by Jamie Johnson | Oct 3, 2019 | Markets
The company’s third-quarter production and delivery numbers didn’t meet Wall Street’s expectations. This week, Tesla announced that it delivered 97,000 vehicles during the third quarter. These numbers broke down to 79,600 Model 3 cars and 17,400 Model S and X cars. ...
by Dorian Holden | Oct 3, 2019 | Markets
The Dow is now down 1,100 points in three days. At the moment, the Dow Jones is down another 208 points. The NASDAQ is down 52, as the S&P 500 slips another 20 points. With little to get excited about, the Dow could slip another 2,000 points as we...
by Dorian Holden | Oct 3, 2019 | Markets
The trade war is about to intensify. Only this time, it’s happening with the European Union. While we wait for signs of cooling trade war tensions at the U.S. China meeting next week, the U.S. is imposing tariffs on EU goods. In fact, according to the Office of...
by Jamie Johnson | Oct 2, 2019 | Markets
A JP Morgan analyst issued a word of warning about McDonald’s third-quarter earnings. This week, shares of McDonald’s fell slightly after a JP Morgan analyst questioned the company’s pending third-quarter results. Analyst John Ivankoe lowered his guidance for...
by Dorian Holden | Oct 2, 2019 | Markets
Look out below. The Dow Jones just broke below its 50-day moving average, and could easily test its 200-day average at 25,830. Should that fail to hold, the next line of support doesn’t surface until 24,680 – or about 2,000 points than where we are right...
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