Tesla Shares Are Sinking, Oil Prices Are Rising, and Stocks Are Pointing Towards a Lower Open. 10/20/22
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Tesla shares are sinking after delivering a mixed Q3 earnings report after the bell yesterday. Roth Capital’s Craig Irwin discusses the future of the company. Plus, oil prices are rising today on reports that China may ease some COVID measures, possibly cutting the quarantine period for inbound visitors to seven days from 10 days. BofA Global Research’s Francisco Blanch dives into the commodity trade. And, stocks are pointing towards a lower open as inflation concerns remain top of mind on Wall Street. Capital Wealth Planning’s Kevin Simpson and Gilman Hill Asset Management’s Jenny Harrington lay out the trading day ahead.