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TSLA Rallies With Trump Victory
Elon Musk has played an important role in supporting Trump during the 2024 US presidential elections. Trump’s victory is also benefitting stocks and cryptos associated with Elon. TSLA has experienced a strong rally during overnight trading, rising from $250 per share to as high as $289 per share. More importantly, TSLA has formed a bullish […]Read More
GOLD and GDX Selloff with Trump’s Victory
GOLD has started to selloff with Trump’s US election victory. The narrative is that Trump will reduce inflation, which is likely to hurt the price of commodities like GOLD and SLV. Prior to Trump’s victory GOLD has been trading in a strong uptrend within the yellow channel. Today GOLD has broken below that channel and […]Read More
NVAX Refunds $123.8 Million Deal
Yesterday NVAX received bad news that is hurting the stock price. The news is that NVAX has entered into a termination and settlement agreement with the UK Health Security Agency (UKHSA) related to its COVID-19 vaccine supply agreement. Novavax has agreed to refund $123.8 million to the UK Health Agency in equal quarterly installments of […]Read More