GREAT AI INFERENCE SURPRISE, NVIDIA DECLARES AI TIPPING POINT, JAPAN’S NIKKEI CROSSES 34 YEAR HIGH
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Artificial Intelligence Tipping Point
Please click here for a chart of Nvidia stock (NVDA).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA stock is being used to illustrate the point.
- The chart shows when NVDA pulled back on extreme positioning prior to the earnings release. Please read yesterday’s Morning Capsule for details.
- The chart shows NVDA fell below the trendline prior to the release of earnings, triggering many sell signals in traditional technical analysis.
February 22, 2024