Call toll-free 800.328.1267
Everyone knows Tesla (TSLA) has been one of the strongest stocks of 2020. But its gains have slowed in the last two months. It’s now actually lagging General Motors (GM) on a trailing three-month basis.
Two diverging forces are at work. TSLA’s last quarter was decent but investors see risk of a capital raise and less profit from green-energy credits. Meanwhile, GM and Ford Motor (F) are enjoying strong demand for high-margin pickup trucks and SUVs.
This post on TradingView outlines the weakening technicals in TSLA. This one recaps the rebound in GM earnings.
Palantir Technologies has advanced as investors embrace AI and non-government customers embrace its products. Is its current pullback offering an opportunity? The first pattern on today’s chart is the pair of rallies after the last two quarterly reports. Those may...
Downloads are available here. TradeStation’s ideas on TradingView are available here. Register for Market Trends here. Sizing Up the S&P 500 Potential short-term range on S&P 500: 5057: 2/27 low 5127: 3/4 low of 5127 Potential "shooting star" on...
Royal Caribbean Cruises has spent more than two months consolidating, but it may be getting ready to move again. The first pattern on today’s chart is the trendline along the closes of December 28 and January 31. RCL ended yesterday above it, which could make some...