Nvidia Earnings Hype: Dumb Money’s Risky Bet
Retail investors, often referred to as “dumb money” on Wall Street, heavily invested in Nvidia ahead of the company’s underwhelming earnings report. According to analyses from JPMorgan and Vanda Research, these investors not only bought Nvidia stock but also piled into exchange-traded funds (ETFs) with significant Nvidia exposure, including leveraged ETFs linked to the chipmaker. […]
Sonic Trading System Dynamic Profit Targets
Traders, let’s dive into the Sonic Trading System and uncover the intricacies of this powerful tool. If you’re looking to fine-tune your trading strategy, understanding the flexibility and adaptability of the Sonic system is essential. The Power of Dynamic Targets and Stops One of the most critical aspects of the Sonic Trading System is its […]
Charts Showing U.S. Stock Market Breadth Improvement
Bespoke: S&P 500’s August Rebound Backed by Strong Breadth Across Multiple Measures More U.S. stocks are joining the recent stock market rally, as the S&P 500 continues to build on its August rebound, according to Bespoke Investment Group. “Since the sharp drop that led to the August 5 low, a key feature of the stock […]
Overvalued Market: A Risky Reality in 2024
The U.S. stock market today is nearing the extreme overvaluation levels seen at the peak on January 3, 2022. When it rebounds from a correction and approaches a new all-time high, it’s crucial to compare current valuations with previous peaks. Investors often hope that such downturns have corrected prior excesses, setting the stage for a […]
Powell: Fed Now Prioritizes Unemployment Over Inflation
Federal Reserve Chairman Jerome Powell has pledged to take all necessary steps to maintain a robust labor market, signaling the central bank’s commitment to preventing a rise in unemployment that could tip the U.S. economy into a recession. “We do not seek or welcome further cooling in labor-market conditions,” Powell stated emphatically during a speech […]
Nvidia Earnings to Decide Big Tech’s Next Move
You might assume that the final week of August would be the quietest of the summer on Wall Street, with traders heading to the beach for some last-minute relaxation before Labor Day. However, there’s a major market event on the horizon that investors won’t want to overlook: Nvidia’s earnings report. One money manager even suggested […]
