Today$S&P 500 Index (.SPX.US)$market session saw strong gainsacross the Magnificent 7, with tech stocks driving broader market enthusiasm. A mix of CES anticipation, strong fundamentals, and improving sentiment fueled the rally. Here’s how the major players performed: Top Performers of the Day • NVIDIA ($NVIDIA (NVDA.US)$): 🌟 +4.82% – Led the pack with a surge fueled by excitement around CES announcements, particularly in AI and gaming advancements. • Google ($Alphabet-A (GOOGL.US)$): 🌐 +2.70...
Kinda wish I’d sold$Super Micro Computer (SMCI.US)$a bit ago, buUut… what I like less than their management is taking any loss. $Microsoft (MSFT.US)$’s $80B triggered this morning’s (much appreciated) jump in$Micron Technology (MU.US)$and$Broadcom (AVGO.US)$regained its retracement (yay! ~;-) This bit of news doesn’t hurt either… another analyst was puzzled by the pre-market rise, citing ‘no news’ to explain it (which sorta says something). personally? I will li...
Index Performance • Nasdaq Composite The Nasdaq surged 1.77% to close at 19,621.68, marking a robust recovery. However, the 19,800resistance remains a key hurdle. A successful breakout above this level could pave the way for a rally back to the psychological 20,000 mark, reviving bullish sentiment. • S&P 500 The S&P 500 gained 1.26% to close at 5,942.47, solidly bouncing off the 5,800 support. The upward momentum brings the 6,000 level into ...
Dow Jones Industrial Average: Testing Resistance at 43,000 The Dow Jones rebounded sharply from its 42,200 support level, aligning with expectations. However, the index remains capped by the resistance at 43,000. This level will be pivotal in determining the next leg of the move. A sustained break above could trigger renewed bullish momentum, while failure to do so may lead to further consolidation. ________________________________________ Nasda...
Top Performers of the Day
• NVIDIA ( $NVIDIA (NVDA.US)$): 🌟 +4.82% – Led the pack with a surge fueled by excitement around CES announcements, particularly in AI and gaming advancements.
• Google ( $Alphabet-A (GOOGL.US)$): 🌐 +2.70...
$Microsoft (MSFT.US)$’s $80B triggered this morning’s (much appreciated) jump in $Micron Technology (MU.US)$ and $Broadcom (AVGO.US)$ regained its retracement (yay! ~;-)
This bit of news doesn’t hurt either… another analyst was puzzled by the pre-market rise, citing ‘no news’ to explain it (which sorta says something).
personally? I will li...
• Nasdaq Composite
The Nasdaq surged 1.77% to close at 19,621.68, marking a robust recovery. However, the 19,800resistance remains a key hurdle. A successful breakout above this level could pave the way for a rally back to the psychological 20,000 mark, reviving bullish sentiment.
• S&P 500
The S&P 500 gained 1.26% to close at 5,942.47, solidly bouncing off the 5,800 support. The upward momentum brings the 6,000 level into ...
The Dow Jones rebounded sharply from its 42,200 support level, aligning with expectations. However, the index remains capped by the resistance at 43,000. This level will be pivotal in determining the next leg of the move. A sustained break above could trigger renewed bullish momentum, while failure to do so may lead to further consolidation.
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Nasda...
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