Power Trends+: Data Shows This Worst Performer Could Be a Buying Opportunity

Watch now…

There’s a lot going on in the market, and it’s not just A.I. stocks – like Nvidia (NVDA) and Super Micro Computer (SMCI) – in the news right now.

Tesla (TSLA) is also making headlines, but not for something good. The company that once represented the future of cars and was a top performing stock is now the biggest laggard in the S&P 500 this year, down more than 30% just since January.

Talk about a fall from grace.

Social media is buzzing saying electric vehicles are over, and rental car companies are even trying to sell off their Tesla inventory. Doesn’t seem like the time to own stock in company that has fallen this far.

Or is it?

In this Power Trends+ video analysis, Luke Downey shares some really fascinating and compelling data that says otherwise.

I’ll also look at TSLA’s quantitative rating using the powerful Quantum Score tool (which is now available to Quantum Edge Pro subscribers) and discuss a phenomenon I call divergence. I talked about it in a recent Power Trends, and in this video analysis, I get to show you what exactly it could mean for this stock.

We’ll also look at another stock known by every investor on the planet, Apple (AAPL), which recently fell seven days in a row. This doesn’t happen often, but Luke is a master at what we call “signal studies,” and his data shows something interesting happened after each of the previous 14 times this has occurred since 1984.

As a reminder, these are not stocks currently recommended in my investing services, but this is why we do what we do. We dig into the data to find these important patterns that can lead to big profits, and we want to share our analysis with you on video here in Power Trends+ to help you in your research.

As always, we’d love to hear which stocks you’d like us to feature in an upcoming issue. Please reach out to me at [email protected] with any questions or recommendations. And thanks to all who have already sent in suggestions.

Talk soon,

Jason Bodner
Editor, Jason Bodner’s Power Trends

Disclosure: On the date of publication, Jason Bodner and Luke Downey held a position in Tesla (TSLA), mentioned in this article.