On top of keeping a close eye on bond yields and the situation in the Middle East, investors will be watching the big-tech earnings results this week. Many people think that a “solid” earnings season from these big-tech companies will be enough to help the sector (and the broad market) for the rest of this year. That might indeed be the case, BUT we have to remember that a FABULOUS earnings report in late August has not helped Nvidia’s stock at all. Also, this stock is now testing a very important support level.
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