This past week Tesla (TSLA) closed on Friday at $1,544 - up from $178 on June 3, 2019. Tesla has gained over 767% in about 13 months. Apparently, the top insider Elon Musk, thinks Tesla is over priced at $1,544. That was a Tweet from May 1, 2020 when the stock was at about $790. If Elon thought it was too high at $790 two months ago I would think it is really too high now with a gain of about 95% since then! Morgan Stanley recently warned that Tesla stock, at over $1,000 per share, is grossly overvalued ready to plunge because investors are treating it like a high-growth tech company. It is not! It is a car company. One analyst states that the valuation is more in the $650 price targ

This past week we Optik Options opened an alert on Visa (V). Thus far it is up and does not have far to go to net a 30% gain. Visa worldwide payments space is roughly a $185 trillion market with about $9 trillion of payment volume flowing through its network annually. More competition is attracted to this market space continually to include PayPal and Square. As well new regulations but it is possible that Visa may double in size within the next five years. As far as regulations go the European Commission has backed a Euro Payments Initiative (EPI) of 16 banks that may impact some of Visa's revenues as Europe accounts for about 20% of Visa's revenues. All this said, thank you to all our s