Tesla (TSLA) On Pace For Highest Close Since July & The Aug/Sep Market Slide

The dollar weakness and the China data is helping commodities bounce, notes Michael Reinking. He evaluates the August and September market slide and how higher energy prices are weighing on markets. He then goes over how Tesla (TSLA) shares on pace for the highest close since July after Morgan Stanley upgrade. He highlights how Tesla is up >5% after a Morgan Stanley upgrade while Apple (AAPL) bounces around 1% after last week’s weakness. He mentions that the company also announced it would extend its chip agreement with Qualcomm (QCOM) for three years ahead of its iPhone event tomorrow. Tune in to find out more about the stock market today.