POSITIVE STOCK MARKET SENTIMENT FROM WALL STREET POSITIONING FOR ANOTHER LEG OF AI FRENZY
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Positive Sentiment
Please click here for a chart of Nvidia stock (NVDA).
Note the following:
- There is positive sentiment in the stock market in the early trade for a number of reasons explained below.
- The Morning Capsule is about the big picture, not an individual stock. The chart of Nvidia stock is being used to illustrate the point.
- The chart shows Nvidia’s 8.47% gain on aggressive investor buying ahead of earnings that will be released tomorrow after the close. We shared with you various factors related to Nvidia in the prior Morning Capsule before most of the big rise yesterday.
August 22, 2023