The narrow trading range in stocks continues, and the shallow sideways correction will eventually resolve itself with another upleg. The signs are countless, and the riskier part of the credit market spectrum agrees. As money flows from the Tresury markets, and sizable cash balances are sitting on many a balance sheet, there is plenty of fuel to power the S&P 500 advance.
With volatility in the tame low 20s and the put/call ratio again moving down, the bears‘ prospects are bleak. As I wrote last week, their time is running out, and a new stock market upleg approaches. It‘s the bond market that‘s under pressure, with both investment grade corporate bonds and long-dated Treasuries suffering in the accelerated decline.
Tesla Brings Its Chess Pieces Into Position: EVs, Software and Battery Storage
Tesla is like a chess game and its CEO acts as a smart chess player, who brings its chess pieces - electric vehicles, software, and battery storage - into position.
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Tesla is way ahead of the competition when it comes to electromobility, software, and autonomous driving. But where is the decisive advantage of Elon Musk and his team?
German publication
Torque News looked at that interview and is sharing some interesting thoughts from the interview about Tesla and its positions with our readers.
Der Aktionar, speaking of tons of self-driving cars in California, including robot-cars asks if these trends will only be visible here in 10 or 20 years.