Riding the Wave: Nvidia’s Stock Comeback After Three Years
Nvidia Corp. shares made a remarkable comeback on Tuesday after experiencing a three-session decline that pushed them into correction territory. The stock surged 6.8%, making it the second-best performer in the S&P 500 SPX on the day. This rally followed a significant 12.9% drop over the previous three sessions. According to Dow Jones Market Data, […]
From Loss to Gain: Navigating the Quick $500 Trade Setup
Tuesday morning was a whirlwind of action as I took two trades back-to-back. I’m going to break down the good, the bad, and the ugly of these trades, discussing what works and what doesn’t, and sharing some tips on managing these trades for the best outcomes. Let’s dive right in. Trade 1 – Short Setup […]
Unexpected Trends on Wall Street Hint at Bullish Future for Stocks
Something unusual is happening on Wall Street, boosting the confidence of stock-market bulls as the first half of 2024 comes to a close. Corporate-earnings estimates, which typically decline throughout the year, are actually growing, according to FactSet data. FactSet’s John Butters shared with MarketWatch that S&P 500 firms have seen their earnings-per-share estimates for 2024 […]
Stock Surge: What the 2024 Rally Needs to Thrive
U.S. stock have posted an impressive election-year rally so far in 2024. As investors question whether that rally will continue, they’re watching inflation and economic-growth data to gauge the Federal Reserve’s potential interest-rate path, as well as corporate earnings in the second half of this year. The S&P 500 is on pace for its best […]
JPMorgan: Shorts Suffer, Stocks More Vulnerable to Bad News
Nvidia NVDA experienced a roughly 7% peak-to-trough range on Thursday, ending the day down 3.5%. This volatility has Wall Street buzzing, with Friday’s futures indicating a cautious start. Is this dip the end of the exuberance that briefly made Nvidia the world’s most valuable company, pulling up many AI stocks in its wake? Or is […]
Master 2 Trading Methods and Avoid Costly Mistakes
This morning, we seized some prime opportunities using our trading arsenal: the Roadmap software from Daytradetowin and the Blueprint method. If you’re new to these tools, don’t worry—I’ll walk you through what they are and how they were used to achieve a successful short trade today. Let’s dive in. What is Blueprint? The Blueprint software […]
