$Tesla (TSLA.US)$ Teslal 11 days updside gained around 42% m...

Tesla snaps win streak: Buy or bail?

Views 1.5M Contents 470

Dr DT joined discussion · Jul 11, 2024 17:16

$Tesla (TSLA.US)$ Teslal 11 days updside gained around 42% made no sense based on deliveries. However, this is due to market bullish sentiment and interest rate cut expectation. Basically only the mag 7 stocks are rising everyday on momentum run but not the broader market. Therefore expect a correction anytime now. May be as early as tonight after CPI report. Even with cooler CPI report, market may start to sell off just like sell the news event. keep level headed and trade with knowledge rather than emotions and greed. Good luck and keep cool.

Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more

Translate

Report

7241 Views

Comment

Dr DT

Retailers must include gold in their portfolio during rate cut cycle and economic slowdown. Consider NEM, GDX, GLD, GDXJ

388

Followers

Following

1204

Visitors