$SPCX, $BE, $SPX & $MSFT - 4 Charts Driving Markets Right Now

AfraSimon
07-11 11:09

Today's market is being driven by a mix of high-profile stock moves, valuation concerns, and technical signals.

From SpaceX's sharp decline and Bloom Energy's short-seller controversy to the S&P 500's stretched valuation gap and Microsoft's key technical test, these are the charts investors should be watching closely.

1. $SpaceX(SPCX)$ & $Tradr 2X Long SpaceX Daily ETF(SPCM)$

SpaceX $SPCX will eventually be worth more than Planet Earth, proclaims Founder Elon Musk 👀 Hard to beat the risk/reward on that if it plays out ✅

For magnified exposure, consider the Tradr 2X Long SpaceX Daily ETF $SPCM

SpaceX has now lost $1 Trillion in market cap since hitting an all-time high last month 📉 📉

2. $Bloom Energy Corp(BE)$ & $Tradr 2X Short BE Daily ETF(BEZ)$

Bloom Energy was up 2,000% in 2 years, but was it built on a lie?

Hunterbrook Capital, a short-selling fund, says $BE is reliant on Chinese scandium despite its CEO saying otherwise. For magnified bearish exposure, consider the Tradr 2X Short BE Daily ETF $BEZ

3. $S&P 500(.SPX)$

The gap between S&P 500 trailing and forward P/E is at one of its widest levels in history, usually only occurring at market extremes like the Dot Com Bubble and the 2022 Bear Market

4. $Microsoft(MSFT)$

Microsoft $MSFT on track to once again close below its 200-week moving average

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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