From
markaylatimertrades.com
Email Address
support@go.markaylatimertrades.com
Sent On
Thu, Jun 2, 2022 10:00 PM
Email Preheader Text
You need to keep an eye on these… To view this email as a web page, go Hey There! If you weren?
HTML
You need to keep an eye on these⦠To view this email as a web page, go [here.]( Hey There! If you weren’t watching, the Market on Wednesday the Electric Vehicle (EV) stocks saw a lot of bullish volume pour into them. TSLA, NIO, NKLA were all way up. These stocks saw incredible growth from spring of 2020 until the market turned at the beginning of the year. I think a lot of traders who bought in late to try and jump on the “market fad” have been washed out over the past few months. If you look at the institutional ownership numbers,most of the big investors held strong and even added to their positions. They don’t believe that the EV market is dying down, just that the hype has worn off. A lot of traders are looking at the smaller EV companies and trying to guess the next TSLA. But sometimes it’s easier to look in the same “boring” places. Ford (F) had its earnings a couple weeks ago, and showed that their sales had slowed down. But… Today Ford announced that they will be investing $3.7B into expanding the production of their EV/Gas Powered vehicles.
That news gave a boost to the whole sector! This announcement was made following the news that although their sales in May were down 4.9% from a year ago, they believe that the avg EV companies sales are down about 30%. Not only does that show their health in that space, but it means that they gained market share. You may not see some of the wild swings that other EV stocks will experience if the trend continues, but if slow and steady wins the race, this could be a nice option to keep an eye on! The technical setup is starting to look good too If you want my best trade idea for the month, [Click Here]( The monthly newsletter with my favorite trade idea comes out this week!
Happy Trading! Markay Latimer [Manage Your Email Preferences]( [Unsubscribe]( This email was sent by: InvestPub
495 Town Plaza Avenue Ponte Vedra Beach, FL, 32081, US [Update Profile](
We respect your right to privacy. [View our policy.]( Markay Latimer and InvestPub do not provide investment advice. Trading involves a substantial risk of loss and is not suitable for all investors. Many traders fail and you should not trade with money you cannot afford to lose. If you need personal financial advice, consult a financial advisor.
EDM Keywords (68)
year
worn
wednesday
way
watching
washed
want
view
trying
try
traders
trade
think
suitable
stocks
starting
spring
space
sometimes
slowed
slow
showed
show
sent
see
sales
right
respect
race
production
positions
past
news
need
months
money
means
may
market
lot
loss
lose
looking
look
late
keep
jump
investpub
hype
hey
heating
health
guess
eye
experience
expanding
email
easier
earnings
dying
could
bought
boost
believe
beginning
announcement
although
30
2020