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Financial markets

Dadar

The Mariana Trench
Gold Member
Dec 21, 2003
2,526
1,888
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I will delete most of what I posted today this evening.

Reference the TV custom indicator previously mentioned.

1 min is alternating. Broke down out of an equal measured move. Just covered at 21,170 after entry at 21,196. Fast 16 pt trade. Cover was at an old 382 and 707 convergence. The 1 min still in downtrend on 1 min until close above 21,217. Covered based on previous breached swing fib levels and the 1 min cycle lengths
 
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Market is adjusting to the new normal. Money has to move to satisfy the changing policies. That is tariffs, will cause shifts in the supply chain and strategic corporate moves. Doge is already pushing interest rates lower. The 10 year has been pushed down 3 consecutive days and is now down to 4.3%. The money has to move so this causes volatility.

NVDA reports earnings tomorrow after the close. Looking for an earnings beat, but the guidance is what will determine how the stock moves. Many think that DeepSeek will dampen demand for chips, i think its the opposite. By slashing costs per token in AI, i think that will increase demand instead of decrease demand.

Friday morning you have PCE which is the all important inflation reading. Inflation was on the rise the last 2 inflation reports and so investors will be looking to see where it is headed and how much an impact the trump tariffs have. Probably too early to tell on tariffs because they have not had time to be fully implemented.

I think NVDA beats tomorrow after the close and then we rally into friday morning. Volatility will push lower after the inflation reading on friday morning. If the inflation reading is low, then the rally continues. If it comes in hot then i think there will be continued pressure on stock prices.
 
😆 will be quiet now

Don't forget nvda reports after the close today
 
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