Equities Stall As Tesla (TSLA) Falls | Tom Bowley | Trading Places (11.09.21)

U.S. equities were flat throughout much of the day as Elon Musk announced a plan to sell 10% of his Tesla (TSLA) stake. It was a rare down day for TSLA and that seemed to spill over to the entire market. Tom discussed several key charts and ratios during Blog Highlights and featured a few BIG movers in after hours after quarterly earnings reports were released. He wrapped up the show with the 3 You Must See.

00:00 - Introduction
06:55 - Daily Market Recap
08:59 - Talking Technically: Tesla (TSLA), Advanced Micro Devices (AMD), Xilinx (XLNX)
10:49 - Nvidia (NVDA), Industrials (XLI), Caterpillar (CAT), Vulcan Materials (VMC)
12:46 - WabTech (WAB), Martin Marietta Materials (MLM), FedEx (FDX), Quanta Services (PWR)
14:54 - Blog Highlights: The Importance of Relative Strength
19:45 - Blog Highlights: Small-Caps Break Out
24:18 - Blog Highlights: Three Major Leadership Changes
27:56 - Earnings Spotlight: PayPal (PYPL), Roblox (RBLX), New Relic (NEWR)
28:53 - 3 You Must See: Royal Caribbean (RCL), Avery Dennison (AVY), Enova International (ENVA)

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[gsk]

i thought u have written nice articles. one point was PE of nvda 106. Is PEG shoud be cosidered in analysing the stocks? also how do u account for interest rates?

[gsk]

by the close today, tsla closed around 1121 close to 20 dma. we will lnow tommorrow if it breaks 21