Elon Musk-led publicly traded corporations, Tesla (NASDAQ:TSLA) and Space Exploration Technologies (NASDAQ:SPCX), remain volatile. In the days following the U.S. midterm election, they shed a combined $420 billion in market value. Both companies recovered most of these losses and are now back around their pre-election levels, but this recent episode highlighted the extent to which Tesla and SpaceX are exposed to political risk. It’s worth digging deeper into it and discussing the potential implications for investors considering either stock.
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Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
