{"id":79317,"date":"2026-04-17T15:21:41","date_gmt":"2026-04-17T19:21:41","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=79317"},"modified":"2026-04-17T15:35:54","modified_gmt":"2026-04-17T19:35:54","slug":"elon-musk-rocket-man","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2026\/04\/17\/elon-musk-rocket-man\/","title":{"rendered":"Elon Musk Is Rocket Man!"},"content":{"rendered":"

What a week! Stocks hit record highs on hopes for peace in the Middle East, while Elon Musk has earned the title “Rocket Man.”<\/p>\n

So let's dig into what you need to know right now:<\/p>\n

1. QQQ Hits Lucky 13<\/h2>\n

What a Friday for tech!<\/span><\/p>\n

QQQ<\/strong>\u00a0rose for the 13th straight day, with 2026 leaders like Seagate<\/strong> (STX), Western<\/strong> Digital<\/strong> (WDC) and Marvell<\/strong> (MRVL) making new all-time highs.<\/p>\n

Of course, the question now is “are we overextended?”<\/p>\n

The RSI on QQQ is now 74+, which has marked near-term tops in the past, like last October:<\/p>\n

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This doesn't mean we're destined to crash.<\/p>\n

But things are overheated just as earnings season is heating up.<\/p>\n

And speaking of earnings, we have to talk about Tesla<\/strong> (TSLA), which reports Wednesday.<\/p>\n

2. Tesla Is the Wildest Wild Card Right Now<\/strong><\/h2>\n

Tesla<\/strong>(TSLA) has had a brutal move off the lows heading into earnings on Wednesday, April 22.<\/p>\n

And it's the wildest of wild cards in the market.<\/p>\n

Forget the fundamentals because the world is obsessed with SpaceX.<\/p>\n

And there is a non-zero chance Tesla benefits from the SpaceX IPO.<\/p>\n

Maybe Tesla gets folded into SpaceX.<\/p>\n

If Elon Musk even hints at hitching Tesla to SpaceX, Tesla is going to the moon.<\/p>\n

And based on surveys of the T3 Live audience, retail interest in SpaceX is sky-high.<\/p>\n

So everything Elon-related is getting bid up.<\/p>\n

JR Romero explains the situation here:<\/p>\n