If Microsoft Corporation (NASDAQ: MSFT) sent market prices lower yesterday morning, Tesla Inc. (NASDAQ: TSLA) is responsible for this morning's gap-up.
And here's a chart of the S & P 500 ETF Trust (NYSE: SPY) …
Quarterly data beat expectations, but even more encouraging were Musk's words on rising demand …
"Thus far in January, we've seen the strongest orders year-to-date than ever in our history. We're currently seeing orders of almost twice the rate of production."
Elon Musk
Likely a result of the recent and drastic price reduction. But demand is demand. And while competitors like General Motors Company (NYSE: GM) and Ford Motor Company (NYSE: F) fight for a piece of the pie, it's encouraging to hear strong demand at Tesla. Investors seem satisfied for now.
Here's a chart of TSLA stock with some decent support at $155 …
AI Catalyst
Well well well … would you look at that.
The AI catalyst is officially underway.
Buzzfeed Inc. (NASDAQ: BZFD) just announced it's using AI to boost content.
If that sounds too good to be true… trust me, I get it. But one trader has done just that, holding one of the top track records on Wall Street in recent years. Regardless of bull or bear markets his 9/10 win rate has held strong (with no signs of slowing down). Now he wants YOU to have the same opportunity to rack up incredible gains, no matter what the market does next. Still not convinced? Click HERE to see it with your own eyes.
This is very important … remember the 'short selling investigation' catalyst that Genius Group Limited (AMEX: GNS) started last week? A lot of other tickers mimicked that press release and spiked their stock price. Hellbiz Inc. (NASDAQ: HLBZ) is a great example.
If you don't participate in the BZFD spike, keep an eye out for copycats as soon as tomorrow morning.
Southwest Trending Mostly South
The massive fumble during a key holiday-travel period took a major toll.
Southwest Airlines Company (NYSE: LUV) reported dismal earnings … to put it lightly. The little snafu resulted in an $800 million loss and weak demand.
Post a Comment
Post a Comment