Faded?
Market and Nvidia losing momentum so fast? Could be investors and traders taking a risk off approach ahead of Powell’s speech on Friday. The last time round at Jackson Hole symposium, Powell single handedly crushed the market
From YouTube
$NVIDIA(NVDA.US$ $SPDR S&P 500 ETF(SPY.US$ $S&P 500 Index(.SPX.US$ $Tesla(TSLA.US$ $Invesco QQQ Trust(QQQ.US$ $NASDAQ 100 Index(.NDX.US$ $Nasdaq Composite Index(.IXIC.US$ $Dow Jones Industrial Average(.DJI.US$ $Apple(AAPL.US$ $Meta Platforms(META.US$ $Amazon(AMZN.US$ $Alphabet-A(GOOGL.US$ $Microsoft(MSFT.US$ $PayPal(PYPL.US$ $Grab Holdings(GRAB.US$ $Palantir(PLTR.US$ $Sea(SE.US$ $Microsoft(MSFT.US$ $Visa(V.US$ $Adobe(ADBE.US$ $Zoom Video Communications(ZM.US$ $ARK Innovation ETF(ARKK.US$ $Tradr Short Innovation Daily ETF(SARK.US$ $SIA(C6L.SG$ $Direxion Daily TSLA Bull 2X Shares(TSLL.US$ $Disney(DIS.US$ $Financial Select Sector SPDR Fund(XLF.US$ $ProShares Bitcoin Strategy ETF(BITO.US$ $TriMas Corp(TRS.US$ $The Trade Desk(TTD.US$ $Direxion Daily S&P 500 Bull 3X Shares ETF(SPXL.US$ $NIO Inc(NIO.US$ $Alibaba(BABA.US$ $Riot Platforms(RIOT.US$ $CrowdStrike(CRWD.US$ $Salesforce(CRM.US$
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OceansWave : This is the most probable reason why the market is going downwards.. Papa Powell is every investors worst nightmare.. when he farts, the whole market shakes..
Shootingstar : If he intends to raise interest rates again there will be less money in the banks and no loans for companies. Their economy will collapse and unemployment will be vast
Broset311 : And I’ll still have my truck driving job