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Commentary New details about China’s inadequately-regulated gain-of-function virology research, and factual omissions by the Wuhan Institute of Virology, .
Tesla, ARKK, Nasdaq 100 and S&P 500: Varying Stages of the Cycle
2021-05-18 16:00:00
James Stanley,
Senior Strategist
Tesla (TSLA), ARKK, Nasdaq 100 and S&P 500 Talking Points:
Markets move in cycles, and the variance in recent performance amongst the markets noted in this article is compelling.
While the Nasdaq 100 led the charge from last March’s lows, recent performance has seen the S&P with more strength than the tech heavy index. But, similarly, Tesla appears to be even less optimistic and ARKK even carries a bearish backdrop at the moment.
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Markets have a tendency to move in cycles. Sure, the day to day give and take can create impactful moves in price action but, over the long-term, cycles have a penchant to hold as human emotion plays a role in a market’s performance, just like the Fed and interest rates do.
The American Federation of Labor and Congress of Industrial Organizations (AFL-CIO) announced Monday that they have filed a complaint against Tridonex, a Mexican auto parts factory and subsidiary of t.
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