Veteran analyst says Tesla Stock's breakout rides on one key level
Veteran analyst says Tesla Stock’s breakout rides on one key level originally appeared on TheStreet.
Popular Fundstrat technical strategist Mark Newton feels Tesla’s next big move hinges on a single chart line.
According to him, Tesla (TSLA) stock’s chart is flashing a make-or-break signal,
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Read MoreJuly CPI Report Ignites a Risk-On Rally: Stock Market Today
All three major U.S. equity indexes gapped up at the open and climbed through Tuesday’s trading session after the government said inflation wasn’t as hot as expected in July. All 11 sectors were higher amid a broad rally also fueled by another extension of President Donald Trump’s deadline for an agreement with China on tariffs.
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Read MoreShould You Buy Nvidia Stock Before Aug. 27? Here's What History Suggests.
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Nvidia stock has rebounded from its lows earlier this year, and expectations are mighty high as earnings come into view.
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While competition is rising, Nvidia remains well positioned to capitalize on a number of emerging infrastructure opportunities.
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Nvidia stock remains attractively priced compared to prior levels seen during the artificial intelligence (AI) revolution.
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Read MoreThe Burst
Market Commentary: The Perfect Portfolio Revealed
Picking stocks is hard enough but how do you decide what amount to allocate to each stock? Portfolio construction is an art unto itself. Done well, a portfolio can withstand economic storms. Done poorly, the results can be catastrophic.
For two contrasting perspectives, look no further than Berkshire Hathaway versus ARK Invest during 2022.
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Read MoreThe Ivy
1 Tool That Forecasts Recession Has Perfect Record
Oh gee, not only do bulls have to worry about how the CAPE index has risen above 30, historically a signal of an impending market correction. And not only do they have to be skittish about Nvidia hitting a $2 trillion market capitalization, leaving Meta and other Magnificent 7 stocks in the dust on valuation,
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