Part 7/9:
The NASDAQ and S&P 500 are at or near all-time highs, indicating a generally overheated market that could trigger a correction.
The VIX (volatility index) has been creeping upward, reflecting rising uncertainty and nervousness among traders.
The upcoming Federal Reserve meetings add an element of unpredictability, potentially affecting market sentiment.
Key Takeaways and Strategic Recommendations
At Current Levels ($428): The statistical models suggest staying invested but cautious. The risk of a near-term pullback exists as Tesla approaches resistance.
At $440-$460: It is prudent to consider scaling back, especially if there are no new catalysts to justify further gains.