Opinions from a stock market trader.
Disclaimer: The contents in this blog are purely for entertainment and educational purposes only. They are not investment advice. Use them at your own risk.
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Monday, November 16, 2020
Tesla Added To S&P 500, NIO Earnings Price Targets, China EV Stocks (XPEV & LI)
Standard & Poor announced after the market close that Tesla stock will be added to the S&P 500, and Tesla stock popped in after hour trading. Tesla's stock price shot up more than 13% and more than $58. Tomorrow after the market close, NIO will report it's earnings, and the market is pricing in NIO stock to move +/- 19%. In this video, we will look at some price scenarios for Tesla stock, NIO stock, and couple other Chinese EV stocks, XPENG (XPEV) and LI Auto.