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Kia ora Tiger traders.
Fed Rate Cuts: Impact on Tesla and Market Expectations
Kia ora Tiger traders.
Pre-Market Trading 07/19 05:02:10 EDT
- Price: $249.23 ▲ +0.73 (+0.29%)
- Pre-Market: $247.73 ▼ -1.50 (-0.60%)
Daily Breakdown:
- High: $257.14
- Open: $251.09
- Low: $247.20
- Previous Close: $248.50
- Volume: 110.9M
- Turnover: $27.96B
- Bid: $247.73
- Ask: $247.98
Exciting Highlights:
- Earnings Date: 2024/07/23 (ET) Post Market
- Current Sentiment: Tesla falls over 3%
Key Levels:
- Lower: $133.32
- Mid: $208.91
- Upper: $284.49
Chart Insights:
- Recent High: $414.50
- Support Level: $218.93
- Market Predictions: Analysts are now pricing in 2-3 Fed rate cuts before the end of this year and 4 more cuts in 2025. This has traders buzzing with excitement!
Trending News:
- Global Markets: Europe and Asia are watching closely as the Fed's rate decisions could ripple across global economies. Japan’s ultra-low interest rate policy stands in stark contrast, making it a hot topic among traders.
- Social Media Buzz: Tesla and FedRateCuts are trending, with memes comparing rate cuts to rollercoaster rides and epic movie scenes!
Fun Facts:
1. Historical First: The Federal Reserve’s first-ever interest rate cut was in 1921, during the post-World War I recession.
2. Biggest Cut: The largest single rate cut in recent history occurred in December 2008 during the financial crisis, when the Fed slashed rates by 75 basis points.
3. Longest Hold: The Fed held rates at 0% for seven years, from December 2008 to December 2015, to help the economy recover from the Great Recession.
Historical Data:
1. 1970s Inflation: In the 1970s, the Fed increased interest rates to nearly 20% to combat runaway inflation. This aggressive policy led to the severe recession of the early 1980s.
2. Dot-com Bubble: During the early 2000s, the Fed cut rates from 6.5% to 1% to cushion the economy from the burst of the dot-com bubble and the aftermath of the 9/11 attacks.
3. Financial Crisis: In response to the 2008 financial crisis, the Fed reduced rates to near zero and launched several rounds of quantitative easing to stimulate the economy.
Analyst Quotes:
1. From Jerome Powell: “We are prepared to use our tools to support the economy and ensure that the recovery from the pandemic remains on track.”
2. From Market Analysts: “The market is now pricing in 2-3 Fed rate cuts before the end of the year and 4 more cuts in 2025, signalling a cautious yet optimistic outlook for economic stability.”
3. From Financial Experts: “Lower interest rates typically lead to cheaper borrowing costs, which can boost consumer spending and business investments, driving overall economic growth.”
What to Watch For:
- Investment Opportunities: Lower Fed rates can mean cheaper borrowing costs, potentially boosting Tesla’s market performance. Keep an eye on those earnings reports for a clear picture!
Happy trading ahead! Cheers, BC 🍀
@TigerPM @CaptainTiger @TigerStars @Tiger_comments @TigerWire @Daily_Discussion @MillionaireTiger @Tiger_Earnings
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Note that Tesla has fallen from 1 to 16 in Ark's holdings. At a time 10 % of equity, now 1.5%. Perhaps she thinks it is overvalued.
Thought TSLA would be different from other tech stocks but they all go down deeply