Jam Packed Monday
Portfolio Pulse from Thrash Capital
Congress passed a stopgap bill to prevent a government shutdown, which was a point of concern for investors. The PCE data released last Friday showed higher non-CORE PCE than previous months, causing 2 out of 3 major indexes [(ARCA: SPY), (NASDAQ:QQQ), (NYSE:DIA)] to close in negative territory. Tesla (NASDAQ:TSLA) announced its Q3 delivery report, showing potential for a major rebound.

October 02, 2023 | 2:13 pm
News sentiment analysis
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POSITIVE IMPACT
Tesla's Q3 delivery report shows potential for a major rebound.
Tesla's Q3 delivery report was positive, showing potential for a major rebound. This could positively impact Tesla's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEUTRAL IMPACT
The stopgap bill and PCE data may cause volatility in the DIA index.
The stopgap bill has eased investor concerns, but the PCE data has caused some volatility. This could impact the DIA index.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The stopgap bill and PCE data may cause volatility in the QQQ index.
The stopgap bill has eased investor concerns, but the PCE data has caused some volatility. This could impact the QQQ index.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
The stopgap bill and PCE data may cause volatility in the SPY index.
The stopgap bill has eased investor concerns, but the PCE data has caused some volatility. This could impact the SPY index.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70