Huge EV Sector Shift … 2 Major Companies Partner
By
Admin
May 26, 2023
Wall Street Warrior Presents ⮕ ⮕ ⮕
Ford Motor Company (NYSE: F) announced on Twitter alongside Elon Musk that the company's newest EVs will include Tesla Inc. (NASDAQ: TESLA) charging ports.
Here are the details.
Ford is trying to claw its way back into the race for EV market share. An alliance with Tesla is a great move. And investors seem pleased …
So far the stock's pushed 7% higher today. The daily chart is below.
TSLA is on a bullish spike as well.
Take a look at the chart …
Ford is a lower-priced EV play when compared to Tesla.
That makes it more attractive for small account traders.
If Ford is able to continue this bullish momentum it's possible we see some solid trade opportunities develop on the chart.
And keep an eye out for small-cap EV plays as the sector grows.
One tweet could blow this story UP
J.P. Morgan Joins AI Sector
The famous finance company announced its intent to develop an AI tool to help give customers investment advice.
Here are the details.
It's another sign the AI sector isn't slowing down.
AI news is still one of the hottest catalysts among small-cap spikers.
JPMorgan Chase & Co (NYSE: JPM) is a higher-priced play. The stock is trading above $130.
But the catalyst is what we're most interested in. If major companies keep utilizing artificial intelligence, it's a sign this momentum will continue.
We don't have a plan yet.
But the U.S. government says we're close.
There's more information below …
Secretary of the Treasury, Janet Yellen warned the U.S. could default on certain debts as early as this coming Thursday if a deal isn't reached.
The clock is ticking …
Meanwhile, market prices pushed back up toward the highs for 2023.
Take a look at this chart of the S&P500 ETF Trust (NYSE: SPY) …
Keep an eye on the momentum as the market closes today.
And remember …
Monday is a market holiday. There won't be any trading.
Which means Tuesday's moves have an extra day to wind up.
Happy Memorial Day. Have a wonderful long weekend. Get ready for Tuesday spikers …
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