To The Moon

Investors will look for a new record high for Tesla stock by year-end. It just might get there.Entering the week, Tesla stock is less than 5%, or $21, shy of its record closing high of $409.97 reached on Nov. 4, 2021. It's about 6%, or $25, away from its intraday high of $414.50 reached on the same day.At the start of the year, with shares at less than $250, an record high looked unlikely, but then Tesla stock typically does the unexpected. Entering Monday trading, Tesla stock was up about 57% for the year.Earnings haven't led to the gains. According to FactSet, at the start of the year, analysts expected Tesla to earn about $5 a share. That estimate is down to about $3.40 a share. Price competition in China, and slowing EV sales in Europe and the U.S. have weighed on estimates.Technical analysts aren't making fundamental calls on stock prices. They can help fundamentally minded investors understand what traders and other investors are thinking. Right now, the latter group is thinking

U.S. stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday's jobs report.Market SnapshotThe Dow Jones Industrial Average fell 248.33 p

1) TSLA price disconnecting from fundamentals has occurred in the past and can persist for a while. 2) 2Q24 results may be above expectations, causing positive revisions to 25/26F helping to sustain momentum. 3) Investor tepidness to be negative into “robo-taxi” day, and/or there is a true upside surprise at the event. In our view, we believe TSLA is making good technological progress, but the challenge is hard and may face operational challenges . More meaningful than robo-taxi is showing the n

It was the week the meme-stock frenzy from 2021 returned with a vengeance - and it may all be over already.All it took was a tweet from the long-dormant X account associated with investor Keith Gill,

Cloud monitoring company Datadog (NASDAQ:DDOG) reported strong third-quarter results and a healthy outlook for the coming quarter on Tuesday, prompting an upgrade from investment firm JP Morgan. Analy