By Swati Pandey (Adds Chinese trade data in paragraph 8; updates levels throughout) * Asian stock markets : tmsnrt.rs/2zpUAr4 * Japans Nikkei falls, Chinese shares in red * MSCI ex-Japan barely c…
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Month: September 2020
Tesla’s stock price is the ‘biggest houses of cards’ that is ‘getting ready to fold’ an investment research CEO warns
Win McNamee/Getty Images Summary List Placement Tesla’s stock is overvalued, David Trainer the CEO of New Constructs told CNBC’s “Trading Nation” Monday. He said: “We think this is…
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Wall Street is walking away from traditional automakers in favor of untested electric car startups
Like legendary comedian Rodney Dangerfield, traditional automakers such as General Motors and Ford “don’t get no respect.” Not from Wall Street, anyway. Take GM, which has seen its stock price slide…
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Honoring Labor
Something that bugs me about our tax code in the US is that we tax labor more than capital. If you make $100,000 of gains on your purchase of Tesla stock you pay 15% of those gains to the IRS. But …
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3 Stocks to Avoid This Week
I took a look at three stocks to avoid last week, and I fell short. Just one of the three stocks moved higher, but it came through with a 10% surge to offset declines elsewhere. The three stocks I su…
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