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As market participants keenly await the forthcoming consumer price index (CPI) report, $JPMorgan (JPM.US)$'s trading desk has advised investors to prepare for heightened volatility in the $S&P 500 Index (.SPX.US)$. The looming CPI data, slated for release on Thursday, has the potential to catalyze significant market movements, with options traders forecasting a 0.9% swing in either direction for the benchmark index.
Andrew Tyl...
Andrew Tyl...
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74664349
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$NVIDIA (NVDA.US)$
Based on past history, my guess is this is coming down after lunch. Otherwise, it might imply the restart of bullish sentiment in the chips space. Although I really do hope AI and semi-con make a comeback soon though.
Also, apart from NVDA stock, you can check out leveraged ETFS:
- $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
- $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
Based on past history, my guess is this is coming down after lunch. Otherwise, it might imply the restart of bullish sentiment in the chips space. Although I really do hope AI and semi-con make a comeback soon though.
Also, apart from NVDA stock, you can check out leveraged ETFS:
- $Direxion Daily Semiconductor Bear 3x Shares ETF (SOXS.US)$
- $Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$
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$Arm Holdings (ARM.US)$ Why is this company's price-earnings ratio so high, over 300. Is the data wrong?
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74664349 : The drop in CPI on May 15 and June 12 doesn't seem to have any effect on the stock market in the next day or two. Can Okami answer