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Tesla's run continues, up 11% today. S&P stayed above the VWAP up until the end

Tesla's run continues, up 11% today. S&P stayed above the VWAP up until the end
Photo by Andy Hermawan / Unsplash

A nice way to end the week guys, do you agree?

  • Markets finished green after the bell
  • Tech-heavy Nasdaq is up shy of 5 points to a percent
  • S&P500 up a quarter percent

Tesla bulls continue to dominate today bringing the stock higher to close at $177.9 (11%).  Lucid and Rivian doing donuts at the parking lot with 43% and 8.3% gains, respectively, today.

Intel suffered almost 6 and half percent today after a bad, bad, bad earnings call yesterday.  Could have been worst.

Consumer Discretionary at the pole with a wide margin, up a little over 2 and quarter percent; while energy is weeping at the very tail end, down  almost 2 percent.

Bitcoin currently at 23,128.77.

What an amazing week, hope you all have a great weekend.  

You only lose if you don't have your stop loss. Cheers Traders!

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Disclaimer

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.