Breaking News
Investing Pro 0
🚨 Our Pro Data Reveals the True Winner of Earnings Season Access Data

Bulls And Bears Of The Week: Tesla, GameStop, And Cathie Wood Still Says Bitcoin Will Reach $1M

Stock Markets Nov 26, 2022 21:40
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters Bulls And Bears Of The Week: Tesla, GameStop, And Cathie Wood Still Says Bitcoin Will Reach $1M
 
GME
-11.06%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TSLA
+1.05%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/EUR
+1.20%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/USD
+1.18%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/EUR
+1.25%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BTC/JPY
+0.38%
Add to/Remove from a Portfolio
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

Benzinga - Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Wall Street ended the Thanksgiving-shortened trading week on a high note, as the holiday shopping season officially kicked off on Friday. The S&P 500 finished the week up by 1.51%, the Dow Industrial Average was up 2.20% and the Nasdaq Composite was down by a slight 0.27% for the week.

The National Retail Federation is anticipating 166 million people to make holiday purchases from Thanksgiving Day through Cyber Monday.

Investors, meanwhile, are turning their attention to the upcoming Federal Reserve meeting in December. On Wednesday, the Federal Open Market Committee released its November meeting minutes, and the Fed's language suggests it's likely to slow the pace of its interest rate hikes to 0.5% in December.

Benzinga continues to examine the prospects for many of the stocks most popular with investors. Here are a few of this past week's most bullish and bearish posts that are worth another look.

The Bulls "Most Anticipated Vehicle Launch Ever? Here's How Many Tesla Cybertrucks Are Reserved: Report," by Shanthi Rexaline, looks at the increasing demand for Tesla Inc (NASDAQ:TSLA)'s (NASDAQ: TSLA) upcoming Cybertruck, as new data shows 1.5 million reservations for the vehicle.

In "Cathie Wood Reiterates $1M Price Target (NYSE:TGT) For Bitcoin: 'Sometimes You Need To Go Through Crisis To See Survivors,'" Mehab Qureshi details why Cathie Wood, founder and CEO of Ark Invest Management, still believes Bitcoin (CRYPTO: BTC) can reach $1 million by 2030.

"GameStop Short Sellers May Be 'Running Out Of Bullets': Analyst," by Wayne Duggan, reports on why S3 Partners analyst Ihor Dusaniwsky believes that GameStop Corp (NYSE: NYSE:GME) short-sellers are running out of steam.

For additional bullish calls of the past week, check out the following:

Cramer Analyzes Legendary Trader Larry Williams's S&P 500 Forecast: 'Santa Claus Rally Coming To Town Next Month'

NFT Possibilities For Disney Are 'Extraordinary': How Bob Iger's Return Could Propel Web3 Growth

Apple (NASDAQ:AAPL) Music Support Seems To Be Finally Coming To Tesla Cars

The Bears "As Oil Prices Fall, ExxonMobil Holds Up: 'It May Be Time To Ring The Register,'" by Joel Elconin, explains why shares of Exxon Mobil Corp (NYSE: NYSE:XOM) have maintained their gains, and why now may be the time to sell the stock.

In "Jim Chanos Doubles Down On Coinbase (NASDAQ:COIN) Criticism: 'It Just Doesn't Work,'" Melanie Schaffer outlines the reason short seller Jim Chanos doubled down on his criticism of Coinbase Global Inc (NASDAQ: COIN), and why he says the company's business model doesn’t work.

" Credit Suisse (SIX:CSGN) Issues 'Concerning' Outlook Showing Loss Of Assets 'Far Above' Expectations," by Adam Eckert, notes the growing investor concern about Credit Suisse Group (NYSE: CS), with many selling shares after management unveiled a worse-than-expected outlook for the fourth quarter.

For more bearish takes, be sure to see these posts:

Meta's Metaverse Ambitions In Jeopardy As FTC Challenges Within Unlimited Acquisition

Amid Elon Musk-Sparked Layoffs, Twitter France Head Presses Exit Button — 'It's Over!'

Crypto Analyst Predicts Ethereum Could Drop 54% If This Firm Declares Bankruptcy

Keep up with all the latest breaking news and trading ideas by following Benzinga on Twitter.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Read the original article on Benzinga

Bulls And Bears Of The Week: Tesla, GameStop, And Cathie Wood Still Says Bitcoin Will Reach $1M
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email