‘Plenty of froth’ to come out of Tesla’s valuation

Serge Berger from TheSteadyTrader.com tells IGTV’s Victoria Scholar that the polarized positioning on Tesla makes it ‘impossible’ as a trading vehicle that makes money over time. He also says that the Nasdaq 100 and Apple both have further downside to come after the past week’s sharply negative moves. Meanwhile despite today’s slight recovery, Berger believes that oil is heading lower after its fifth consecutive session of losses on Tuesday (recorded 09 September 2020).