Fast Times at Recovery High

The specter of an imminent rug-pull in various, extended large cap technology stocks is certainly rising each session we keep seeing these jittery rallies. However, as some of even the most astute, intelligent market players can attest, the precise timing of the end of a parabolic move can be uniquely difficult and mired in a treacherous field of landmines. Hence, short-selling a name like TSLA, in any form, should be carefully considered from all angles, namely position sizing, predetermined stop-loss placement, hedging, etc.. Otherwise, as we are seeing today with the name up another whopping 14%, where there are assuredly some serious financial casualties on the short side, you may be joining them for some economic toe tags. 

To be sure, the move in shares of Tesla seems absurd. But that's just it: The market is likely taking the concept of inflicting "max pain" to a new level, given the obvious and glaring economic headwinds still present as various major states grapple with another round of shutdowns and restrictions. 

From my vantage point, the theme of Americans heading to the great outdoors for recreation the next few months makes the most sense--Even through Halloween, perhaps, in this cycle. 

We have discussed names like BC and PII both here and with Members. But Thor Industries, below on its daily chart, is a leading motorized RV maker. With various, attractive RVs from which to choose, it is hard not to see how the firm thrives the next several months as the typical summer gatherings and events (sports, concerts, beach bars, etc.) give way to RV trips to a swimming lakes in rural areas, for example. I am looking for the tight falling channel, below, to resolve higher