Tag: President Biden

  • Tesla Stock Could Race to $300 this Month

    Tesla Stock Could Race to $300 this Month

    Tesla (TSLA) could accelerate to higher highs. Last trading at $279.02, we’d like to see it closer to $300 this month. All thanks to strong demand for electric vehicles, and after its key numbers crushed expectations. Just last week, the company said it delivered 466,140 vehicles in the second quarter. In the first quarter, it…

  • Here’s What’s in the Proposed Debt Ceiling Deal

    Here’s What’s in the Proposed Debt Ceiling Deal

    It looks like we may be closer to a debt deal. Over the weekend, President Biden and House Speaker McCarthy reached a tentative agreement. While details are still emerging, we know there could be new limits on government spending and some cuts in red tape with energy projects. When it comes to spending, the two…

  • Cannabis Stocks Could See Higher Highs in New Year 2023

    Cannabis Stocks Could See Higher Highs in New Year 2023

    Cannabis stocks could see higher highs with midterms. For one, Arkansas, Maryland, Missouri, North Dakota, and South Dakota are voting on legalization in the midterms. Two, the Biden Administration has asked for a reevaluation of cannabis’ legal classification. In fact, according to FiveThirtyEight’s Lester Black: Biden “is now asking his own administration to start the…

  • This is Why Chip Stocks are Taking a Hit Again

    This is Why Chip Stocks are Taking a Hit Again

    Chip stocks can’t catch a break. Weeks ago, we said you may want to ignore them after Apple said it would scrap plans to increase production of its iPhones thanks to weaker than expected demand.” “Apple has told suppliers to pull back from efforts to boost production of the iPhone models by as many as…