The major indices have all rallied on news that there may be progress on Chinese trade talks and that there appears to be a tentative agreement that would prevent another government shutdown (as I type). Tread cautiously. We’ve been here before, which is why I want to talk for a few minutes about the best move you can make…
Opinions on Tesla Inc. (NasdaqGS:TSLA) are like bellybuttons in that everybody has one.
Proponents think the company’s stock will go to the moon. Detractors think it’ll crumble like a stale cookie.
I don’t know and, frankly, don’t care.
But ask who’s going to make a pile of money?
You’ve probably heard the news.
…Stocks rally with shutdown-averting deal in reach ~ Bloomberg
…Dow jumps on tentative deal to avoid government shutdown ~ CNBC
…Stocks Surge on US-China Trade Talks, tentative budget deal ~ Fox Business
It doesn’t say “For Now” at the end.
We’ve been here before so many times that the premise is almost laughable. Today’s politicians are interested in only one thing … getting re-elected.