HIM
voted
📃 Key Takeaways
▫️ Nvidia closed at $132.65 on October 9, nearing its all-time high of $140.74, reflecting a year-to-date increase of around 168%.
▫️ The stock is developing a symmetrical triangle pattern and indicates a possible breakout. Technical indicators like RSI and MACD are positive on the daily timeframe, suggesting potential upward movement.
▫️ Nvidia CEO recently says ‘reasoning’ AI will depend on cheaper c...
▫️ Nvidia closed at $132.65 on October 9, nearing its all-time high of $140.74, reflecting a year-to-date increase of around 168%.
▫️ The stock is developing a symmetrical triangle pattern and indicates a possible breakout. Technical indicators like RSI and MACD are positive on the daily timeframe, suggesting potential upward movement.
▫️ Nvidia CEO recently says ‘reasoning’ AI will depend on cheaper c...
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HIM
voted
The Federal Reserve kicked off this round of monetary easing with a significant 50 bp rate cut on Wednesday. Although the market showed a muted response that day, on Thursday, with the US initial jobless claims data reinforcing expectations of an economic soft landing, the market confidently began to revel in the rate cut, with the $S&P 500 Index (.SPX.US)$hitting its 39th new high of the year and closing above 57...
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