
FED MINUTES AHEAD, CHINA TELLS FUNDS TO NOT SELL STOCKS, INTEL DEAL SCRAPPED BECAUSE OF CHINA
By Nigam Arora & Dr. Natasha Arora To gain an edge, this is what you need to know today. Fed Minutes Please click here for a chart of semiconductor ETF SMH. Note the following: Semiconductors are the leading sector and prime beneficiaries of the artificial intelligence frenzy. The chart shows when Nvidia (NVDA) earnings were reported. The chart shows that semiconductors took off when Nvidia guided $11B of revenue vs. $7B consensus. The chart shows a downward sloping trendline as part of consolidation after a big run up in semiconductors. The chart shows that semiconductors touched the top band of the support zone before