1. Tesla stock rose 7% this year and 20% in 12 months. 2. Shares historically gain in December, rising 60% of the time. 3. 2022 was the worst December, with a 37% decline due to investor concerns. 4. Recent trading shows a 0.4% increase as investors anticipate a Santa Claus rally. 5. Volatility remains high; average monthly movement is 14% for Tesla.
FAQ
Why Bullish?
The historical tendency for December gains, coupled with recent price increases, suggests confidence among investors. Previous gains after declines often indicate recovery trends.
How important is it?
The newsletter discusses historical performance and market psychology, which are highly relevant for TSLA's current trading trends.
Why Short Term?
The December Santa Claus rally effect may provide immediate uplift, typical of seasonal trends. However, it’s essential to watch for volatility in the new year.