Straight to your inbox from Keith himself!

*Trusted by tens of thousands of savvy investors and traders around the world every day

☕️ Do you own enough Tesla?

Nov 06, 2025

Howdy! 👋

Here we go again.

All three indices are in the red as the selling continues.

Break out your buy list… you do have one don’t you??!!

And get to work.

The path to profits is very clear.

What you need is the confidence that you’re on the right track even if Wall Street is seemingly “off” track. Please re-read yesterday’s 5 with Fitz if you haven’t already.

I just did… and it’s already helped me clear my head (even though I wrote the dang thing). 😄

Remember.

If you are not investing when the chips are down, you will not be ahead of the game when they’re up. 💯

Here’s my playbook.

1 – Do you own enough Tesla?

Tesla’s annual meeting hits this afternoon and, with it, a vote on Unka Elon’s trillion-dollar pay package. (Read)

He’s widely expected to get what he wants, but I learned a long time ago that the unexpected has a nasty way of serving up the main course when you least expect it.

I’m not in a hurry to buy more shares today until I know the results.

But I AM plenty content to own what I own meanwhile.

You?

Trade Idea: There is a lot of Tesla call option activity – a bet that prices rise – between $470 - $500 which tells me the bulls are trying to will prices higher. I think the higher probability choice would be selling covered calls, but the drawback, of course, is the possibility of getting shares “called away” if TSLA really runs. I could also see buying deep in the money calls as a way of capitalizing on an upside move using far less capital than buying an equivalent amount of shares would require.

Simply adding a few shares is simplest, though.

Hmmm. 🤔

2 – Peloton: still the world’s most expensive laundry hanger

Peloton’s back in the headlines — and not for anything you’d actually want to brag about.

The company just recalled 833,000 Bike+ units (as in every single one they ever sold) after reports the seat post breaks mid-ride, sending a few poor souls flying. Two injuries reported so far but anecdotally scores more if what I hear is correct. (Read)

Wall Street fawned all over Peloton once upon a time.

I wasn’t having it.

In fact, I told investors very specifically to avoid Peloton like the plague in 2020 when share prices peaked, quipping that a) an “iPad on a bike” was not breakthrough tech and b) that the company’s much vaunted bikes would likely soon be expensive laundry hangers or garage sale specials.

Shares are down 95.9% from a high of $167.42 to just $6.86 as I type.

Ouch. 🤦‍️

MyPOV: Peloton is yet another poster child for what happens when hype outruns hardware. Once the pandemic halo faded, so did the business model. Ask anybody who owned GoPro (which has fallen 98.2% from an all-time high of $93.85 per share to just $1.70 as I type).

Keith’s Investing Tip: Sometimes what you don’t buy is every bit as important as what you do.

Btw and in case you’d like some help in this department, you may enjoy becoming an OBAer. People tell me regularly that what they’ve learned about investing has changed their lives dramatically. Learn more.

3 – Buy airlines… now???

The FAA is cutting 10% of flights at 40 major airports because of the government shutdown. (Read)

Not surprisingly, shares of airlines are down.

AAL, DAL, UAL… the lot of ‘em.

Normally I won’t touch airline stocks with a ten-foot pole except under very specific circumstances, but I am tempted to make an exception in this instance.

Delta would be my choice.

It’s “ranging” just under $60 but a fall to $50 could be an attractive “buy” or at least a point at which to Sell Cash Secured Puts, a favorite high probability strategy of mine.

Hmmm.

Why Delta and not other airlines?

The company’s rebranding itself into a premium, lifestyle choice that goes beyond transportation… and I think it’s working which is why I expect that to show up in the numbers shortly, even if the price doesn’t necessarily reflect that at the moment.

Anecdotally, I’ve chosen Delta over Alaska (which was long my domestic choice) for the last few trips and had a great experience. Better pricing, better cabins, better food… and yes, a better experience.

Alaska, are you listening? 🤷🏻‍

4 – Target, a turnaround or toast

Once upon a time, Target was the model for clean aisles, sharp design, and that mid-priced magic that made people joke it was “Tar-zhay.”

Not anymore.

After four years of sluggish sales and a flood of customer complaints about messy stores, out-of-stock items, and locked-up basics, the company’s trying something new — or at least, different. (Read)

Target’s shaking up its online fulfillment model, shifting ship-to-home orders to a smaller number of stores so others can actually focus on… retailing.

Imagine that!

The move’s already in 36 markets, and early results in Chicago show promise: cleaner stores, fuller shelves, and happier shoppers. Turns out employees do better when they’re not running a mini-Amazon out of the stockroom.

Now comes the real challenge.

Foot traffic’s been falling nearly every week since February. Customers say stores feel chaotic. Prices don’t compete with Walmart. And Wall Street’s patience is running thin.

I’ll take Walmart over Target any day of the week. It may not be perfect, but it works for me.

5 – Millions of traders will be devastated

After nearly four decades in Congress, Nancy Pelosi has announced she won’t seek reelection. (Read)

No word on what her husband, “stock savant” Paul Pelosi will do.

All joshing aside, her legacy is potentially at risk given Paul Pelosi’s seemingly infallible timing when it comes to stock trades that often seem perfectly sync’d with Capitol Hill’s calendar. And that’s terribly unfortunate.

Paul was so “good” that an entire cottage industry has sprung up around so-called “Pelosi trades.” There are ETFs, watchlists, Discord servers, and even TikTok channels that track every move the Pelosis make — as if front-running Congress were a legitimate investment strategy.

I can only shake my head.

You know something’s seriously out of whack when retail traders start mimicking “political” portfolios.

MyPOV: It’s long past time for serious reform. Lawmakers should not be allowed to trade individual stocks — period, full stop. And violators? They should face unflinching criminal prosecution, not a slap on the wrist.

Keith’s Investing Tip: Follow transparency, not hallway whispers.