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The Dow Surges Nearly 750 points and the Small Caps Hit Best Level in Two-Plus Years 7/16/24

CNBC's "Fast Money"

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Analysis of Airline and Automotive Sectors Performance

The chapter delves into the trajectories of airline stocks such as Delta, United, and American Airlines, highlighting technical catalysts and support levels for individual companies. It also covers the automotive industry, discussing the surge in auto inventories, increased incentives for car buyers, and the growth of EV sales, with a focus on Tesla. The speakers touch on the stock performance and growth rates of companies like Ford, GM, Tesla, and Carvana, emphasizing Tesla's dominance in the EV market and Carvana's impressive rebound despite inventory concerns.

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