TSLA Upgraded by Wedbush | Best Stock Picks Today 4-5-21

TSLA Upgraded by Wedbush | Best Stock Picks Today 4-5-21

Video Chapters
0:00 Stock Market Opens April with Breakouts
1:10 Stock Futures Rally After Jobs Report
2:10 Tesla (TSLA) Upgraded to Outperform
2:43 TSLA Stock Chart Analysis
3:30 Electric Vehicle Stocks NIO XPEV Stock Charts
4:10 Nasdaq Chart Breakout QQQ
4:40 Energy Stocks to Buy Now
5:06 ETF and Sector Breakdown
6:30 Technology Stocks to Buy Now
7:55 CSCO Bull Flag Swing Trade
8:20 Communication Services Sector Stocks to Buy Now

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Trading Game Plan April 5, 2021

After a bullish jobs report last Friday the stock market appears ready to resume the bull market that paused during March.

Swing trading opportunities opened up in technology stocks as the NASDAQ finally saw buying pressure. We discuss twelve tech stocks to considering buying this week but semiconductor stocks are still the top of the list.

Energy stocks, airlines stocks and cruise line stocks cooled off after a solid bullish run that began in November, however we're seeing the uptrend remains valid.

These industry groups should be in your watch list but we're waiting for the trades to give us proper risk/reward before new swing trades. The one stock I do like in this sector is CPE and a fresh breakout trade setup.

Tesla (TSLA) Upgraded to Outperform by Wedbush With A Higher Price Target

Wedbush analyst Daniel Ives upgraded Tesla (NASDAQ: TSLA) from Neutral to Outperform with a price target of $1,000.00 (from $950.00) with a $1350 long-term bull case on the "Green Tidal Wave" thesis. The analyst also added the stock to the Wedbush Best Ideas list. Source:

Tesla delivered 184,800 vehicles in the first quarter of 2021, Model S and X production dropped to zero

Tesla just reported first-quarter vehicle production and delivery numbers for 2021. In total, it delivered 184,800 vehicles and produced 180,338 cars. Source:

Pete Renzulli
 

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