
MUSK’S TWITTER MOVE CREATES A POSITIVE SENTIMENT FOR THE STOCK MARKET
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Sentiment
Please click here for a chart of Twitter (TWTR).
Note the following:
- The Morning Capsule is about the big picture and not about an individual stock.
- The chart of Twitter is being highlighted because Musk’s Twitter move has created a significant positive sentiment for tech stocks.
- The chart shows a gap up in Twitter’s stock when Musk announced that he had built over 9% stake in Twitter.
- The chart shows a second leg up on the news that Elon Musk is joining Twitter’s board.