Wednesday, December 11, 2024

Trillion Dollar Tesla Keeps Climbing

Never bet against Elon
 
   
     
Wednesday, December 11th
The heights by great men reached and kept were not attained by sudden flight, but they, while their companions slept, were toiling upward in the night. 

-Henry Wadsworth Longfellow
Markets Today
 
 
🌏 Asia-Pacific: Up
 
🇪🇺 Europe: Up

🇺🇸 United States: Up

🛢️ Oil: Up

Crypto: Up
​​​​
______________________________________________________
Major Market Events
 
 
Dealmakers see return of more, bigger megadeals in 2025
 
A cautious Fed on track for one last 2024 cut followed by a 'slowing down' in 2025
 
BofA CEO says business outlook is brighter under Trump, expects surge in banking, trading revenue
🤔 My Thoughts 
 
 
Tesla and Elon Musk simply won’t quit.

Tesla touched an all-time high around $420 today… and isn’t looking to slow down any time soon.

We don’t think this is sustainable forever… but over the last few years there’s been no better way to lose money than betting against Elon… so we would strongly caution you away from that.
To Better Trading,

Alex Reid
Wealthpin
 
WealthPin
   
     
   
 

No comments:

Post a Comment

Barrack back in the fold

Presented by NFIB: Delivered daily, Influence gives you a comprehensive rundown and analysis of all lobby hires and ...