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Hot Inflation Data But Fed Likely To Ignore It, Musk Becomes First $400 Billion Man

Benzinga ·  08:17
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To gain an edge, this is what you need to know today.

Hotter Inflation

An enlarged chart ofTesla Inc(NASDAQ:TSLA).

Note the following:

  • This article is about the big picture, not an individual stock. The chart of TSLA stock is being used to illustrate the point.
  • The chart shows the run up in TSLA stock.
  • The chart shows the Arora buy signal after the election. As of this writing, there is 50% gain in about five weeks from the Arora buy signal in TSLA.
  • RSI on the chart shows TSLA stock is overbought. Overbought stocks are susceptible to a...
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