SPX Maintains Tight Channel, NVDA Consolidation Before Earnings
Schwab Network · Schwab Network
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Show Notes
When it comes to Monday's price action, Kevin Green says there's still bullish momentum rising above the red arrows. While the index's equal weight moved lower on the session, general trends point to healthy market breadth. When it comes to Nvidia (NVDA), Kevin shows the stock's consolidation ahead of its highly anticipated report on Wednesday. It's a trend Nvidia has established numerous times before, though as Kevin points out, only one of the past four consolidations resulted in gains after earnings.
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