Here's Why Tesla Stock Soared in May
Shares in Tesla (NASDAQ: TSLA) soared by 22.8% in May, according to data provided by S&P Global Market Intelligence.
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Read MoreGold Futures Pare Gains but Remain High Amid Trade War Worries
Gold futures slip. However, they hold close to multi-week highs after rallying during Monday’s session.
Futures are down 0.7% at $3,372.30 a troy ounce. They reached as high as $3,417.80/oz in the prior session. The precious metal’s Monday jump was driven by investors putting money into safe-haven assets amid renewed trade war jitters,
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Read MoreTrade war cuts global economic growth outlook: OECD
WASHINGTON – The OECD slashed its annual global growth forecast on Tuesday, warning that US President Donald Trump’s tariffs blitz would stifle the world economy — hitting the United States especially hard.
After 3.3-percent growth last year, the world economy is now expected to expand by a “modest” 2.9 percent in 2025 and 2026,
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Read MorePrediction: Buying Nvidia Today Will Set You Up for Life
Nvidia (NASDAQ: NVDA) has already been one of the best long-term investments in history. Since 1999, shares of the chipmaker have increased in value by more than 340,000%.
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Read MoreDow jumps 450 points as it attempts return to positive territory for 2025
4 hours ago
Dow jumps 450 points as it attempts return to positive territory for 2025
The Dow Jones Industrial Average was rallying late afternoon Friday,
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Read MoreThe Burst
2 Cathie Wood Bargains (with HUGE Upside)
It’s no secret that Cathie Wood’s collection of ARK funds have had a horrendous 2022. Her ARKK flagship fund was down 53% year-to-date at the time of writing and traded in the mid-$30s as recently as June, down from a high of almost $100 per share at the start of the year.
But there’s light at the end of the tunnel for growth investors.
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Read MoreThe Ivy
Market Commentary: How To Read Charts To Make Money
Is the stock falling or consolidating? Is it pulling back in an uptrend or rising in a downtrend? Sometimes it’s just hard to know what’s what, and even harder to know how to make money from chart patterns, so let’s life the veil.
Key Points
- View charts on a weekly time horizon and a 2 year time frame to get a clear overview of broader trends.
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