Daily Trade

Tesla (NASDAQ:TSLA) stock is down roughly 38% year-to-date. With interest rate hikes set to continue and the economy seemingly on edge that would seem to imply Tesla share prices ought to fall further, right? I’m not so sure because I see multiple signs that indicate reason for optimism.  Ticker Company Current Price TSLA Tesla, Inc.

Dear Quentin,  My dilemma involves a small inheritance that I have recently received upon my mother’s passing. It’s about $130,000. I need advice about what to do with it.  A little background: My husband has been very diligent about our retirement savings over the years, and although we might not be considered wealthy, we are

Source: Ringo Chiu / Shutterstock.com The last time I wrote about Mullen Automotive (NASDAQ:MULN) in May, I said MULN stock was barely trading over $1 for a reason. The California-based electric vehicle startup had just released a positive update about its ongoing battery testing. I warned investors not to take the bait. Since then, MULN stock is

A week after freezing withdrawals, embattled crypto lending platform Celsius Networks Ltd. said Sunday that that it will “take time” to stabilize its liquidity and operations. Last Sunday, Celsius, one of the largest crypto lending platforms, announced it was “pausing” withdrawals, swaps and transfers “due to extreme market conditions.” In a blog post Sunday, the

Costco (NASDAQ:COST) has been one of the best brick-and-mortar operators over the past two years. The retailer ran its stores impeccably during the pandemic. Amid a period of unprecedented supply chain disruption and labor force uncertainty, Costco has run a tight ship. This has allowed it to post an impressive string of double-digit top-line sales

Is bitcoin BTCUSD, +7.69% facing a breaking point? That’s what some investors, acolytes and otherwise, might be contemplating, as the cryptocurrency’s descent accelerates over the weekend. The world’s No. 1 digital asset was last trading at $18,654, down more than 70% from its peak of around $65,000, with the broader crypto market feeling to some

Inflation, interest rates and recession risk have knocked stocks lower again. Alongside stocks, the crypto and non-fungible token (NFT) markets have cratered, too. Yet this latest market meltdown has only had a moderate impact on GameStop (NYSE:GME) stock. What gives? The long side has seemingly regained the upper hand. They bid up the stock post-earnings,

The U.S. housing sector is losing steam amid rising interest rates, which are spooking some would-be home buyers, according to various reports. The housing sector’s been red-hot for months amid the two-plus years of the COVID-19 pandemic, with soaring prices leading some economists to express their concern about overvalued markets. But with rates rising, the

Tesla (NASDAQ:TSLA) stock is in a bit of a tailspin recently. Since topping $1,200 per share last fall, Tesla shares have fallen to the mid-$600 range per share today. Despite that recent decline, however, the stock has still rallied tremendously over a longer term horizon. As a result, Tesla’s management announced a forthcoming three-for-one stock

Pity those first-time house buyers. On Wednesday, the U.S. Federal Reserve raised the benchmark interest rate by 75 basis points to a 1.5% to 1.75% range, the biggest increase since 1994 as it tries to tame rising inflation, which has reached a 40-year high. Eric Finnigan, a director at John Burns Real Estate Consulting, wrote

When markets staged a late-month rally in May, SoFi Technologies (NASDAQ:SOFI) joined it. SoFi stock stalled at the 50-day moving average. This is a technical resistance where selling pressure ended the attempted breakout. Apple’s (NASDAQ:AAPL) aggressive promotion of Apple Pay last week spooked SoFi investors. The technology giant already offers convenient monthly payment options. Apple

The economy is failing American women. That’s the message multiple speakers conveyed — sometimes through tears — to the House Ways and Means Committee during a hearing Wednesday, decrying what they described as the country’s lack of paid leave, its broken care economy, and rising costs. In his opening statement, Democratic ChairmanRep. Richard Neal said that

So far in June, like most stocks, Occidental Petroleum (NYSE:OXY) has moved lower, even as the price of crude oil remains at elevated levels. Granted, crude oil has pulled back since climbing above $120 per barrel earlier this month, but the double-digit drop in OXY stock appears to be an overreaction to this and to

Since the federal holiday officially known as Juneteenth National Independence Day falls on Sunday, June 19, this year, it will be observed in many places on Monday, June 20. Juneteenth is a holiday that honors the last enslaved Black people learning they were free. As Juneteenth is now a federal holiday, there are several closures

Earnings season is winding down with the majority of companies listed in the S&P 500 index having already reported their financial results. However, their are still a few well-known names left to announce their earnings for the January through March period of this year. The results come amid extremely tough conditions with nearly all major

Dear Quentin, I read a letter from a reader last year who was suffering from crypto FOMO, and I have been following the crypto markets ever since. I felt like I missed the bus on Bitcoin, but now feel like my time has come. Is it time to go big or go home? I have

Airbnb (NASDAQ:ABNB), a leading platform that enables hosts to offer stays and experiences to guests worldwide, has made a 1-month rally of 6.75%. Airbnb has also entered its best period to report strong earnings: the summer. ABNB stock is down 41% in 2022, which brings us to the question of whether the stock is a

A panel of advisers to the Food and Drug Administration on Wednesday gave its endorsement to both the Moderna and Pfizer vaccines for children below the age of five, the last group to be added to the vaccine program. The panel voted 21-0 that the benefits of Moderna’s  MRNA, -8.01%  two-dose vaccine for children between the ages

Soaring inflation, high interest rates and geopolitical tensions continue to drag down the broader market, most particularly growth stocks. Last week’s U.S. inflation data further spooked investors as the Consumer Price Index rose 8.6% year-over-year in May, marking the highest increase since December 1981. Several financial technology (fintech) stocks, which benefited from pandemic tailwinds, are

The crypto market is in chaos.   The latest crisis started Sunday with Celsius, one of the biggest crypto lending platforms, pausing all withdrawals, swaps and transfers between accounts. The company reportedly has hired restructuring attorneys to advise on possible solutions for its mounting financial problems, according to a Tuesday report by the Wall Street Journal.