US equity funds have seen inflows of $139.50 billion since Mr. Trump's victory on November 5, according to EPFR, the data provider. The buying spree made November the busiest month for inflows since 2000. The influx of new money helped propel major U.S. stock indexes to record highs, as traders shrugged off concerns that policy proposals such as a broad increase in tariffs could drive up inflation and threaten the Federal Reserve's plans for further rate cuts. Dirk - Managing Director of fund ma...
Tesla Inc (TSLA. O) has rallied 39 percent since Trump's election victory on Nov. 5, adding more than $300 billion to its market capitalization. On Monday, Tesla jumped as much as 12 percent. Market professionals point out that Tesla is a classic "momentum" stock whose gains and losses snowball quickly when investor sentiment turns sharply in either direction. Steve Sosnick, chief strategist at Interactive Brokers, said: "The rebound we're seeing is close to a ridiculous pattern."
Tesla (TSLA. O) has rallied 39 per cent since Mr. Trump's election victory on November 5, adding more than $300 billion to its market capitalisation. It jumped as much as 12 per cent on Monday. Market professionals point out that Tesla is a classic "momentum" stock, with gains and losses quickly snowballing when investor sentiment turns sharply in either direction. "The rally we're seeing is close to absurd mode," said Steve Sosnik, chief strategist at Interactive Brokers. Options trading...