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Electric vehicle companies NIO Inc. ,Tesla,Inc. , and Nikola Corporation are all trading close to support. This means there is a good chance they rally.Support is a concentration of buyers who have gathered at the same price level. At support levels, there is more demand for the stock than there is supply. Sellers can sell all they need to with no fear of pushing the price lower.Sometimes, stocks rally after they fall to support. This happens when some of the market participants decide to pay h

U.S stocks were muted on Thursday following a strong day of gains as the market struggled for a dire

Stocks set to rise after S&P 500 closed at another record.Bank earnings beat estimates, surge past l

EV Stocks are slipping in Tuesday morning trading.The shares of Li Auto fell more than 3%,Xpeng Moto

Outlook is brightening, but recovery ‘far from complete,’ Fed chairman says in WSJ op-ed.Federal Reserve Chairman Jerome Powell on Friday said that while the U.S. economic outlook is “brightening,” the recovery is “far from complete.”In an op-ed published in the Wall Street Journal,Powell recounted the moment last February when he realized that the coronavirus pandemic would sweep across the country.“The danger to the U.S. economy was grave. The challenge was to limit the severity and duration o