Bring on that Trump versus the Federal Reserve battle.
Here’s what ‘Morning Jolt’ has for you on Tuesday.
Tesla Rally
Tesla’s TSLA stock rallied into the close on Tuesday on a WSJ story that hinted the company’s cash position is in OK shape this quarter. But, investors should continue to watch Tesla’s bonds — they remain under pressure.
Will Trump Influence the Fed?
The short answer: no. Trump’s attacks on the Federal Reserve are likely to rally the troops internally. That means a continued data dependent approach to interest rate decisions.
Nvidia Obsession
Nice rally in Action Alerts PLUS holding Nvidia NVDA following CEO Jensen Huang’s new gaming chip reveal on Monday. With Huang expected to hit the road to hype the new products in coming weeks, Nvidia bulls should be excited after a mixed second quarter.
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