News Formal

Can Nvidia Save the Market One More Time Today?

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 18 sec. here
  • 5 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 53%

S&P 500 News

NVIDIA Corporation,CBOE Volatility Index,Invesco S&P 500® Equal Weight ETF

Stocks Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation, CBOE Volatility Index, Invesco S&P 500® Equal Weight ETF. Read Michael Kramer's latest article on Investing.com

) for yesterday’s uptick in the stock market. The stock accounted for nearly 70% of the day’s gains in the Bloomberg 500, a proxy for the

It was also unusual that the stock surged nearly 5% today on fairly average volumes and below-normal call volume. The accumulation of gamma suggests that $150 may act as a significant level of resistance, mainly as implied volatility decreases following the results, prompting call holders to sell their shares if prices fail to surpass $150.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 450. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

9 Charts Showing Stocks Poised for Deeper Pullback as Key Indexes Break TrendlinesStocks Analysis by Michael Kramer covering: Gold Spot US Dollar, DAX, Nikkei 225, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »

What Happens Next for the Market Is in Nvidia’s HandsStocks Analysis by Michael Kramer covering: S&P 500, NVIDIA Corporation. Read Michael Kramer's latest article on Investing.com
Source: Investingcom - 🏆 450. / 53 Read more »