HT Weekend Watchlist - (Dec 3, 2023)

Hello Humbled Traders!

An exciting week for the market. Reported signals that inflation is cooling off have made market participants more confident that the FED will start cutting rates sooner next year. We shall see if that stands true.

What’s important is that we are finally seeing continuous strength even in more speculative names. A lot of previously beaten-down “high growth” stocks have been rallying back through 52-week highs. Examples are PLTR, AFRM, COIN, and ROKU, just to name a few. The same euphoria can be seen in Bitcoin prices, closing in on $40,000.

While people are extremely optimistic about a Santa Clause rally, please remember to always exercise risk management and stay cautious in case we get an extended market pullback.

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Here are just some stocks that the HT Community is looking at next week:

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📣 Cybertruck Flopped? Tesla's High-Cost, Low-Range Reality Check

Tesla's Cybertruck event underwhelmed with its starting price of nearly $80,000 and reduced range. Originally the 7th vehicle in their lineup, it's now the 5th Tesla, aiming for large-scale production, Tesla hopes to reach 250,000 units annually, starting with an initial capacity of 125,000 units. The company has received around two million refundable deposits, though exact numbers are undisclosed. Analysts have lowered Tesla's 2024 non-GAAP EPS estimate from $7.14 to $4.01, reflecting market reactions and production challenges.

Exciting updates are in progress for our Humbled Trader Community Trading Chatroom, designed to enhance your experience and align with your trading goals. We’re introducing strategy-based trading environment to upgrade the following features:

• Focused Learning: Join strategy-based chat rooms for distraction-free learning.

• Premarket Planning: Perfect your strategy with daily dedicated PM trade planning watchlists, tailored for your setup.

• Expert Guidance: Engage in weekly webinars and personalized 1-1 coaching for expert feedback with a coach specializing in your setup.

But that's not all - Stay tuned for even more upcoming upgrades in the next months. Thank you for your ongoing support and patience as we work diligently on these enhancements to better serve your trading goals!

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_{Email Disclaimer:
The Watchlist Emails are NOT trade alerts to buy or sell. We are not financial advisers. The above information is for educational and entertainment purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. We are merely sharing our opinion with no guarantee of gains or losses on investments. You accept our Terms and Conditions.}