Both Netflix (NFLX) and Tesla (TSLA) have staged a massive rally over the last few weeks. Netflix Up 21% With Tesla
The best U.S. stocks this month are ones that just a few months ago were the biggest losers.“We’re seeing a lot of market appreciation coming from the flow back into risk assets. That’s pure risk-on behavior. We saw that reverse as people got scared and we’re seeing it re-reverse as people get more confident.”
Time to buy?
Not if you like your money. For the most part, both stocks are up on short covering as opposed to anything else. If anything their upward trajectory give enterprising short sellers another opportunity to load up at very good prices. Don’t forget ladies and gentleman, buy low, sell high, go short and cover. And something tells me these stocks are pushing their highs.
Netflix And Tesla Are On Fire. Best Stocks To Buy Now? Google