To The Moon

Hello, Tigers!This is the first article in Tiger_Academy's special series on the US election~Last night, Tesla surged 10% intraday, marking its second-best single-day gain of the year. From a technical perspective, Tesla's daily K-line broke out of the downward trend channel that started in July 2023, turning bullish.Over the past week (2024/06/25-2024/07/02), Tesla's stock has risen by 26.66%, and the double-long Tesla ETF (TSLL) has soared an astonishing 55.85%!Two main reasons account for Tesla's significant gains:Tesla delivered 443,956 vehicles in the second quarter, surpassing Wall Street's average expectation of 439,302.Elon Musk, representing traditional American manufacturing and industri

The content and data presented herein are from Bloomberg and Direxion and summarized by Tiger Brokers1. Trading topics for this weekU.S. retail sales data for May will be released on Tuesday - the market expects U.S. retail sales to record a 0.3% m-o-m increase in May, which is better than the unchanged rate in April. The data is regarded as an indicator of the strength of the U.S. economy and has considerable influence on Fed officials. It is expected to record moderate growth, making the outlook for the second half of the year brighter.Fed policymakers will make public speeches - including New York Fed President John Williams, Minneapolis Fed President Neel Kashkari, and San Francisco Fed President Mary Daly , and Richmond Fed President Thomas Barkin will deliver remarks. The market hope

Types of Stocks

Tesla shares fell 1% in premarket trading,as the company delivering 8,621 Chinese-made vehicles in China  in July, down 69% from the previous month.