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Tesla’s Incredible Strength Is Spreading Across the Automotive Sector

Tesla’s Incredible Strength Is Spreading Across the Automotive Sector

The success of electric-vehicle makers like Tesla and Nio is spreading bullishness across the entire automotive sector. The DJ Automobile Manufacturers Index ($DJUSAU) has gained 88 percent in the last three months. That's the biggest gain of more than 150 industry...

Tesla or General Motors? Check Out This Stunning Chart

Tesla or General Motors? Check Out This Stunning Chart

General Motors (GM) exploded higher last week after highlighting electric vehicles and the concept for a flying car. General Motors (GM), weekly chart, with relative strength bars compared with Tesla (TSLA). This chart compares the price action of GM with Tesla...

Stocks Begin New Year on Strong Foot as Global Recovery Takes Hold

Stocks Begin New Year on Strong Foot as Global Recovery Takes Hold

Stocks begin 2021 on a strong note as investors look for the global recovery to accelerate and prepare for a busy month of news and events. The S&P 500 rose 1.4 percent in the holiday-shortened week between Thursday, December 24, and Thursday, December 31. The...

Market Pulse: QQQ Is Making a Comeback as Tesla Keeps Flying

Market Pulse: QQQ Is Making a Comeback as Tesla Keeps Flying

The Nasdaq-100 tracking QQQ has lagged since September, along with FANG stocks. But recent price action may suggest they're coming back to life. The Nasdaq was the only major index to rise yesterday. (The S&P 500, Dow Jones Industrials and Russell 2000 all fell.)...