Wednesday, August 11, 2021

Biden’s New EV Plan Gives the Green Light to Tesla’s Real Competition

 
August 11, 2021
 
Lance Has a Confession to Make…
While he's helped thousands of people with his trade recommendations, there are some that Future of Wealth Head Trader Lance Ippolito's members can't get in on.

And he feels guilty… but the reality is that price action is volatile.


But he began to wonder if there might be a way to fix that and get traders in on his moves even faster…

And he came up with the Daily Profit Challenge.
Click Here to Learn More
 
2 Staffing Stocks to Target Despite the Bottleneck in Hiring
Private employment only increased by 330,000 jobs in July, down from an initial estimate of roughly 700,000. At least, that's what Wednesday's ADP National Employment Report is telling us.

I know we're all wondering what the heck's up with that.

Well, Nela Richardson, chief economist at ADP, noted that the labor market recovery continues to show "uneven progress," and that bottlenecks in hiring are holding back stronger gains in employment.

Here's the bottom line: There's some low-hanging fruit in the staffing industry.

So it's a good thing I managed to get my hands on two staffing stocks set to gain despite the fall in private jobs.
Don't Miss Out
 
Biden's New EV Plan Gives the Green Light to Tesla's Real Competition
The White House just dropped a bombshell on automakers on Thursday...

The Biden administration announced it's signing a new executive order that will push sales of electric vehicles to 50% of all new vehicles sold by 2030.

On its surface, this might feel like a big win for EV makers like Tesla — after all, it sells over two-thirds of all the EVs in the U.S.

But when you start to dig into the numbers, the EV executive order is more likely the signal that Tesla's real race has just started...
Will Tesla Live up to the Challenge?
 
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Momentum Trading involves a strategy to capitalize on the continuance of an existing trend. It involves going long stocks, futures, or ETFs showing upward-trending prices and short the respective assets with downward-trending prices.



 
 
 
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