CMI looks poised to break above the October and December highs, but it may be held back by news or rumors on the U.S.-China trade front.
When NVDA reports Q4 after Thursday's market close, I would prefer to buy a big selloff than see strength post-earnings and chase higher.
This has the same dynamic as the Greece situation a few years ago.
What can Tim Cook's cuts to estimates tell us about Nvidia earnings and the stock's trajectory?
The problem with leading indicators is that they lead.
Look for unsustainably exuberant levels for the S&P 500 in the coming weeks before optimism, and prices, peak.
Let's check those charts and technical indicators in light of the negative reaction to their latest numbers.
The big chipmaker and its CEO, Jensen Huang, need to reclaim investor trust on Thursday.
Let's see how the charts and indicators are positioned ahead of this fundamental release.
If investors were really concerned about a U.S.-China trade deal, would Starbucks be trading at an all-time high?