Will Tesla Break The S&P500? (Pt 3) – Did The Way It Was Added Help Create A Bubble? |
January 11, 2021 | January 2021 Bond Updates |
On Nov 16, Tesla closed at $408 a share. On Jan 8, Tesla closed at $880, up 116%, an increase of half a trillion dollars in market value. It is a bubble. The huge volume of front-running here – $100-150 Bn – acted as a technical and psychological accelerant. |
View more at: https://www.forbes.com/sites/georgecalhoun/2021/01/10/will-tesla-break-the-sp500-pt-3--did-the-way-it-was-added-help-create-a-bubble/ |
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