Toss-Ups and Teslanaires

After almost seven weeks stuck on just four selections for the season, we had not just one "Toss-Up" Draw selection but two this weekend, with Newcastle United v Fulham delivering for followers. 

The Away team was favourite in both matches, and since 2000 these selections have an ROI of 22.8% from 264 selections.

The NFL's Small Road 'Dogs also had two selections in Week 15, and both were winners, taking the season record to 33-20-1 (ROI 21.4%) currently the second best season since the league restructured.

2006's record is likely to survive given that we probably only have another seven selections this season and we'd need six winners, but we live in hope. Even if all seven lost, we'd still have a healthy ROI.

The biggest shock of the round was the New York Jets getting 17 points on the road against the Los Angeles Rams and winning straight up - their first win of the season. This was the biggest upset in the NFL since 1995.

Tesla made its debut in the S&P 500 today but it was an inauspicious start, although most markets were down across the board. A down day was to be expected after being purchased prior to indexation, as MarketWatch explains:

The reason Tesla stock is down Monday is probably because some index funds have already bought Tesla shares. With the buying done, there is a greater chance of some post-indexation dip might occur. It’s happened in the past when other stocks have been added to the S&P 500—although Tesla stock always seems to defy convention. Shares are, after all, up about 750% over the past year. 

A 6.49% drop wasn't what I was hoping though, but with with my gains at over 1,000% as of Friday's close, I think I can handle it.

The volatility of Tesla's stock price is likely to lead to the same in the S&P 500 Index, with an $11.11 change in stock price equating to a one point move for the Index. 

There was an article on Bloomberg at the end of last week, reporting on "Teslanaires", those people whose holdings are now, or were, worth over a million dollars.

Now Smith has joined the ranks of the “Teslanaires,” as some of the company’s investors call themselves, with a holding that he says has ballooned to over $1 million, fueled by a rally of nearly 731% this year as of Friday’s close.

If the company is to become a trillion dollar company, as many experts predict, the stock price will hit four figures, unless there is another split, and if it's to become a $2 trillion company as at least one investor predicts, the upside is even bigger. One to hold.