#26/23 - More Red Ahead And Tesla With HS-pattern And $24...

What this episode covers

All signals indicate a red week ahead, and maybe more so for stocks in the AI hype. Tesla has formed a head and shoulder formation (HS) indication of a minimum $20 drop to $240. If this formation is proven false, the stock will jump quickly to $300, so either way, it will be an exciting week for Tesla shareholders. More economic data and some Q-results this week will give a tell-tell on what the next few months will bring. In this situation, podcast host Jim Stromberg suggests investing in war, oil, and gold. As many countries are now running low on the stockpile of war material, the lights will keep burning 24/7 in war-related factories, which can only translate to solid dividends and strong stock prices. In this week's episode, we will follow the development of the trading bot, and Jim will tell you how to best use the moving average (MA) as a buy and sell indicator: this and much more in this week's episode of Trading Tips With Jim.

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Frequently Asked Questions

How long is this episode of Trading Tips With Jim Stromberg?

This episode is 32 minutes long.

When was this Trading Tips With Jim Stromberg episode published?

This episode was published on June 26, 2023.

What is this episode about?

All signals indicate a red week ahead, and maybe more so for stocks in the AI hype. Tesla has formed a head and shoulder formation (HS) indication of a minimum $20 drop to $240. If this formation is proven false, the stock will jump quickly to $300,...

Can I download this Trading Tips With Jim Stromberg episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.