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Tech stocks drop this morning with the exception of a few big tech names including NVDA, MSFT and GOOGL in premarket this morning. Prices got very close to the summer highs around $20,700s but came back today. ADP came in hotter than expected and GOOGL beat earnings last night. GDP was a miss but revisions showed improvement from the previous month. NASβs score dropped by 1 point this morning due to a trend reading calculation.
-Frank
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-Frank
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Scores on the S&P dropped again as a result of lower trend reading numbers on the 1D timeframe. Price's gap lower on the morning was a result of big tech selling off with earnings news. MSFT and META are indicating that AI infrastructure and development will get very costly as we approach 2025.
- Frank
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- Frank
Data From The EdgeFinder!
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The EdgeFinder brings everything together so you can spend less time scrolling and more time trading with confidence. From top buy/sell setups to insights on what major players are trading, EdgeFinder simplifies your process so you can focus on what really mattersβfinding quality opportunities fast.
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DXY daily chart:
The dollar looks poised for a decisive move today - whether up or down. We're sitting at support here after the sharp rally, with NFP numbers just 25 minutes away.
If jobs data smashes expectations, the US dollar very well could continue higher towards highs of the year.
If they miss - perhaps this was one drawn out pullback?
- Nick
The dollar looks poised for a decisive move today - whether up or down. We're sitting at support here after the sharp rally, with NFP numbers just 25 minutes away.
If jobs data smashes expectations, the US dollar very well could continue higher towards highs of the year.
If they miss - perhaps this was one drawn out pullback?
- Nick
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