my predictions for today (only as a reference not investment advice)
$NVIDIA (NVDA.US)$ I have done my research today and realized days before the FOMC meeting, information from the Nikkei has leaked that the fed was going to cut for 50 points . due to this reason there are a considerable amount of hedge funds who bought in few days ago and sell on the news last night.
this explains why Nvdia itself dip back to 113 last night. JP Morgan has adjusted their prediction that the S&P will reach 5900 from 5600. famous analyst Chang from the Goldman sachs has indicated the likelihood of a minimum 3% rise in the next few months heading up towards the election.
for today, it may break the resistance at 117 and go up to 119, and then come back down as funds escape from risk before tomorrow
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
103775419 : what does it mean by come down as funds escape from risk before tomorrow? why?
Ming1314 OP 103775419 : Triple witching day