'Weaponized FOMO' has been a theme of market rally, Nvidia

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 34 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 63%

Nvidia Nachrichten

Steve Sosnick,Market Rally,Interactive Brokers

Shares of Nvidia (NVDA) are rebounding in Tuesday's session after a three-day sell-off. Interactive Brokers Chief Strategist Steve Sosnick joins Market...

"It's Nvidia's market and we're all just trading in it," Sosnick explains. He notes how Nvidia has been spearheading the tech sector's growth . While the tech sector's rally may spark concerns, he notes that its recent dip isn't a problem"because of end-of-the-quarter factors making it more of a rotation."

I mean, realistically, um it's been dragging us higher and, you know, you could see now we're in a bit of an interesting little cycle where, where the, the index, you know, if you look at, if you look at the major industries and I'll define them as S and P 500 NASDAQ 100 they move with NVIDIA and you know, yesterday, for example, they sold off not, you know, S and P not in a major way because the difference was the advancers on the nyse outpaced decliners 2 to 1 today.

These are, you know, so the argument will go our biggest, most innovative dynamic, disruptive companies out there, of course, they should be leading, they should be leading.

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 47. in CH
 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

Nvidia's shares surge over 5% after $430 billion market slumpShares of Nvidia were up over 5% on Tuesday, poised to snap a three-session tailspin that had erased about $430 billion from the artificial intelligence...
Herkunft: YahooFinanceCA - 🏆 47. / 63 Weiterlesen »

Nvidia’s shares surge again after US$430-billion market slumpArtificial intelligence chipmaker is poised to snap a three-session tailspin
Herkunft: globeandmail - 🏆 5. / 92 Weiterlesen »