Congratulations are in order for Tesla bulls: The S&P 500 Index Committee announced this week Tesla will be added to the S&P 500 in December. Tesla shares (TSLA) jumped 13% on the news, sending Tesla’s market cap to nearly $420 billion. The Tesla chart is intriguing. If Tesla breaks down from here, it is definitely a sell and could even…

When writing about the GameStop squeeze last week, we compared it to Fight Club on Wall Street, referencing the 1999 movie with Brad Pitt and Ed Norton. On Friday, Jan. 29, the Fight Club aspect of the game spilled over into the real world, as a Redditor purchased space on a digital billboard in New York’s Times Square. The advertisement…

The more we learn about last week’s blow-up of Archegos Capital Management — a family office that behaved far more like a gunslinger hedge fund — the bigger, stranger, and fishier it looks. A number of things about the blow-up don’t make sense — unless you factor in actions and motivations like market manipulation, shady dealing, and possibly even straight-up…

Today, I want to highlight some recent developments in the EV market and offer reasonable expectations for this industry in the years ahead.

There are many potential losers from escalating U.S.-Iran tensions. But a big likely winner is China. The drama unfolding with Iran does at least three big things for China. First, it increases the likelihood a U.S.-China trade deal goes China’s way. Second, it shifts the spotlight away from Hong Kong. And third, it increases the strength of China’s geostrategic position…

Wuhan, China is a city of 11 million people. That makes it bigger than any U.S. city, including New York and Los Angeles. Huanggang, a city of 7.5 million, is just 35 miles from Wuhan, and has more people than all but one metro area in the United States — New York City. China has dozens of cities with gigantic populations….

Last week, the U.S. presidential election consumed the world’s attention. This week, the potential for a game-changing COVID-19 vaccine dominated headlines and market action. But something else shocking happened last week, an event so surprising — and in some ways so ominous — it would have dominated headlines if not for the stiff competition. The Chinese government killed the world’s…

I promised you two more reopening stocks that popped up in our Green Zones. But I have something way more urgent to tell you.

After years of allegedly no inflation, higher prices are making a roaring comeback. But it’s not just because of the lack of computer chips. Global shipping is in complete chaos.

Today, many of us already think of the COVID-19 pandemic as another tragedy that “will live in infamy.” And while the pandemic and Pearl Harbor are very different in many ways, one thing is clear. Historians will look back at both as the beginning of considerable changes to our society and economy.