Tale of Two Days before the 4th of July, and Tesla Pain

• Monday, everything opened lower than Friday's close. The Stochastic indicators were at the bottom showing an over sold condition for FANG stocks. Alphabet (GOOGL) opened down 14 and dropped another 6 within the first minute of open. It took off to the upside from there. This was different from a couple of weeks ago when on a Monday it was looking over sold and just went lower. I have found that on Momentum Monday's with Google, take the direction that it wants to go 10 minutes in despite where it is. Google closed above 1142 for the day.
  
  
  
• Tesla on the other hand opened up 14 due to the accomplishment of the production levels of the Model 3. Along with other analyst, I find this production level may not be sustained due to the extra hours and make shift tent assembly line. It went up after open and fell on its face throughout the day. Later it was learned that one of the chief engineers has resigned after working with Tesla for 5 years. Tesla continued lower on Tuesday. Tesla is a funny stock and tends to go on runs. The Stochastic indicators were at the top indicating it was over bought and should come down.
  
  
  
  
• On Tuesday, Alphabet and the FANG stocks opened higher and went down from there. Put option were what you should have bought and held on until you could not anymore. Alphabet shot up to 1150 before coming down quickly, came back to where it opened at 1147 and fell all the way to 1122 where it came back to in the last 15 minutes of trading. The market ended at 1pm on Tuesday. 
  

Dow Up, Nasdaq Down!!!

Boeing broke through for another new high at open and then went down and didn't come up for air much today.

Home Depot led the Dow Jones Industrial Average on Thursday as it ran up until 10:50am then fell sharply, but did end the day higher. I would expect to see more of the same on Friday. Verizon also made a nice more up today to break through 49.

Tesla broke out to 328 and fell for most of the day after that. It would have been a good day to buy a Put Option on them around 10am. Every day there is more news of another crash involving a Tesla, so I would not be surprised to see them dip again through Tuesday. The pressure will be on for Tesla to deliver results by the end of the month when Elon Musk says they are going to produce 5,000 cars in the last week of June.

Amazon, Alphabet and most other tech stocks sold off sharply today. This appears to be typical trend after so many hit new highs. I would expect this to continue through Tuesday. Buying Puts on Friday and Monday might be best. 

Banks sold off also today after starting the day up. They still finished up, but marginally.