AI BOOM COLLIDES WITH INFLATION – THE FED FACES A DANGEROUS CHOICE FOR INVESTORS, NVIDIA EARNINGS AHEAD
By Nigam Arora
To gain an edge, this is what you need to know today.
Dangerous Choice For Investors
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- The chart shows the stock market is pulling back slightly after a slew of economic data.
- To the momo crowd’s dismay, the chart shows that since the breakout above zone 1 (support now but previous resistance), the stock market has not rocketed higher. Instead, the stock market has pulled back.
- Prudent investors should carefully watch if the stock market bounces off to make new highs after bouncing from the top band of zone 1 or the stock market breaks below the top band of zone 1.
August 26, 2026