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An up day for American Indexes was not unexpected given the seasonality. What was unexpected was the VIX crush, falling 12.75% to sit at 2023 lows at a price of 15.85. The fall in the VIX is actually the lowest read since November 2021. Salesforce (CRM) reported...
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Despite Nvidia (NVDA), a leading chipmaker, briefly surpassed the $1 trillion market valuation mark on Wednesday, the NDX led yesterday’s across the board declines, closing lower by 0.70%. Nvidia has emerged as a frontrunner in the AI industry, exemplifying Wall...
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U.S Equity Markets closed mixed, well off intra-day highs after a volatile two-way trading session. Despite the mixed finish, the VIX closed lower by 2.73% at a price of 17.46. Meanwhile Bond Yields slumped across the curve. Democratic President Joe Biden and top...
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Despite Costco (COST) posting lower-than-expected quarterly earnings all three American Indexes surged on Friday, led by the 2.58% gain in the NASDAQ 100. The NDX has now rallied over 5% since NVIDIA released its earnings after the close on Wednesday evening. Costco...
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Technology Shares surged yesterday following the release of earnings from NVIDIA. The NASDAQ ended Thursday with a gain of 2.5%. This move higher saw the VIX close lower by 4.50% at a price of 19.14. Nvidia (NVDA) has issued a strong projection for its second-quarter...
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Following a wild trading session, U.S. Equity Markets closed lower across-the board with the Dow leading the move, closing lower by 0.77%. However, Futures markets have soared in after hours following the results from Nvidia. During a conference at the Richmond Fed,...
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