Tesla Bulls Could Still Get Run Over Despite Model 3 Production Milestone
Tesla bulls need to keep things in perspective in the wake of the company's Model 3 production milestone. Meanwhile, trade war fear has spooked Wall Street.
In order for Musk to truly slay the shorts as he has promised, Tesla must now ramp production of the Model 3 even further. It must also deliver on a host of other promises, too.
Markets Look Terrible
Meanwhile, Trump's trade war with the world has spooked Wall Street. Buyer beware ahead of the July 4 holiday.
A Win for Nike
Lebron James signing with the Lakers is a win for sneaker king Nike (NKE) . While King James is already a household name, his arrival to one of the NBA's most storied teams is likely to only drive more interest in his sneakers. It will also mean a ton of jersey sales -- count me as one that wants James new Nike-made Lakers jersey.
Despite the president's promise of no stimulus until after Nov. 3, there are no signs yet that this is the sort of correlated selling that leads to a deep correction.
Breaking down an approach to the long side of this biotech stock.
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