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Tesla snatched biggest gain in 11 years: How long will the rally last?
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Tracking the U.S. stock market.

The October index is flat, it is expected that the S&P 500 will surge towards 6000 by the end of the year. Currently overbought, but not divergent, being corrected by the upward trend. The Nasdaq 100 is overbought with topping divergence, it will have to be corrected sooner or later! It's like playing a game when the index drops by 10%. This is because the S&P at 6000 points has already met the full 25 fiscal year EPS expectations. As I mentioned before, if the traditional October drop does not occur, one must be extra cautious in November and December, as it will become difficult to trade. Hopefully Trump can return to the historical stage and continue munching on McDonald's in the White House.

Tesla is still fluctuating in the $220-266 range. Tesla pulled off a violent bullish candle last night, directly surging by 21%, the second largest single-day rise in history. If it can break through $266, it will target $300 and new highs without being trapped by previous positions. If $266 cannot be crossed, consider a synthetic put (search for GPT explanation if you don't understand, with a strike price near $260, buy until the end of the year) and continue to patiently wait. Avoid being out of the market. This quarter, Tesla's gross margin of 19.8% significantly exceeded the consensus expectation of 16.8%, mainly due to a credit-adjusted profit margin of 17.1%, exceeding the consensus expectation of 14.9%, higher than the 14.6% in the second quarter, delivering a perfect report. The model 2 below $0.03 million has not been further delayed, and the cybertruck has also started making profits.

Yesterday, I also opened a position in IONQ, a quantum computing hardware and software supplier. It may become the next Nvidia, currently valued at 3 billion, with high volatility. However, given the demand in artificial intelligence, energy storage, and space computing, taking a small position to bet on potential opportunities is quite worthwhile!
Tracking the U.S. stock market.
Tracking the U.S. stock market.
Tracking the U.S. stock market.
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