Nvidia (NVDA) is approaching another key resistance level. If that is broken, it should be quite bullish for the entire stock market.
Some Cracks are Showing Up in the Small Cap Rally
Jan 3, 2024
It’s not out of the question that Travelers (TRV) and the rest of the group could face some serious challenges after a long period of outperformance...if Milton doe a lot of damage…and/or yet another hurricane hits the US.
Silver has been lagging gold for six months now, but if it breaks a key resistance level, it should play catch up very quickly.
The stock market continues to hold up well, but expensive markets can become extremely vulnerable in times of uncertainty.
We get the employment report today. This could be quite important…but it will quickly become moot if the situation in the Middle East continues to deteriorate in a significant way. (It’s crazy but EITHER a “melt-up” OR a “melt-down” are still both possible.)