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$Super Micro Computer (SMCI.US)$ testing next resistance level at $39, good chance. If sustainable, next shall be heading to $50. Risks are mitigated and justifiable.
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The recent market crash felt like a gut punch, especially for those of us holding onto tech darlings like NVDA😭. My portfolio was a graveyard of plummeting stocks💔, and watching NVDA tumble to a shocking $91.30 felt like a nightmare come true. It was like watching my life savings evaporate before my eyes.
But amidst the wreckage, I saw a glimmer of hope. The opportunity to buy low, to gamble on a rebound, was too tempting to ignore. I took a risk...
But amidst the wreckage, I saw a glimmer of hope. The opportunity to buy low, to gamble on a rebound, was too tempting to ignore. I took a risk...
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On Wednesday, the highly anticipated Federal Reserve meeting took place, and the stock market reacted with a bang.
All three major indexes surged, with theS&P 500 rising over 1.5%and theNasdaq jumping more than 2.5%. Nvidia saw an impressive near13%increase.
What did Powell say at the FOMC meeting?
Will the rate cut be moved up?
And which important companies released earnings today?
$NVIDIA (NVDA.US)$ $Arm Holdings (ARM.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $Meta Platforms (META.US)$
All three major indexes surged, with theS&P 500 rising over 1.5%and theNasdaq jumping more than 2.5%. Nvidia saw an impressive near13%increase.
What did Powell say at the FOMC meeting?
Will the rate cut be moved up?
And which important companies released earnings today?
$NVIDIA (NVDA.US)$ $Arm Holdings (ARM.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Invesco QQQ Trust (QQQ.US)$ $Meta Platforms (META.US)$