Monday, April 29, 2024

A Canary in the Markets, and Tesla's Big Surprise

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Monday Takeaways: A Canary in the Markets, and Tesla's Big Surprise

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Shah Gilani

Shah Gilani
Chief Investment Strategist

Surprise!

Tesla's back, baby.

Or is it?

The markets cheered Elon Musk's surprise visit to China and the news that Tesla will partner with Baidu (China's Google) on autonomous driving software.

The stock has soared today as a result.

But does that mean the Magnificent Seven should welcome the company back into the fold?

You can check out my take in your latest Monday Takeaways video.

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CHATGPT PREDICTS...

  • Speculative bankruptcy rate of large tech companies: 75%
  • Speculative bankruptcy rate of large healthcare companies: 59%
  • Speculative bankruptcy rate of large financial companies: 69%

3 MONTHS UNTIL THE SINGULARITY

Buy This "AI Safety Stock"

 

Plus, it's a busy week for earnings AND economic data. And there's one crucial piece of data I'll be watching. It will tell us a lot about inflation and future rate cuts.

And reports from the Treasury this week could make or break a market rally.

See what will move markets - and your portfolio - this week in today's video.

Click here or on the image below to watch it.

Video - Monday Takeaways
 
WATCH THE VIDEO
(WITH TRANSCRIPT)

Cheers,

Shah

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