The news out of China about Apple (AAPL) is creating new problems for the tech stocks, but we’ll also be keeping a very close eye on Nvidia (NVDA) going forward. Whether it can break above $500…or fails at the level…should be very important.
This week’s weakness in the small-cap Russell 2000 is another concern. It underperformed during the late-August bounce in the stock market, so if it continues to decline going forward, it will raise some warning flags on the rest of the market.
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