TESLA..the markets, Federal TAX cuts and DF stock....hi all, As we look into today before the US shuts down for the July 4th holiday we see how TESLA is starting off on the right foot! The Federal Tax cuts is a key to a bullish move for the markets on TESLA cars and savings to help this market move higher. Now looking at the move on the share price and this is helping the Nasdaq! The other markets will follow and like i said July is going to be bullish from last week. See the chart below and the trend is bullish for TESLA....
The Nasdaq and DOW including the S&P have made some nice moves and this chart on TESLA is the start. Seems the Federal Government is doing all it can to help the economy with a $7500 tax credit.
The more TAX credit for other markets besides the Automobile sector the better. Next will be FOOD!!
As for DF stock and the holding this stock has and a mixed bag in all the right sectors we will see a nice pop this week. Again we need to see what the new NAV NET will be to end June. Any target towards $14.60 as management is looking to prop this one higher is bullish.
The chart below to start the 1st week of July can help us hit $4.30 quickly. Remember if you bought in under the $3.80 mark from last week make sure to take profits. Cheers.