Did Tesla stock imitate Barron’s post (see below) or was it vice versa? On Mon, 09 Oct 2023 — $Tesla Motors(TSLA)$ stock fell -0.18%, after the company reported a -11% decline for September delivery YoY, in the world’s biggest EV market, China. Based on Barron's post, Tesla delivered some 74,000 EVs from its Shanghai Gigafactory. This is down from approximately 83,000 EVs in September 2022. Further drill-down revealed that Shanghai-made Model 3 & Model Y were the culprits. The drop was attributed to lower demand for the Model 3 sedan and increased competition from local rivals like $BYD Co., Ltd.(BYDDF)$, $Li Auto(LI)$, as per data from China Passenger Car
The sixth Israeli-Arab war broke out, international oil prices soared, Federal Reserve officials issued dovish comments, US stocks on Monday (9) opened lower and higher, energy, military stocks led by the three major indexes closed up slightly.Dallas Fed President Lorie Logan said on Monday that the recent spike in U.S. bond rates could mean there is less need for the Federal Reserve to raise its benchmark interest rate again. On the same day, Fed Vice Chairman Philip Jefferson suggested Monday that long-bond rates could prevent the Fed from raising short-term policy rates further.Traders are now pricing in a 14.1 percent chance of a Fed rate hike in November, down from 27.1 percent on Friday, according to the CME FedWatch tool.Geopolitical tensions in the Middle East dominated investors'
Some argue that wars can create economic instability, leading to bearish trends in the stock market, while others contend that certain sectors, like defense and technology, might experience bullish growth during times of conflict.The war bulls list the wars and index performance. It seems that 4 out of 5 presented upward momentum after the war broke out.The bears compare the price trend of $S&P 500(.SPX)$ and oil prices $WTI Crude Oil - main 2311(CLmain)$ Let’s look at the recent war in 2022:The first chart shows that $S&P 500(.SPX)$ rebounded soon after Russia-Ukraine conflicts broke out on 24th Feb, 2022.However, for a longer period, the index kept