$NVIDIA (NVDA.US)$ 3.48 trillion $ market cap is absolutely insane. Great company, but overvalued
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The market fell all day, and Fed comments did not help. $S&P 500 Index (.SPX.US)$ trading down 60 bps, the $Dow Jones Industrial Average (.DJI.US)$ fell falling 0.47% and the $Nasdaq Composite Index (.IXIC.US)$ falling 0.64%.
MACRO
Federal Reserve Chair Powell said Thursday that Inflation was on track toward 2% and that the Fed was in no rush to cut rates quickly given the economy's strength.
Speaking to bus...
MACRO
Federal Reserve Chair Powell said Thursday that Inflation was on track toward 2% and that the Fed was in no rush to cut rates quickly given the economy's strength.
Speaking to bus...
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$Advanced Micro Devices (AMD.US)$ 140 shorting today
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$Advanced Micro Devices (AMD.US)$ love this company but thinking their orders already filled and their going to be sitting on a bunch product I'll be waiting for it to go on sale get some good deals on their stuff
73579701
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2023 was a year of uncertainty and adjustments for the US stock market, as investors navigated a complex landscape of economic and monetary policy changes. While the year saw periods of both optimism and pessimism, the overarching narrative remains focused on the Fed's actions and their impact on the broader economy.
To evaluate US stock market performance, let's review the $S&P 500 Index (.SPX.US)$'s progress this year:
*Images prov...
To evaluate US stock market performance, let's review the $S&P 500 Index (.SPX.US)$'s progress this year:
*Images prov...
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CEO Ethan Brown remains optimistic about the company's future amidst challenges and emphasises its relevance to paramount global issues. He believes recent decisive measures will fortify the organisation.
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$Tesla (TSLA.US)$
Bad Reaction to Earnings
Tesla has definitely confirmed the bearish technical trend that I have been talking about. One of its worst days in a very long time followed a disappointing earnings release. Shorts definitely got paid today. It appears that the escalation in geopolitical tensions in the Middle East was adding to the bearish sentiment in Tesla and most other equities today. Here is a brief overview of the negative points within the earnings call.
I...
Bad Reaction to Earnings
Tesla has definitely confirmed the bearish technical trend that I have been talking about. One of its worst days in a very long time followed a disappointing earnings release. Shorts definitely got paid today. It appears that the escalation in geopolitical tensions in the Middle East was adding to the bearish sentiment in Tesla and most other equities today. Here is a brief overview of the negative points within the earnings call.
I...
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