January 7, 2025

By Nigam Arora & Dr. Natasha Arora

To gain an edge, this is what you need to know today.

Stay Ahead Of The Curve

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 NVDA stock is above the micro support zone.  Previously, this was a resistance zone.
• The chart shows that the move up has not been on heavy volume. This indicates a lack of conviction.
• Nvidia’s CEO Jensen Huang gave the keynote address at the Consumer Electronics Show (CES) yesterday evening.