‘sell the rally’. Today’s stock market rally did not last as corporate America reminded us that supply chain troubles persist, and profit forecasts are not providing any reasons to be optimistic. Many traders are still processing what happened yesterday with the Fed and the reality...
A month after closing above $900 a share, Tesla shares collapsed to $351, before rebounding to $819 a share. Today, the stock market capitalization is worth more than the combined market value of: GM, Ford, Fiat Chrysler, Uber, Lyft and Ferrari. Tesla embodies many of the same characteri...