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Tesla Up 50% In A Month: Is The Stock Set Up For A Short Trade?
Wednesday, November 3, 2021 - 12:30pm | 443Tesla Inc (NASDAQ: TSLA) is now up a whopping 52% in the past month, adding about $400 billion to its market cap. The extreme move comes after a $4.2 billion deal to sell 1,000 Model 3’s to Hertz Global Holdings Inc (OTC: HTZZ). Tesla’s Big Move: Tesla CEO Elon Musk is seemingly...
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4 Ways Hertz Is Creating Value For Tesla
Wednesday, October 27, 2021 - 5:46pm | 603Tesla Inc (NASDAQ: TSLA) shares rallied once again on Wednesday after ridesharing giant Uber Technologies Inc (NYSE: UBER) announced a new partnership with Hertz Global Holdings Inc (OTC: HTZZ) to offer 50,000 Tesla rentals to U.S. drivers. The latest Uber news is one of several ways Tesla’s...
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Ride The Rally Or Sell The Rip? Experts React To Stock Market's Post-Fed Gains
Thursday, September 23, 2021 - 3:27pm | 566The SPDR S&P 500 ETF Trust (NYSE: SPY) has rallied 2.4% in the last two days after the Federal reserve said on Wednesday that it could begin tapering its $128 billion in monthly asset purchases “soon.” The Fed’s commentary suggests the U.S. economy is now on strong enough...
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Why An S&P 500 Buyback Boom Could Be Just Around The Corner
Tuesday, August 3, 2021 - 3:25pm | 463Analysts are expecting S&P 500 earnings to surge 40.7% in 2021 off of extremely easy pandemic comps. On Tuesday, DataTrek Research co-founder Nicholas Colas said one of the impacts of that burst of earnings growth will likely be a huge increase in S&P 500 share buybacks. The Numbers: Prior...
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Bond Market Pricing In At Least One Interest Rate Hike In 2022
Monday, July 19, 2021 - 3:45pm | 545One of the biggest fears among investors so far in 2021 has been that higher-than-expected inflation could prompt the Federal Reserve to act sooner and more aggressively with tightening measures, including potential interest rate hikes. In the past month, bond market investors have grown less...
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3 Digital Currency Challenges Faced By Central Banks, Traditional Banks
Saturday, July 17, 2021 - 11:15am | 601The rise in popularity of Bitcoin (CRYPTO: BTC) and other cryptocurrencies has put pressure on the U.S. Federal Reserve and other central banks around the world to create their own central bank digital currencies, or CBDCs. The transition of money to the digital world may not be an easy one for...
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'Bad Omen' For Meme Stocks And The Retail Trading Boom? Here's What The Data Says
Friday, July 16, 2021 - 4:45pm | 695Social media meme stocks GameStop Corp. (NYSE: GME) and AMC Entertainment Holdings Inc (NYSE: AMC) took a beating this week, with GameStop on track to finish the week down 9% and AMC set to lose 20.9% in Friday afternoon trading. DataTrek Research co-founder Nicholas Colas said this week there...
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2 Reasons To Stay Overweight On The Financial Sector
Thursday, June 10, 2021 - 4:20pm | 476Despite historically low-interest rates weighing on bank earnings, the Financial Select Sector SPDR Fund (NYSE: XLF) is up 27.5% in 2021, more than double the return of the SPDR S&P 500 ETF Trust (NYSE: SPY). Earnings Expectations: On Thursday, DataTrek Research co-founder Nicholas Colas said...
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2 Reasons Why Tesla Has Become An EV Stock Laggard
Tuesday, June 8, 2021 - 11:29am | 630For years, Tesla Inc (NASDAQ: TSLA) was the top electric vehicle investment to own in the market, generating huge returns and leaving legacy auto stocks in the dust. Yet DataTrek Research co-founder Nicholas Colas said Tuesday that there has been a clear shift in investor sentiment toward Tesla...
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Bitcoin Bottom? Why It's 'Still Too Early' To Buy The Dip
Tuesday, May 25, 2021 - 3:23pm | 453The price of Bitcoin (CRYPTO: $BTC) traded back up to above $38,000 on Tuesday, but it remains down more than 41% from its all-time high of $64,789 in April. Bitcoin bulls are urging investors to buy the dip in the popular cryptocurrency, but DataTrek Research co-founder Nicholas Colas said Tuesday...
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Why Tesla's Stock Is 'Stuck' Until One Of These Two Things Happens
Thursday, April 29, 2021 - 1:41pm | 574Back in February, DataTrek Research co-founder Nicholas Colas examined Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s decision to invest $1.5 billion of Tesla’s cash in Bitcoin (CRYPTO: BTC). This week, Colas revisited Tesla’s current situation and said the stock may be “stuck...
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5 Things That Could Derail The Stock Market In 2021
Thursday, April 8, 2021 - 11:56am | 688The SPDR S&P 500 ETF Trust (NYSE: SPY) once again traded higher to new all-time highs on Thursday as optimism surrounding a sharp economic rebound in 2021 continues to grow. At first glance, the vaccine rollout, unprecedented government stimulus and the possibility of pent-up economic demand...
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Why There Could Be More Recovery Upside To Oil Prices Than Stock Prices
Thursday, April 1, 2021 - 2:20pm | 503The SPDR S&P 500 ETF Trust (NYSE: SPY) has been red-hot in the past year, and alternative energy stocks have been among the top performers. DataTrek Research co-founder Nicholas Colas said Thursday investors shouldn’t be too quick to write off oil, and there’s evidence to suggest...
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Survey Finds 72% Of Investors Believe Bitcoin Experiencing Another Bubble
Monday, March 1, 2021 - 2:25pm | 570Bitcoin (CRYPTO:BTC) prices were up 10.5% over the past 24 hours on Monday morning to above $48,000, but they remain well below their all-time high of $58,313. Bitcoin prices are now up 475% in the past year, and a new survey by DataTrek Research suggests investors think 2021 could be a sequel to...
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When You Buy A Stock, Here's How Much Cash The Company Actually Receives
Sunday, February 28, 2021 - 2:02pm | 939When you buy $1,000 of a company’s stock in your Robinhood account, how much of that cash goes directly to help fund the company and its business operations? The answer is $0. Where Your Cash Goes: The issue of buying shares of stock to help “save” struggling companies like...