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DP Trading Room: NVDA Lifts Semiconductors Higher

by October 15, 2024
October 15, 2024

It’s time to put Semiconductors in the spotlight. NVDA is starting to trade at all-time highs again and that is likely to bring the Semiconductor industry group up to its own all-time highs. Erin discusses Semiconductors “under the hood” and highlights the NVDA chart.

Carl brings his unique analysis of the market and key areas of the market like Bitcoin and Gold. The Dollar is also in the spotlight with its move ever higher.

A look at the Magnificent Seven rounds out Carl’s presentation.

Erin covers Sector Rotation in detail. Which sectors are poised to go higher and which sectors are already cooking. She highlights one sector that you shouldn’t count out right now.

The pair finish with a look at viewer symbol requests and answer questions on yields.

01:01 DP Signal Tables

04:25 Market Analysis and Overview

14:32 Magnificent Seven

20:00 Sector Rotation

26:48 Semiconductors & NVIDIA (NVDA)

31:20 Questions

36:23 Symbol Requests

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Technical Analysis is a windsock, not a crystal ball. –Carl Swenlin

(c) Copyright 2024 DecisionPoint.com

Disclaimer: This blog is for educational purposes only and should not be construed as financial advice. The ideas and strategies should never be used without first assessing your own personal and financial situation, or without consulting a financial professional. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

DecisionPoint is not a registered investment advisor. Investment and trading decisions are solely your responsibility. DecisionPoint newsletters, blogs or website materials should NOT be interpreted as a recommendation or solicitation to buy or sell any security or to take any specific action.

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