest of the automotive industry...I found this table quite interesting.
<img src="/public/uploads/2022/10/1664616029397138775047.png" alt="Tesla stock price performance 2022 vs all other auto manufacturers" />

<a class="mention-user" href="/flightdoc">@flightdoc</a> volatility looks like it's here to stay - got your trades in?

A number of notable analysts have published investor notes highlighting their on-going concerns with the broader economy and why volatility is likely to continue for Tesla $TSLA stock.
Vanda Research advised investors that "Apple and Tesla...may be the last bastions of hope for the retail community"
The note advised investors that the odds of retail capitulation has increased significantly over the last fortnight thanks to hard money data pointing to the sell-off worsening as the global crisis continues.
"The typical path to retail capitulation is sudden and swift; therefore, we are paying close attention to any further deteriorating internals.&rdquo;
Another indication that sentiment is shifting negative is the lack of retail money buying the dip. This appears to be led by bearish sentiment that stocks will continue to fall over the next six months. In a survey by American Association of Individual Investors, they found that 60.8 percentage of investors surveyed believed prices will continue to fall.
It&rsquo;s the first time since 1987, when the survey first began, that pessimism is above 60 per cent on consecutive weeks.
The chart below is the Sentiment Survey since May 2022.


Retail investors are dumping Tesla stock and no longer buying the dip

A number of notable analysts have published investor notes highlighting their on-going concerns with the broader economy and why volatility is likely to continue for Tesla $TSLA stock.
Vanda Research ...

Luke Adams

A number of notable analysts have published investor notes highlighting their on-going concerns with the broader economy and why volatility is likely to continue for Tesla <a href="/symbols/nasdaq-tsla">$TSLA</a> stock.
Vanda Research advised investors that "Apple and Tesla...may be the last bastions of hope for the retail community"
The note advised investors that the odds of retail capitulation has increased significantly over the last fortnight thanks to hard money data pointing to the sell-off worsening as the global crisis continues.
"The typical path to retail capitulation is sudden and swift; therefore, we are paying close attention to any further deteriorating internals.&rdquo;
Another indication that sentiment is shifting negative is the lack of retail money buying the dip. This appears to be led by bearish sentiment that stocks will continue to fall over the next six months. In a survey by American Association of Individual Investors, they found that 60.8 percentage of investors surveyed believed prices will continue to fall.
It&rsquo;s the first time since 1987, when the survey first began, that pessimism is above 60 per cent on consecutive weeks.
The chart below is the Sentiment Survey since May 2022.
<img src="/public/uploads/2022/10/1664615044417742682271.png" alt="" />