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Archive for November 30th, 2022

Posted by Martin November 30, 2022

11.29.22 – TUESDAY MARKET OUTLOOK

  The markets continued melting down mainly on China news about the Covid lockdowns and unrests that may impact companies like Apple negatively. But I think there is still a year-end rally ready, and I expect a 5% rally in December. Eventually, China will have to reopen and stimulate the fading economy. Many investors make Continue reading →

Posted by Martin November 30, 2022

Technical view: Tesla (TSLA)

  TSLA is in stage #4 of the trend. It broke lower again although it bounced, and it is now attempting to go higher. However, even with this bounce, there is no trend changer at all. The stock is clearly in a full bearish trend. The weekly chart shows it in a better and straight Continue reading →