A Wee Pullback Before A Breakout Post $NVDA Earnings?
From Live Trading Room (08.27.24)
In this short clip from Live Trading Room (08.27.24), I discuss the current state of the market, noting a sideways movement that isn't necessarily bearish without a macro trigger.
I emphasize recent key developments like Nvidia's upcoming earnings and Powell's dovish remarks.
I also point out the market's focus shifting from inflation to labor markets and speculate on potential short-term movements based on technical indicators and macroeconomic data.
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