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We'll Tell You When It's Time to Tap Tesla

A week ago today, in a strategy story aimed at helping you survive and thrive in today’s whipsaw markets, Chief Investment Strategist Keith Fitz-Gerald told us to put Tesla Motors Inc. (Nasdaq: TSLA) on our “watch lists” for a likely future purchase.

“BP, Tesla is a definite ‘shopping list’ stock,” Keith told me back then. “We’ve been nibbling at it here, and have played it successfully several times. But it’s not yet at the point where I’m ready to jump all the way in. I think my rationale behind Tesla remains upbeat. I mean, you’ve got a real winning combination here – a disruptive sales model, a CEO who’s the most innovative guy on the planet, all the capital in the world that can be brought to bear. I don’t give a rat’s [tail] that New Jersey won’t let the company sell its cars there. There are much bigger opportunities. Wait ’til you see what the company does with China.”

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    Two Ways You Can Profit from the Fiscal Cliff

    We can't control the arguments in Washington, but we can control our money. That means it's time to learn how to profit from the fiscal cliff.

    If the U.S. economy "falls off" the fiscal cliff, the stock market will be volatile. The Dow Jones Industrial Average is down about 500 points since the Nov. 6 election, the lowest level in over four months.

    Fitch Ratings has already threatened to downgrade the United States if substantial progress is not made on addressing its economic woes, starting with the fiscal cliff. That is not an idle threat as Standard & Poor's did reduce thecreditrating of the United States in August 2011.

    "It's not hard to make the case we are headed for a recession," warned Hugh Johnson, head of Hugh Johnson Advisors, a financial and economic advising firm.

    But that doesn't mean you should shun all stocks, you just have to know which investments are prepared to weather the fiscal cliff storm.

    Here are two of the best ways to profit from falling off the fiscal cliff.

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