Market Commentary
Joe Tigay

Tesla (TSLA): The Morning Trade | Morning Trade Live| TD Ameritrade Network

 

Risk Less to make more.

Why does it make sense to wait on the sidelines for the next couple months?  Tesla and other Nasdaq Stocks are walking a tightrope as yields are rising to start 2022.  Look out for the 200-day moving average in the Nasdaq.  For $TSLA it makes sense to me to take some risk off the table, make money while risking less, and get ready to buy at a lower price.