Options Spy: Tesla shares will show weakness this week, resistance 247.5
@OptionsBB:
The Fed's third in command, William Williams, forecast that interest rates are expected to be cut next year, and as the U.S. economy may be heading for a soft landing, the U.S. Treasury interest rate curve is getting steeper, and the main indexes of U.S. stocks closed higher on Monday (7).Alphabet and Meta led gains in communications services, offsetting losses in Apple. Apple's market value continued to fall below $3 trillion as it reported slowing iPhone sales last quarter. Warren Buffett's Berkshire shares hit a record high after a stellar earnings report.Tesla shares plunged as much as 4.4% after the surprise departure of the company's CFO. Large options orders indicate the stock price may be below 247.5 this week