The S&P 500 and Nasdaq (including NDX 100) are trading less than 1% below their all-time highs. Market sentiment turned bullish this morning, with the CNN Fear & Greed Index at 56 as of 8:30 am, indicating more greed than fear among investors. We are now anticipating the next significant catalysts that could sustain this trend. These catalysts may include...
Why the stock gained today? • NVDA is a good defensive stock to protect against high interest rates. • Competitor intel losing part of the market and disappointed Q2 forecast • AI demand from MSFT, GOOG, META, TSLA that just revealed an increase in capex this week. NVDA is backed up after last week sell-off, could it last ? • NVDA broke the bearish channel...