Let us recap my previous post. Tesla posted positive earnings for the fourth quarter in a row and opened the door to being added to the S&P 500. Thanks to Tesla’s stock price surge this year, Elon Musk is among the world’s wealthiest individuals. As a reminder, a committee will decide whether Tesla will be Read More
Category: The Trade Desk
From the Trading Desk: Is Tesla in or Out?
“The opposite is also true, if Tesla fails to post profits on the 22nd, the stock could tumble and lose a portion of its recent gains. This is probably another argument for the increased short sellers, who have taken the short interest on Tesla to record levels at over $19B.” Read More
From the Trading Desk: Should the Newly Unemployed Start Trading?
The Covid-19 virus has shocked people’s lives and economies around the world. Many people have lost their jobs, businesses have shut, and medical systems struggle to name a few consequences. Investors are wondering where the opportunities will be and are seeking alternatives. We are seeing everyone adopting to a work-from-home lifestyle. There are advertisements on Read More