In this short clip from Live Trading Room (03.27.24), I discuss the potential market movements, focusing on the patterns and trends in stocks like NVDA 0.00%โ and SMCI 0.00%โ, suggesting the possibility of short trades based on observed head and shoulders patterns and market fatigue.
I also mention upcoming events like earnings reports and FOMC meetings that could impact market dynamics and conclude with advice on trading strategies, including the use of puts for expected market downturns.
๐บ In this episode:
00:00 Overview Of Nvidia's Market Performance
01:44 Analysis Of SMCI and Nvidia Stock
02:43 Market Dynamics and Nvidia's Price Movements
03:37 Strategy For Purchasing Puts
04:35 Detailed Stock Market Trends and Analysis
05:34 Review Of Market Patterns and Investment Strategies
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