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Tesla Drives S&P 500 to RECORD HIGH!

07.03.24 - Join Tom Bowley, Chief Market Strategist at EarningsBeats, as he highlights reasons why the S&P 500 is likely to set new record highs ahead. Stocks like TSLA, AMZN, and GOOGL are poised to provide new leadership among top stocks, while industries like internet, broadline retailers, autos, software and others are set to perform well. Read Tom's Article Here: https://stockcharts.com/articles/trad... 📈Sign up for Tom's FREE "Chart of the day": http://www.earningsbeats.com/ 👀 See what better financial charting can do for you! Start your FREE 1-month trial today at https://stockcharts.com 👍🏻 If you enjoyed this video be sure to hit the THUMBS UP ✅ If you found value, consider SUBSCRIBING to our channel and ring the bell so you never miss a new video! Subscribe Here: https://tinyurl.com/wvet7qj 00:00 - Welcome! 00:24 - S&P 500 ($SPX), Nasdaq 100 ($NDX) 01:16 - Transports ($TRAN) Correlation to S&P 500 05:14 - Transports Seasonality 08:07 - Sustainability Ratios S&P 500 13:43 - Relative Rotation Graphs, Sectors with SPY Benchmark 15:40 - Technology Sector RRG (XLK) 20:37 - Relative Rotation Benefiting TSLA, GOOGL, AMZN 25:17 - RRG: Starbucks (SBUX), Ross Stores (ROST), TJX Co. (TJX) 30:21 - Key Industry Groups: Semis, Autos, Software, Retail, Internet 35:23 - Conclusions 👍🏻 FOLLOW US Twitter: @StockCharts : https://tinyurl.com/tt7429e @StockChartsTV :   / stockchartstv   Facebook: https://tinyurl.com/w2fsb42 LinkedIn https://tinyurl.com/t7u9568 #stockcharts #tombowley #earningsbeats ‪@StockChartsTV‬ ‪@CNBCtelevision‬ ‪@EarningsBeats‬ ❗️DISCLAIMER Past performance is not indicative of future results. Neither the Show Participants nor StockCharts.com guarantee any specific outcome or profit. You should be aware of the real risk of loss in following any strategy or investment discussed on the show. Strategies or investments discussed may fluctuate in price or value. Investments or strategies mentioned in this show may not be suitable for you and you should make your own independent decision regarding them. This material does not take into account your particular investment objectives, financial situation or needs and is not intended as recommendations appropriate for you. You should strongly consider seeking advice from your own investment advisor ––––– ℹ️ ABOUT STOCKCHARTS StockCharts.com is the world's leading technical analysis and financial charting platform. Trusted by millions of online investors around the world, the company has been an industry leader in the financial technology space for more than two decades. With innovative, award-winning charting and analysis tools, our mission is to help you better analyze the markets, monitor and manage your portfolios, find promising new stocks and funds to buy, and ultimately make smarter investment decisions. ℹ️ ABOUT STOCKCHARTS TV StockCharts TV is devoted exclusively to financial charting and market analysis from the web's top technical experts. With a constant stream of technical charting-focused content, there's always something insightful, educational and entertaining to watch on the channel.