Stock Market Analysis Latest – NVIDIA keeps the dream alive – August 25, 2023
Welcome back everyone to Stock Market Weekly Episode #696 for Friday, August 25, 2023 where we will be breaking down the most important trends, price action, and noteworthy moves across financial markets.
As always, we will share extensive analytics on the S&P500 (SPX), Nasdaq 100 (NDX), Russell 2000 (RUT), and current volatility environments.
In this week’s episode:
- NVIDIA blows out earnings to the upside
- Jerome Powell not afraid of raising again
- Bond yields finally take a pause
- S&P + NDX stabilize after 3 weeks down
- Dollar Index up 6 consecutive weeks
Markets covered: GLD UUP IEF
Stocks covered: NVDA TSLA
We hope that you enjoyed this week’s episode!
Thanks to our sponsor Investor’s Business Daily for allowing us to showcase some of their data tables in this video. To get access to IBD’s complete Industry Ranks list, sign up here.