To The Moon

In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only.Stocks continued their winning streak as the Fed paused their rate hikes but kept a hawkish underlying tone.The best-performing concepts are solid state battery, SPACs, hydrogen energy and AI concept.Considering the different perceptions of the stock, this time TigerPicks choose $Plug Power(PLUG)$ to have a fundamental highlight to help users understand it better.

🔥 TESLA STOCK | Destroying All Bearish Patterns!

Stocks rose Friday as Wall Street closes out a huge week after investors got the pause in rate hikes

🔥 TESLA STOCK | Destroying All Bearish Patterns!

Hi Tigers:I would like to invite you to share your positions and to win Tiger Coins.Sharing positions is simple. From your account holdings interface, you can click "Share" by each of your stock holdings to discuss with the community how much money you have made (or lost) on your investments.Due to the Fed's recent increase in interest rates, many stocks have fallen, particularly the technology sector, which has entered the "discounting season" early this year. The share prices of$Alphabet(GOOG)$ and$Amazon.com(AMZN)$ have fallen more than 30% so far this year. The share prices of $Tesla Motors(TSLA)$ have fallen more than 40% so far this year.

Yesterday, $Tesla Motors(TSLA)$ dramatically lowered the price of Model 3 and Model Y in China, causing a stir in the market.The Model Y fell below the 300,000 yuan, close to the prices of BYD-Tang EV and AITO M5, and lower than the price of $XPeng Inc.(XPEV)$ G9 and $NIO Inc.(NIO)$ ES6.1. Tesla price cut is for?Some analysts believe that Tesla's move is intended to compete with $BYD COMPANY(01211)$.In the first half of this year, BYD achieved new energy vehicle sales of 641,000 units, more than Tesla's 565,000

Light at the end of the tunnel To be honest, my answer is both a yes and a no! Yes they can rest easy because the rally isa long time coming and if a rally does not come, then the market is really not functioning as it should and that is an even more worrying concern! However they should not rest too much on their laurels because I believe a recession is impending and the indicator I followed which is the 3mths/10Yr yield has just inverted last week albeit for a short while. And that indicator has a strong track record! So if the statistics bore correct, a recession will be around the corner within the year which at least gives us a time frame to work with. Nothing is confirmed but a road map is better than nothing! So considering the market bottoms around 6-9mths before a recession,