Republic Risk: All Eyes on the Chip Store...

NVIDIA will take all the oxygen out of the room today. Is this the start of something good? Will it lead to a head fake? Or are we prepared to buck this historical volatility trend?

Aug 28, 2024

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Equity Storm Watch Is GREEN on the S&P 500 and GREEN on the Russell 2000

By the time the bell rings at 9:30 to kick off the trading day, you'll be drowning in Nvidia (NVDA) coverage. The non-stop speculation from TV analysts on Nvidia's second-quarter results is nothing but noise. It will be unbearable, so do yourself a favor and tune it out. We remain highly overbought on the Money Flow Index (MFI) on the S&P 500 and the Nasdaq 100.

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