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Good morning, traders. Happy Friday, and what a Friday it is! Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Economic Symposium this morning. The market reacted positively, with indexes climbing right up to the shoulder of record highs.
My name is Kevin Travers; here are stories about the U.S. stock market today.
$NVIDIA (NVDA.US)$ climbed 4%, the ...
My name is Kevin Travers; here are stories about the U.S. stock market today.
$NVIDIA (NVDA.US)$ climbed 4%, the ...
![Fed Ready to Cut, Market Booms, but Data Will Show When | Moovin Stonks](https://1500015405.vod2.myqcloud.com/57f4fa2avodtransusw1500015405/189f0e371397757891019773068/coverBySnapshot/coverBySnapshot_10_0.jpg)
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$NVIDIA (NVDA.US)$ The U.S. Department of Justice is investigating accusations by customers and rivals of Nvidia, including Advanced Micro Devices, that the artificial intelligence chip designer is behaving in an anti-competitive way, including in how it bundles its products.
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$NVIDIA (NVDA.US)$ it looks like it’s testing resistance!!
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$NVIDIA (NVDA.US)$ I am here again. A week ago I said once break 118, anything above it was gonna be rebound unless it closed above 127. Now I give you all tips. If today closes below 111.8, then this support is lost. Next strong support at 94-97.4. ![]()
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$NVIDIA (NVDA.US)$ When I told my colleagues and clients that I’ll wait until $90 in Q3, they doubted my opinion.
Now we’re not far from that. #ThanksJensenHuang? Tech 🫧🗯️
Now we’re not far from that. #ThanksJensenHuang? Tech 🫧🗯️
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$Amazon (AMZN.US)$ it is 195now. possible 180 and if it breaks down further, we accumulate in the range 175-170
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Nancy Pelosi has acquired Broadcom $Broadcom (AVGO.US)$ call options and purchased 10,000 shares of Nvidia $NVIDIA (NVDA.US)$ .
Additionally, she has sold her Tesla $Tesla (TSLA.US)$ holdings and a portion of her Visa $V shares.
Additionally, she has sold her Tesla $Tesla (TSLA.US)$ holdings and a portion of her Visa $V shares.
![Picture](https://ussnsimg.moomoo.com/sns_client_feed/70040965/20240703/024a56c0b1cc40f9ad8675a91e328c6f.png/thumb?area=100&is_public=true)
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U.S. stock indices were mixed, while Nvidia's stock falls into correction territory with an almost $400 billion plunge. Meanwhile, investors are awaiting May's personal consumption expenditure data and the Federal Reserve's preferred inflation gague this week.
The Dow advanced 0.67%. The S&P 500 traded down 0.31%, while the tech-heavy Nasdaq Composite declined 1.09%.
MACRO
San Francisco Federal Reserve President Mar...
The Dow advanced 0.67%. The S&P 500 traded down 0.31%, while the tech-heavy Nasdaq Composite declined 1.09%.
MACRO
San Francisco Federal Reserve President Mar...
![Stocks Close Mixed But Nvidia Falls Into Correction Territory | Wall Street Today](https://ussnsimg.moomoo.com/sns_client_feed/77777011/20240622/1718994005065-5bb851e49e.png/thumb?area=999&is_public=true)
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Most companies stock price goes down after the split and then rises. I was able to get AMZN and GOOG below stock split prices and I’m sitting good. If you believe in NVDA then buy it. It fell slightly to $117 but I think it may
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$C3.ai (AI.US)$ it's definitely under some nice accumulation from funds right now it's got a lot better let's call it pin action versus last quarter when it's spiked to 38 and then collapsed now we have buying the dip rather than selling the rip so that means it's being bought and accumulated and put away which is a very good bullish sign.
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