Battery Fully Charged: Tesla Gains Momentum on Market Optimism and Retail Buying Frenzy

The TSLA stock has been surging higher in the past few days on a mix of positive news which have been lifting the broad US stock market.

• The US data has started to surprise to the upside recently alleviating growth fears.
• Over the weekend and on Monday we got some positive news on tariffs with WSJ reporting that the US is narrowing its approach to April 2 tariffs set and President Trump saying that not all of his threatened levies would be imposed on April 2 and some countries
  may get breaks.
• JP Morgan reported that retail traders poured $8.1 billion into Tesla stock over 13
  straight trading days. That’s the biggest
  retail buying streak by dollar amount in more than ten years.

This article was written by Giuseppe Dellamotta at www.forexlive.com.