đ Tesla Surges By âŚ.. %!
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Good morning!
With Tesla skyrocketing 22% after its stellar earnings, weâre seeing the market shake off its losing streak.
Who knew the earnings season would heat up so fast?
But that's not all! Weâve got the latest scoop on goldâs record-high prices, the dollar's pause, and whispers about a possible ECB rate cut in December.
Itâs a mixed bag out there, and weâre here to unpack it all.
So grab your something, your tea, coffee or pen and get readyâthis week is all about leveling up your trading game!
⥠Stocks Rebound as Tesla Gains 22% and Earnings Season Heats Up
The S&P 500 snapped its losing streak, rising 0.2% as investors digested corporate earnings and economic data. Tesla's strong performance and positive economic indicators also boosted market sentiment.
đ Gold Prices Steady Despite Minor Dip
Despite a slight pullback on Friday, gold remains at a record high. Palladium has also seen moderate gains, while silver and platinum have experienced mixed performance.
đâł Stocks Falter as Yields Retreat, Dollar Pauses
Global markets are in a holding pattern as the U.S. dollar cools down after a strong previous week. Stock markets are mixed, with some regions following Wall Street's gains while others struggle.
đ Is an ECB Rate Cut Coming in December?
The European Central Bank (ECB) faces a tough decision in December: whether to opt for a larger rate cut to stimulate the struggling economy or maintain a gradual approach to combat inflation. What move can we expect?
đ Tesla Soars on Strong Earnings for Best Day Since 2013
Tesla's stock surged over 20% after reporting better-than-expected earnings and providing insights into future growth plans. While the company's robotaxi plans remain shrouded in mystery, Tesla's overall financial performance has boosted investor confidence.
đ Asian Markets Mixed as Japan Nikkei Falls
Asian stocks traded in a mixed fashion last Friday, influenced by a stronger U.S. dollar and the weekend Japanese election. The Nikkei index declined, while mainland Chinese markets rose. What impact can we expect?
đ§ Eurozone Yields Steady Ahead of Key Economic Indicators
European investors are on edge as they await the German Ifo business climate index. The survey is expected to offer a glimpse into the health of Germany's economy, which could impact the broader eurozone outlook.
Hull Moving Average (HMA)
Hull Moving Average (HMA) is a technical analysis indicator that aims to reduce lag and provide smoother signals compared to traditional moving averages like the Simple Moving Average (SMA) and Exponential Moving Average (EMA).
What to Look For:
- Smoother Signals: HMA uses a unique calculation method that involves taking the weighted average of the difference between the SMA and a double-smoothed SMA. This results in smoother signals and reduced lag.
- Trend Identification: Traders often use HMA to identify trends and potential trend reversals.
- Crossovers: Crossovers between the HMA and the price can be used as potential trading signals.
Todayâs recommendation is Cisco System (CSCO).
On the Daily chart, youâll notice the price has moved outside the TAD band, with the RSI crossing down.
This setup signals a short-term trade as the price has broken out of a triangle pattern.
While the long-term trend remains upward, weâre going counter-trend here to capture a quick pullback, which makes the risk-to-reward ratio a bit lower.
Letâs go for a scalping opportunity:
Entry: $55.73
Stop Loss (SL): $57.40
Take Profit (TP): $54
đ Early Start, Early Success!
Many people may have bought into a common belief: the 20s are for fun, and the 30s are the time to âget serious.â
But here's what I've learned: waiting until your 30s or 40s to start your entrepreneurial journey can actually hinder your progress.
You don't want to be old and gray when you finally start your hustle.
Think about itâWhy START during your prime year, your ACTUAL PRIME years when you can be most productive?
Here is why;
When you start early, youâre laying the foundation for resilience and wisdom.
Every gain, every loss, every lesson builds toward future success.
The same goes for trading: starting early, even with small investments or initial mistakes, means you're growing skills, strategy, and discipline that compound over time.
Imagine your future self: will they thank you for hesitating or for the experiences and growth you committed to early?
The momentum you build now doesnât just set you up financially; it sets a mindset that endures.
So donât wait for the âright timeââturn todayâs experience into tomorrowâs edge.
Letâs make each step, each trade, countâyour future self will appreciate the head start!
Youâve pictured it for yearsâfinancial freedom, trading success, the lifestyle you know youâre capable of.
Yet, every time you think of jumping in, something stops you.
A bit of fear, a dash of uncertainty, maybe even doubt creeping in that youâre not "ready."
But hereâs the reality: The best time to start? That was yesterday. The next best time to start is TODAY.
Now, picture thisâa trading strategy that works for you:
- More wins, less risk
- Capital protection
- Simplicity
- Making up 10% daily gains using this well-proven strategy.
Check out the 10% A Day Strategyâthis isnât a quick trick; itâs years of insight distilled into an approach that transforms potential into progress.
If youâre ready to stop dreaming and start acting, click here to see exactly how this approach can work for you.
Tomorrow could look very differentâbut the choice to act?
Thatâs yours today.