Why a Meaningful Recovery Rally May Be on the Horizon. 7/21/22

Shares of Tesla are taking a bumpy ride ahead of the open after reporting a 57% jump in adjusted earnings and a 42% jump in sales from a year ago. Philippe Houchois of Jefferies gives his thoughts on the stock. Plus, gas flows are resuming through the Nord Stream 1 Pipeline after being offline for more than a week for scheduled maintenance. Jeff Currie of Goldman Sachs breaks down the latest. And, there may be some technical evidence for a meaningful recovery rally. Craig Johnson of Piper Sandler explains why.