Keep Tesla and Technology Stocks in your Shopping Cart!
The Nasdaq and SP500 have risen for 5 consecutive days and hit new all-time highs📈 The Nasdaq once exceeded 18,500 points during the session, and the SP500 rose nearly 5,600 points🏔.
Among the "Seven Sisters" of the US stock market, Tesla $Tesla Motors(TSLA)$ $Direxion Daily TSLA Bull 1.5X Shares(TSLL)$ is the most powerful, rising another +3.71% on Tuesday, hitting 10 Continuously rising record, it has risen more than +50% so far in June 🔼 AI stock NVIDIA closed up +2.48%, closing at $131.380.
Elon Musk - Tesla!
The United States will release CPI data for June on Thursday 📊 If the data shows progress in slowing inflation, the chances of the Federal Reserve cutting interest rates this year will increase. The FOMC has kept interest rates at 5.3% for a long time, but the U.S. economy has not been affected by high interest rates, and the real economy and labor market remain strong.
As investors, we need to be prepared for the Fed to cut interest rates. It is already clear that interest rates will be cut, but only in a few months this year. Which sector will benefit from the interest rate cut⁉️ Answer: Technology sector!
Stock investors have also witnessed the explosive power of Tesla's stock price 🔥, with the stock price returning nearly 50% in just ten days 🚀
Tesla share price
The power of the technology sector's recovery cannot be ignored. The technology sector is still the favorite of many fund managers.
Investors can plan and prepare ahead of time ✅
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Here are some news articles related to Tesla and technology stocks:
"Bets Against Apple, Nvidia, and Tesla Stock Are Blowing Up" - Short sellers lost billions of dollars in the second quarter betting against popular stocks like Nvidia, Apple, and Tesla. Tesla's stock price has been on the rise, gaining more than 50% in June. Read more
"Bill Gross: Tesla Is Acting Like a Meme Stock" - Investor and fund manager Bill Gross commented that Tesla is "acting like a meme stock" with its price action and sagging fundamentals. Gross also mentioned the presence of other meme stocks in the market. Read more
"Tesla Stock’s Win Streak Hits 9 Days. It Almost Didn’t Happen" - Tesla's stock has been on a nine-day winning streak, but its extreme price fluctuations and analyst price targets make it stand out among other tech stocks. Read more
"Tesla Stock Drops Premarket After Its Win Streak Hits 9 Days" - Tesla's stock dipped in premarket trading following its nine-day winning streak. The article highlights the extreme price targets and fluctuations of Tesla's stock. Read more
Please note that these articles provide different perspectives on Tesla's stock performance and market dynamics. For more relevant information, you can also check the stock quote page for Tesla.