Thursday, November 11, 2021

These Automotive Stocks Are Rallying as EV Anticipation Grows

 
November 11, 2021
 
Once Traders See This Unique Trading Formula… They'll Be SHOCKED
Chuck Hughes used it to signal gain opportunities on JD stock — even though he was completely wrong about the stock's direction…

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*Disclaimer: The profits and performance shown are not typical, we make no future earnings claims, and you may lose money.
 
Tesla Is Supercharging Legacy Automotive Stocks Amid EV Transition
We've spent a lot of time covering the latest developments in the electric vehicle market over the past few months.

And there's a good reason for it...

While EVs are still a niche industry in 2021, they are undoubtedly the future of the automobile.
Major automakers were resistant at first, but now they're throwing obscene amounts of money into research and development…

And if the latest automotive stock rally is a gauge of the market's appetite for EVs, then buckle up... Because the market's about to go for a ride!

Back in 2019, Volkswagen announced it would only produce EVs by 2026 — a big move in a short amount of time from 2020's largest auto manufacturer.

Researchers at Deloitte expect EV sales to grow from 2.5 million in 2020 to 11.2 million in 2025, an annual growth rate of 29%.

That kind of growth has propelled Tesla into one of the market's biggest companies. And that enthusiasm is starting to spill over to more traditional auto names...
See the Accelerating Gains
 
Markets Moonshot on Strong Jobs Report, Pfizer's COVID-19 Pill
Seems like it's been close to two years since we've heard some genuinely good news, but that's exactly what we got Friday.

Nonfarm payrolls came in at 531,000 — well above market expectations of a 420,000 gain.

The market shouldn't have been surprised, however… The data has been telling us what to expect all along.

So how do we capitalize as this market picks up steam?
I've Got Some Ideas
 
"Hi Roger, I truly appreciate the videos.  They are a calming presence in an otherwise hectic time."

Kevin H.
 The Profit/Loss Ratio acts like a scorecard for an active trader whose primary motive is to maximize trading gains. The profit/loss ratio is the average profit on winning trades divided by the average loss on losing trades over a specified time period.
 
 
 
 
 
Disclaimer:
The material in this document is for informational purposes based on our proprietary research. It is not an offering, specific recommendation, or a solicitation of an offer to buy or sell any securities mentioned or discussed herein.

Any performance results discussed herein represent past performance, are not a guarantee of future performance, and are not indicative of any specific investment.
 
Due to the timing of information presented, any investment performance reflected within this document may be adjusted after the publication and distribution of this material. There can be no assurance that the future performance of any specific investment, investment strategy, or product made reference to directly or indirectly in this communication will be profitable, be equal to any corresponding indicated historical performance levels or be suitable for your portfolio.
Any investment results set forth in this document are not net of expenses and execution costs, nor do they account for other relevant trading or investment fees. Please visit wealthpress.com/terms for our full Terms and Conditions.

 
 
                                                           

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