Tesla Moving Up MegaCap Ladder
Alright so today’s numbers showed us a higher than expected Jobless Claims and we suspect we will eventually get a negative NFP in the coming months! We also saw the EU GDP decline for the second quarter in a row and this is a technical recession, so it officially begins there and we are certain the U.S. won’t be far behind.
As far as other market moving notes, we saw Crude Oil whipped around today as talks of Iran sanctions being loosened, but white house denying this and markets rebounded, so a little bit for both sides of the bull/bear camp there.
As far as equities the Nasdaq was on fire today as Tesla continued to shine as a GM partnership for use of Tesla charging stations saw the stock rise 4.5%! It also moved up one more slot in our tracker knocking down the BH behemoth! Here is how the MegaCap Tracker faired today. No change in the options but will let the Current option settle out and put on the 360 variety for next week expiry at tomorrows close:
