Goooo Walmart! Tesla gave me back some of the losses I took earlier in the week. anyone cash in on todays blowout rally? I hope you all killed it. +1200 points
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Edited: Nov 10, 2022
HUUUGE Stock Market Rally 11/10
HUUUGE Stock Market Rally 11/10
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I know this is a late response to your post but it’s looking more and more like the S&P found a bottom in early October around the 3600 level. That area had been tested a number of times going back to summer always within a 2 to 3% range on a closing basis.
What’s interesting is that closing low in October came on reduced selling pressure a big positive and sentiment had reached its highest level of bearishness another good sign.
Right now the S&P futures are showing 4042 at the open so we will see how this plays out but I know that mid term election years have really set the stage for some powerful rallies following a steep correction.
Tesla? Hope that works out for you it’s a great company and if you bought it early you’re really smiling. I’ve had Exxon for a couple years now, it’s doing well and XLE too. I like to trade VTI it’s liquid, easy and owning the whole market just seems appealing.