Quick take: July early run, Tesla, don't forget your lunch

This morning chatting to team, I spoke about a few things catching my eye in markets this week featured below, plus I did I deep dive into 11 US stocks which you can find here.

- Remember the first two week of July are historically the best months for equites. So be nimble. Focus on keeping profits. Maybe lock in profits. And maybe look for pull backs in stocks you like in a few weeks. There is lots more chatter about a potential pull back. Recall last week, we spoke about the odds of Trump being re-elected were high if you looked at betting markets. This means markets could be in for a shock, should there be a surprise. Also consider middle east-tension is not resolved, and Nvidia $NVIDIA(NVDA.US)$ just received its first downgraded of this cycle.

· Tesla $Tesla(TSLA.US)$ bears are getting burned after Tesla reported better than expected numbers last week. Hedge funds piled into short bets right before the EV maker unveiled its most recent sales figures and shorters now feeling the sting from a hefty rally in its stock. SO you may see more upside in Tesla as shorters need to close out positions, which might cause more 'buying' of Tesla ahead of Tesla earnings.·

· Global markets are expected to finish the year strong but volatility is expected to pick up. Markets still think the Fed can cut twice, plus we are seeing the US economy grow quicker than expected. Big stimulus remains: AI fiscal stimiulus US/EU US$81 + AI/chip stimu China US$54b remains a tailwind for te AI and chip megatrend. All in all, this is why are seeing the Nasdaq $NASDAQ 100 Index(.NDX.US)$ shine the most this year, it's trading up 21%. while the S&P500 $S&P 500 Index(.SPX.US)$ trades up 16%. And downunder the ASX200 $S&P/ASX 200(.XJO.AU)$ is up just 3% this year.

- But do not forget your lunch. Aussie's should not ignore US stocks. The Aussie market is trading at price to earnings (PE) ratio of 17 times earnings and has a forward dividend yield of 3.7%, while the Nasdaq has a PE of 35 times forward earnings. So this simply means, it's cheap to buy into the Aussie share market, if you are looking for dividends. But if it's dividends you seek, then you NEED to check out article.