When is Google's stock split? Alphabet, the parent company of Google, will make the 1:20 split on July 15…
Tesla: up 20% in one day - as usual
After enjoying the highs of $900 just a couple of months ago, Tesla stock lost more than 30% of the value. A few days ago, it plunged to $550. However, on Tuesday, it gained back almost 20% rising to $670. That's why we like Tesla, don't we? Double-digit growth in one day after a two-month depression.
No direct factors are mentioned in the review. A "buy" recommendation from one of the renowned stock observers (Pierre Ferragu), crypto rally, tech sector bullish bounces, and probably other factors unknown to us - all contributed to this spectacular rise.
- Watch how the stock price behaves as it comes to $700. There is a possibility that it bounces downwards from $700-720 to 200-MA.
- Wait for a local correction using the signs on the lower timeframes, buy, and aim at a mid-term target of $800 and above.
The bullish movement in the stock market is gaining speed, and Bitcoin ETFs are closer than they might seem. What do we need to know for the next trading week?
On Wednesday, September 22, Microsoft will be holding a product launch. The event starts at 18:00 GTM + 3.
This week may be the most important since the year started as the Fed assess the economic outlook and the US presents fresh NFP readings.
S&P Global, a private banking company, will release a monthly change in British Flash Manufacturing Purchasing Managers Index (PMI) on January 24, 11:30 GMT+2. The index is a leading indicator of economic health as businesses react quickly to market conditions, and purchasing managers hold the most current and relevant insight into the company's view of the economy.
The United States Bureau of Labor Statistics will publish the US Consumer Price Index (CPI) m/m on January 12 at 15:30 GMT+2. The index measures a change in the price of goods and services purchased by consumers.