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Trading Charts with Tim Knight - May 20, 2024 - NVIDIA Nears $1,000

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Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

During NVIDIA Week, Tim Knight discussed the market's anticipation of NVIDIA's earnings announcement, expected to significantly influence broader market sentiment. With NVIDIA nearing $1,000 per share, Knight highlighted its centrality to AI and GPU demand. He also noted trends reminiscent of 2021, including SPACs and meme stocks. Key stocks like ARM (ARM) and Supermicro (SMCI) may react to NVIDIA's performance, while sectors like natural gas and precious metals show strong activity.

  continue reading

867 episodes

Artwork
iconShare
 
Manage episode 419279841 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

During NVIDIA Week, Tim Knight discussed the market's anticipation of NVIDIA's earnings announcement, expected to significantly influence broader market sentiment. With NVIDIA nearing $1,000 per share, Knight highlighted its centrality to AI and GPU demand. He also noted trends reminiscent of 2021, including SPACs and meme stocks. Key stocks like ARM (ARM) and Supermicro (SMCI) may react to NVIDIA's performance, while sectors like natural gas and precious metals show strong activity.

  continue reading

867 episodes

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