Party Like It’s 1999

Party Like It’s 1999

There is a stock called Nvidia (NVDA). You might have heard of it. It makes the chips that Artificial Intellligence (AI) runs on. It is up nearly 200% over the last year and is close to becoming the world’s most…

The Market Is Breaking Down: S&P: Failed Breakout, NVDA: Exhaustion Bar, CRM: Beneath The Surface Another One Bites The Dust

The Market Is Breaking Down: S&P: Failed Breakout, NVDA: Exhaustion Bar, CRM: Beneath The Surface Another One Bites The Dust

On Thursday, the S&P closed below 5,250 – the breakout level from March 28. This is what is called a “failed breakout” in classical technical anaylsis. “From failed moves come fast moves”. In other words, we are looking at a…