HomeLifestyleVehiclesFAANGM Stocks + Tesla (TSLA), Twitter (TWTR) Up, Health Sector + Starbucks (SBUX) Weak
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FAANGM Stocks + Tesla (TSLA), Twitter (TWTR) Up, Health Sector + Starbucks (SBUX) Weak

The S&P 500 and Nasdaq rallied to start the week. In terms of energy, crude oil was up to over $100 a barrel again and gasoline was up almost 2% on the day. Could this regenerate inflation concerns? Next, Scott Connor weighs in on new lows that investors are seeing in the VIX or the Fear Index since the beginning of the year. Also, the FAANG and Tesla (TSLA) stocks showed strength today. These names include Meta Platforms (FB), Netflix (NFLX), Apple (AAPL), Amazon (AMZN), and Tesla (TSLA). On the other hand, healthcare stocks like HCA Healthcare (HCA), UnitedHealth Group (UNH), Pfizer (PFE), Baxter Intl. (BAX), and Moderna (MRNA) finished in the red. Moreover, Connor discusses specific news like Elon Musk acquiring a 9.2% stake in Twitter (TWTR), and Starbucks (SBUX) CEO announces a pause in the share buyback program. Finally, the Factory Orders data came in as expected.

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04 Apr 2022

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