This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Tesla Easily Beats Four Other Momentum Stocks During Earnings Season

Stocks in this article: AAPL AMZN GOOGL NFLX TSLA

Google ($574.49) traded as high as $608.91 on July 24, even though on July 17, the company reported quarterly results that were below estimates. Google is below its 50-day SMA at $579.28 and above its 200-day SMA at $560.69.

The weekly chart shifts to negative given a close on Friday below its five-week MMA at $579.81. Annual value levels remain at $522.17 and $489.53 with semiannual and weekly risky levels at $589.86 and $600.78, respectively. This month's risky level at $614.60 is not shown in the second "crunching the numbers" table.

Netflix ($430.30) has been trading sideways to down since setting an all-time intraday high at $475.87 on July 2.

The company reported slightly higher-than-expected earnings on July 21, but the stock opened lower on July 22 and traded as low as $412.51 on Aug. 1. The stock is below its 50-day SMA at $435.36 and above its 200-day SMA at $386.40.

The weekly chart shifts to negative given a close on Friday below its five-week MMA at $428.17. Semiannual value levels remain at $359.04 and $341.57 with a monthly pivot at $431.70 and weekly and quarterly risky levels at $445.38 and $472.26, respectively. Note that investors could have booked profits on strength to $472.26 on July 2.

Tesla Motors ($248.93) held above its 50-day SMA at $212.86 on July 17, and then gained upward momentum after it reported better-than-expected earnings on July 31.

The stock traded as high as $251.42 on Wednesday, which was still shy of its all-time intraday high set at $265 on Feb.26. Note that the low at $177.22 on May 9 held its 200-day SMA which is now up to $192.95.

The weekly chart is positive with its five-week MMA at $227.61. Weekly and quarterly value levels are $242.60 and $227.65, respectively, with this month's risky level at $283.76.

Three Market Props Are Gone

2 of 4

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs