Diamonds and Dogs
12/27/24
Oil higher, heading for a weekly gain on hopes of a revival in Chinese demand. Occidental Petroleum (OXY) is up a percent as Warren Buffett has been buying more shares, now owns over 10% of the company.
Tesla (TSLA) taking a hit. Big cap tech is taking a hit, more profit-taking. Tesla (TSLA) and Palantir (PLTR) are both down 3% after significant appreciation since the election due in part to the Trump win. Tesla founder Elon Musk has been a little preoccupied in Washington the last month on helping reshape the federal government.
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