“The S&P normally rallies in November and December. Since 1980, the S&P 500 has been greater practically three-quarters (73 pct) of the time within the final two months of the 12 months, and up a median of +3.Three pct total. When the S&P is greater in November and December, it’s gained a median of 5.6 pct in comparison with a lack of 3.1 pct throughout years with a unfavorable return for these two months.”
Shares definitely got here by means of once more with constructive efficiency in November by means of to December, after a constructive October.
Inventory of the 12 months: Tesla
As I wrote on this column, no inventory garnered extra consideration than Tesla in 2021. And it’s seemingly that no govt impressed extra headlines than Elon Musk, the CEO of electrical car (EV) producer Tesla.
Musk was named by Time as its Individual of the Yr.
Tesla and Musk moved bitcoin too, when the corporate started to simply accept the cryptocurrency for funds. He then modified his thoughts because of environmental considerations. He reversed course. You should buy a Tesla with green-mined bitcoin.
In 2021, Tesla was on observe to extend deliveries by 80% over the earlier 12 months and it has now made roughly two-thirds of all the electrical automobiles within the U.S. It additionally kicked off 2021 with its first full 12 months of revenue. On the present fee of gross sales, Tesla is on observe to ship greater than 1 million new autos per 12 months. They’re additionally set to open mega manufacturing amenities within the U.S., Europe and Asia. It’s an costly inventory, however the development and prospects are nothing wanting spectacular.
The tailwinds for Tesla and the EV trade are extra like a gale pressure wind. The worldwide shift to inexperienced within the try to succeed in internet zero emissions targets for 2030 and 2050 is perhaps the best financial pressure for the subsequent decade or two.
In 2021, I initiated a place within the Amplify BATT ETF that holds Tesla and invests within the EV and battery ecosystem. I proceed so as to add to the place. I’m additionally constructing my HLIT place, an ETF from Horizons that gives publicity to lithium that’s required for battery manufacturing.