Welcome to the Stock Dork Cheat Sheet; your go-to guide for all the most important stock market news and analysis.

 

Today is Monday, May 17. Let's get ready for the trading week!

 

Happy Monday! U.S. stocks rallied on Friday to close out the trading week with gains. However, they were still down slightly on the week. The Nasdaq gained 2.3% in Friday's session and the S&P 500 added 1.5%.

 

 

Bitcoin tumbled to $45,000 over the weekend after some less-than-stellar comments from prominent crypto cheerleader Elon Musk. The sell-off began when Musk's electric vehicle company, Tesla, announced it would no longer accept Bitcoin for payments. Musk also reportedly commented on Bitcoin mining's "insane" energy usage, prompting a widespread crypto sell-off.

 

Crypto is bigger than Elon Musk, but the guy clearly has the power to move markets. Some say Elon is just manipulating the market, but he can get away with it without worry about the SEC as long as it's crypto and not registered securities.

 

Musk has since tweeted that Tesla hasn't sold any of its Bitcoin.

 

  

 

Solar is blowing up in 2021 and it's not going to slow down soon.

The White House could unveil a new infrastructure plan that could inject billions into the sector soon.

 

This renewable energy source could be the foundation of the energy revolution.

 

 

Thanks for reading! Don't forget, I'm always eager to hear from you. Reply to this email with your questions, comments, or general feedback, and Ill get back to you as soon as I can.

 

Wishing you big returns on your investments this week, as always!