TSLA's streak is OVER on earnings

And SpaceX partners with... a toy company?!? ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ That was quick. It's suddenly looking like the bear market is over. Jason Goepfert, chief research analyst and founder of SentimenTrader, posted in a Twitter thread that: "In modern markets, the S&P 500 has never lost ground over the following year when advancing volume was 87% or more of total volume for 2 out of 3 days coming off a 52-week low." "It has a perfect record," he said... though he noted to "beware of anything that seems 'perfect." Nothing is certain when it comes to markets, but it does appear we are in a full-fledged recovery. Gas prices are falling fast, tech companies are staging a comeback, and clean energy companies have hope for more government aid. Semiconductor companies may also be the beneficiaries of government largesse. Yet there are some troubling signs when it comes to the long-term fundamentals. Food prices continue to increase. President Joe Biden hit a new low in opinion polls. About 85% of the American people think the country is heading in the wrong direction. And let's not forget the hiring freeze many tech companies have implemented. All this is even before we get into international politics, where it looks like the conflict in Ukraine is about to be taken to the next level. Here's the thing though - doomsayers may be proven right eventually, but on a long enough timeline, it becomes meaningless. This is why I was pushing back so forcefully on the "[China is in collapse]( meme. The rules haven't changed when it comes to trading. The technical patterns remain effective regardless of the overall market condition... and we're looking to secure gains in the here and now, not worrying about the economy two decades from now. When you see the market surging like this, don't question it. Take advantage of it. The same holds true for any other circumstances. Keep Moving, Any strategy that makes you money consistently is worthwhile. Though many new traders believe that trading is primarily about indicators and tools, Chris maintains that it is at least 95% about emotional control. This is especially relevant in this bearish, choppy market which has made the trading world extremely difficult. Learn some pro tips to come back from your losses and stay in the game. [CLICK HERE TO WATCH]( WORD ON THE STREET Biden's Cancer Gaffe, Semiconductor Support, Mortgage Demand Down - What's In A Verb? – During a speech about climate change, President Joe Biden seemed to suggest that he is suffering from cancer. He pointed to emissions from oil refineries as "why I and so damn many other people I grew up with have cancer and why for the longest time Delaware had the highest cancer rate in the nation." The White House clarified his remarks, explaining that President Biden was referring to his past, successful treatment for skin cancer lesions. - Senate Boosts Subsidies For Semiconductors – A bill that would provide about $50 billion in support for American computer chip manufacturing cleared a procuedural hurdle on a 64-34 vote. A final vote could come as early as this week or next week. While the bill has bipartisan support, it still would need to clear the House. Did I mention Speaker Pelosi's husband just bought a ton of NVDA... - Don't You People Have HOMES?!? – Well, no. Even as rents increase, demand for mortgages is falling as interest rates increase. Last week, mortgage demand fell by more than 6%, the lowest level since 2000. Compared to the same week in 2021, applications are down by close to 20%. - An Emergency But Not An Emergency - Though the story was largely buried because of the president's verbal misstep, President Biden announced several new actions that he will launch through the executive branch to combat climate change, including ordering the Department of the Interior to boost offshore wind power in the Gulf of Mexico. The president said the climate situation is an "emergency," but stopped short of formally declaring a state of emergency that would allow him to justify greater powers. This “tool” earned over $400k in 12 months. Video uncovers the winning tactics that handed one trader an average $7,300 in profit every week using just shy of $12,000 in capital. [Watch The Official Replay Right Now — Click Here]( HOT SPOTS: What's Going on in Geopolitics - Russia Warns Of Wider War – Russian Foreign Minister Sergei Lavrov said that Russia's goals in Ukraine now extend beyond "liberating" the Luhansk and Donetsk People's Republics in the east. "Now the geography is different, it's far from being just the DPR and LPR, its also Kherson and Zaporizhzhia regions and a number of other territories," he said. "This process is continuing logically and persistently," he added, suggesting that Russia might have even larger ambitions. - EU Calls For Cuts On Natural Gas Consumption – Facing a possible cutoff from Russia, the European Union is now suggesting that the bloc cut natural gas consumption by 15% over the next eight months. "The European Union faces the risk of further gas-supply cuts from Russia due to the Kremlin's weaponization of gas exports," said the European Commission. "Taking action now can reduce both the risk and the costs for Europe in case of further or full disruption."  - Chinese Spent Over $6 Trillion On American Real Estate Last Year - Chinese investors were the most active foreign buyers of American real estate last year, even outpacing Canadians. According to the National Association of Realtors, those from China, Taiwan and Hong Kong spent $6.1 trillion on American real estate, with an average of $1 million per transaction. CUTTING EDGE: What[']( Happening In Tech - Tesla Meets Expectations, Sells Bitcoin - TSLA rose modestly in after-hours trading after it met analysts' estimates on earnings. The company also sold about 75% of its BTC holdings, providing about $963 million in cash. However, TSLA's streak of reporting record earnings has now ended, with the production shutdown in Shanghai earlier this year being especially damaging. - Seelos Doses Patient In Multiplatform Trial – Seelos Therapeutics (SEEL) has dosed the first patient with its treatment SLS-005 for the treatment of ALS, or Lou Gehrig's Disease. The HEALEY Platform trial is unique because it is testing multiple possible therapies at once, with results expected in mid-2023. - Latest Crossover Event Just Dropped – SpaceX has made a powerful new partnership with... Mattel Inc. (MAT). The toy company will release a line of SpaceX toys under its "Matchbox" line of die-cast cars. "We look forward to working with Mattel to help inspire the next generation of space explorers and enthusiasts," said Brian Bjelde, SpaceX's vice president. Child's Play FOR YOUR CONSIDERATION "Momentum stocks are wonderful when they have… momentum. But if you miss out on the initial run, you can use specific strategies and setups to avoid the FOMO." "Personally, I like the mathematical approach of Fibonacci…" The market is making a comeback, but that's no excuse for rash actions. Corey breaks down the technical signals on a developing trade... and shows you exactly what to look for before you pull the trigger. [THIS ONE NEEDS TO MARINATE]( Enjoying Dawn Report? Learn something, made some money? SHARE YOUR STORY WITH US OR TELL US HOW TO SERVE YOU BETTER. Let us know at info@rogueinvesting.com You’re receiving this email because you're signed up for alerts from Dawn Report. Make sure to keep them coming by [whitelisting Rogue Investing](. Copyright © 2022 Rogue Investing. All Rights Reserved. There is a very high degree of risk involved in trading. Past results are not indicative of future returns. Rogue Investing.com and all individuals affiliated with this site assume no responsibilities for your trading and investment results. 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