AMERICAN EXPRESS CEO SEES “NO LANDING,” WATCH NVIDIA FOR A BREAKOUT
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
No Landing
Please click here for a chart of American Express stock (AXP).
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 charts of AXP and NVDA stocks are being used to illustrate the point.
- American Express CEO Stephen Squeri said that he sees “no landing” for the U.S. economy. In plain English, no landing means the economy continues to grow without a major slowdown.
October 18, 2024