The equity markets had a bit of a tizzy last week. The damage wasn’t too serious, since the major indices are still within 2% of the all-time highs. However Tesla (NASDAQ:TSLA) had an OK week overall. Yes, TSLA stock 2.5% on Friday but it was only to retest the breakout from three days before that.
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Market sentiment definitely suffered a blow and that is really what matters most. Reality is not what drives stock price is in the short term. How people feel about things is a powerful motivator. Sentiment has soured and....More>>>