The Gold Report:Tesla Motors Inc. (TSLA:NASDAQ) is planning to build a $5-billion "Gigafactory" in the southwestern U.S. that would produce batteries for its high-end electric cars. You seem excited about it. Tell investors why they should be.
Simon Moores: This one plant would essentially double the world's output of electric vehicle (EV) batteries. That's 500,000 batteries a year at capacity. The idea is to drive down the cost of EV batteries by 30% or more. Tesla is focusing on the supply chain to build the lowest-cost batteries possible. If it can make the cost of its cars much cheaper, it should spark mass uptake of electric vehicles. It's a plan to turn the world electric, in a sense, and Tesla begins in 2017 with the Gigafactory and the launch of its third generation and first mass-market model.
Hello traders everywhere! Adam Hewison here, President of INO.com and co-creator of MarketClub, with your video update for Tuesday, the 11th of February.
What are they and why do they matter? Oftentimes bull and bear markets come to an end on a Tuesday, why is that? It all has to do with momentum. Typically a market builds up momentum over the weekend and that enthusiasm tends to carry over into Monday and early Tuesday trading. This is the same momentum rule I use for the "52-Week New Highs on a Friday" trading strategy.
Today, I'm putting Apple under the microscope and looking at the various scenarios I can see playing out for this stock. As many of you know, I'm a very big Apple fan and I love Apple products. However, there are times when I don't share the same feelings for the stock of Apple.
Hello traders everywhere! Adam Hewison here, President of INO.com and Co-creator of MarketClub, with your mid-day market update for Friday, the 8th of
The Beat Goes On, Or Does It?
As the indices make new highs, interest rates have turned and are once again beginning to creep up. It certainly appears to be a strong indication that interest rates have indeed bottomed out. If interest rates continue to improve, meaning high yields for investors, I see this as a potential negative for the market in 2014.
Next year is going to be a dramatic year in the markets in my opinion, as we have a new Fed chairperson, rumored to be Janet Yellen, taking over from helicopter Ben. Ms. Yellen is going to have her work cut out for her trying to clean up the 4-year mess that she is inheriting. Whatever course of action Ms. Yellen embarks on will certainly have major ramifications for the markets, not just here in the United States, but also around the globe. Continue reading "Are Interest Rates Going To Kill This Bull Market?"→