- Investing Journal
- Posts
- 📈 Tesla's GREEN
📈 Tesla's GREEN
Plus: DJI Hits Record High
Good Morning!
We’re kicking things off with the Dow Jones hitting record highs while its peers stumbled. Tesla is riding high, gearing up for a 24% gain this month, with big events just around the corner. Keep your eyes on jobs data and Fed Chair Powell’s remarks this week—they’re likely to stir things up.
Oh, and if you’ve got $50k to invest, we’ve got a hot stock recipe you’ll want to dig into. Plus, Warren Buffett’s golden rule in investing? It’s simpler than you think.
Grab your coffee and let's get into it! ☕️👇️
2 Cards Charging 0% Interest Until 2026
Paying down your credit card balance can be tough with the majority of your payment going to interest. Avoid interest charges for up to 18 months with these cards.
From our partners
Markets
📈 Dow Jones Futures Up After 30-Stock Index Clocks Out of Winning Week with a Record
The Dow Jones was the only one of the major indexes to finish in the green on Friday, scoring a fresh record high of 42,313 points after adding 138 points (0.3%). Solid inflation data sparked this rally, with personal consumption expenditures dropping to 2.2% in August, beating expectations. Meanwhile, the S&P 500 and Nasdaq didn’t fare as well, slipping by 0.1% and 0.4%. With this good news, investors are now banking on another interest rate cut when the Fed meets in November, though nothing’s set in stone just yet.
⚡ Tesla Stock Turns Green for the Year, Set to Exit Month with 24% Gain. What’s Ahead?
Tesla stock jumped 2.5% on Friday, capping off a strong month with a 24% gain so far. Investors are buzzing over upcoming delivery numbers and the highly anticipated robotaxi event on October 10. Plus, China’s big stimulus program is adding fuel to the fire, as Tesla pulls in a third of its revenue from the country. Big week ahead!
👀 Top 5 things to watch in markets in the week ahead
All eyes are on this week’s US jobs report and Fed Chair Jerome Powell’s remarks, as investors look for clues on future rate cuts. Economists expect 144,000 jobs added in October, and any surprises could shift expectations for how the Fed will act. The final quarter kicks off with some market turbulence and eyes on Eurozone inflation and oil prices, which continue to fluctuate amid China’s stimulus and OPEC+ moves.
🤑 The Best Stocks to Invest $50,000 in Right Now
This investor is cooking up a solid portfolio, starting with Walmart—allocating 40% to the retail giant for its steady e-commerce growth. Next, they add some spice with a 10% stake in Duolingo, betting on the language-learning app’s strong user growth. Finally, they go big, putting 50% into Microsoft, confident in its leadership and AI potential. This blend is designed to give investors a well-balanced, growth-oriented portfolio!
🤔 Here’s what Warren Buffett says is the number 1 rule in investing
Warren Buffett's top investing rule is surprisingly simple: "Don’t lose money." It might sound strange since even Buffett has taken hits, like his loss on Tesco shares. But his point is all about risk management. Avoiding big losses is key because a 50% drop in stock means you need a 100% gain just to break even. Diversification and smart valuations are two strategies he recommends to help minimize those losses!
🚀 XRP leads crypto weekend gains fueled by surging open interest
XRP jumped 5% to $0.6278 on Sept. 29, continuing its recovery since Sept. 6, with the remittance token up over 10% in the last 30 days. This surge, fueled by rising open interest, saw XRP climb from a low of $0.5027 to an intraday high of $0.6335. It’s now one of the top-3 gainers among the top 100 cryptos!
Nvidia CEO: Greatness does not come out of intelligence, it comes from character.
Character is not formed out of smart people: it is formed out of people who have suffered.
— Vala Afshar (@ValaAfshar)
5:11 PM • Sep 28, 2024
Our Recommendations:
💻️ MEXC - Where we find and trade Crypto with low fees.
📈 TradingView - Software we use to chart stocks.
🔐 Trezor - Our favorite hardware wallet to keep our Crypto secure.
🦑 Kraken - Where we buy crypto with cash / withdraw profit to our bank.
Thanks for reading, if you enjoyed, tell your friends!
P.S: If you're interested in gaming - check out our other newsletter!
|
Share The Investing Journal with your friends to receive rewards!
👀