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$Invesco QQQ Trust(QQQ.US$ I can see it going either 465 or making a recovery in the next 2 weeks
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Market Summary 9th July
A lackluster testimony by Fed Chairman Powell and a few other minor triggers left the markets directionless, with the major indexes ending the day with slight gains. However, beneath the surface, it was a different story. The majority of stocks declined, and we saw an increase in net lows on both the $NASDAQ(NASDAQ.US$ and $NYSE(NYSE.US$. From a qualitative standpoint, it was a challenging day for the market. Several leading stocks like $NVIDIA(NVDA.US$ and ...
A lackluster testimony by Fed Chairman Powell and a few other minor triggers left the markets directionless, with the major indexes ending the day with slight gains. However, beneath the surface, it was a different story. The majority of stocks declined, and we saw an increase in net lows on both the $NASDAQ(NASDAQ.US$ and $NYSE(NYSE.US$. From a qualitative standpoint, it was a challenging day for the market. Several leading stocks like $NVIDIA(NVDA.US$ and ...
![Market Summary 9th July 2024](https://sgsnsimg.moomoo.com/sns_client_feed/101748296/20240710/1720609761659-7f11ed0c92.png/thumb?area=104&is_public=true)
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$NVIDIA(NVDA.US$ already said earlier it will be range bound 123-127 🤷🏻♂️ but it is being squeezed, pending upward trend
daily chart
daily chart
![Sideway crawling and consolidation](https://sgsnsimg.moomoo.com/sns_client_feed/102398051/20240628/497de6442f263860bb424119d199a82a.jpg/thumb?area=101&is_public=true)
![Sideway crawling and consolidation](https://sgsnsimg.moomoo.com/sns_client_feed/102398051/20240628/6e1fc358fcbc4127230f028c989975eb.jpg/thumb?area=101&is_public=true)
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$NVIDIA (NVDA.US)$ a higher low? Trading in this stock is so fun.......why you ask? Because the next 5 years this gonna make me wealthy. Unless all AI gets band, we gonna continue to get paid. All of this sell off is simply the rebalaning that needs to be done once a split occurs. Add some minor shorting. You make a few bucks. But I bet by next week if any desk manager reporting an open short on this stock should prolly pack their desk up and head home
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$NVIDIA(NVDA.US$ DO ITS LITTLE DOG AND PONY SHOW THEN SLITHER EVEN LOWR....
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Morning mooers! Happy Monday, June 24th. The market is open and climbing, my name is Kevin Travers, and I am back from a trip to the UK, I'll share some videos this week alongside stories from the herd on Wall Street today.
In moovers, $Trump Media & Technology(DJT.US$ climbed 17%. Last week, the firm said it expects $69.4 million in cash from an exercise of warrants. The stock faces volatility in the lead-up to the first presidential debate betwe...
In moovers, $Trump Media & Technology(DJT.US$ climbed 17%. Last week, the firm said it expects $69.4 million in cash from an exercise of warrants. The stock faces volatility in the lead-up to the first presidential debate betwe...
![Nvidia Pulls Back From #1 | Herd on Wall Street](http://1500015405.vod2.myqcloud.com/f7703b98vodtransuse1500015405/9b2621c21253642699558026130/coverBySnapshot/coverBySnapshot_10_0.jpg)
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Small cap stocks are now down 3% on the year while Large caps are up 14.5%.
The combined market cap of all 2000 companies in the Small Cap Russell 2000 Index: $3.02 trillion.
The market cap of 3 largest US companies:
- $Microsoft(MSFT.US$ : $3.33 trillion
- $Apple(AAPL.US$ : $3.32 trillion
- $NVIDIA(NVDA.US$ : $3.23 trillion
The combined market cap of all 2000 companies in the Small Cap Russell 2000 Index: $3.02 trillion.
The market cap of 3 largest US companies:
- $Microsoft(MSFT.US$ : $3.33 trillion
- $Apple(AAPL.US$ : $3.32 trillion
- $NVIDIA(NVDA.US$ : $3.23 trillion
![Small caps down 3%, Large caps up 14.5% on the year](https://ussnsimg.moomoo.com/sns_client_feed/1629598/20240618/6ac60d951c5c8b5dc1d6f1eef6015e34.png/thumb?area=999&is_public=true)
![Small caps down 3%, Large caps up 14.5% on the year](https://ussnsimg.moomoo.com/sns_client_feed/1629598/20240618/0075d52fb4c837ec5123d8970f409498.png/thumb?area=999&is_public=true)
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73153837 : I agree the Gap down on 7/17 of $12 and change is significant considering most other gap downs in the last 3 yrs were just a fraction of that amount. I think we could easily agree that small gaps downward have shown upward movement. In order to find drops that are similar in size we would have to go back to Jul. of 2022 when it gapped down $12 and $13 totalling a 2 day drop of $25. But then again what do I know? All we can do is wait and see. One would have to think that some downward movement is long over do..