January 8, 2025

FAILED NVIDIA BREAKOUT BURNS MOMO CROWD, INTEREST RATES RISE ON STRONG ECONOMIC DATA

By Nigam Arora & Dr. Natasha Arora

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

Interest Rates Rise

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 attempted to break out yesterday after a great speech from Nvidia CEO Jensen Huang.
  • The chart shows NVDA stock fell below the micro resistance zone and is in the support zone as of this writing in the premarket. 
Please click here or the title below to read more.
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