The U.S. stock market had a milestone week ending May 8, 2026, characterized by record highs and strong economic data that countered ongoing geopolitical tensions. The $S&P 500(.SPX)$ and $NASDAQ 100(NDX)$ both hit fresh all-time highs as the “V-shaped recovery” and the “Three Weekly Soldiers” setups continue being validated. This is the sixth consecutive weekly gain for the SPX and the NDX. Technology and semiconductors continued to lead the charge, fueled by persistent demand for AI infrastructure. Conversely, the energy sector lagged mid-week but saw late recovery as oil prices fluctuated. April Jobs Report: The U.S. economy added 115,000 jobs in April, nearly double the 65,000 expected. The unemplo
Tesla Leads Tech Rally on Risk-On Surge: Still Worth Chasing?
Tesla surged 8.46%, leading tech stocks as easing U.S.-Iran tensions sparked a broad risk-on rally, driving capital rotation from safe-haven assets back into high-beta growth names alongside a stronger Nasdaq. As the most elastic name in the Magnificent 7, TSLA typically amplifies rebounds when risk appetite returns. However, this move is primarily beta-driven rather than Tesla-specific, lacking fresh fundamental catalysts such as robotaxi updates or delivery beats — chasing at current levels risks sharp reversal once sentiment fades. Will you chase this breakout, or wait for a pullback?
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