Is Tesla a Buy after Recent Pullback?
Modern Money Theory is a new heterodox macroeconomic conjecture. The idea that governments no longer need to balance budgets, a nation’s revenue need not be derived from taxation, and where governments can now borrow indefinitely from themselves…
A theory, now widely endorsed amongst academics, supports that economic data is no longer a contributing factor to the stock market…
When there is a dip in the stock market, in-steps the Fed to prop up asset prices through quantitative easing and printing money.
This obviously isn’t sustainable in the long-run, but how can we profit from it in the short-term?
Well, as long as a stock’s pullback is healthy and doesn’t fall off a cliff causing wide spread selling. The dip becomes a viable investment opportunity.
There have been 2 historic stock splits recently. Namely, Apple Inc. (NASDAQ:AAPL) and Tesla Inc (NASDAQ:TSLA). In terms of their stock market price, both companies have seen “buy the rumour, sell the news” action, resulting in a short-term dip.
Watch the full interview to see if we think now is the time to buy for Tesla and other NASDAQ-100 technology stocks.
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