Did Nvidia Just Deliver a Breakout Fake-Out? Why Dip‑Buyers Should Welcome a Dip
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Nvidia (NVDA) fell 8% below $200 per share after briefly rejoining the $5 trillion club, facing potential weakness to the $170-180 channel as Alphabet (GOOG) closed its market cap gap to $4.6 trillion following a 10% surge on a strong quarterly result.
WATCH LIVE: Powell’s last Federal Reserve interest rate decision before stepping down
Federal Reserve Chair Jerome Powell will hold his final press conference at 2:30 p.m. Wednesday to discuss the policymakers’ interest rate decision ahead of his planned departure on May 15.
The appearance comes at a pivotal moment for the central bank as it weighs whether to change interest rates amid lingering inflation concerns and President Donald Trump‘s demand that rates need to drop.
Read MoreIs Repay Holdings (RPAY) One of the Best Tech Penny Stocks According to Hedge Funds?
Repay Holdings Corporation (NASDAQ:RPAY) is one of the best technology penny stocks to invest in according to hedge funds. On April 17, Repay Holdings confirmed receiving an unsolicited, non-binding proposal from Forager Capital Management LLC to acquire all outstanding shares of the company.
Read MoreTrump Unveils New Retirement Plan With Federal Match
A sweeping change to how Americans can save for retirement is now underway after President Donald Trump signed an executive order aimed at expanding access to savings accounts for millions of workers.
According to the New York Post, the move targets a long-standing gap in the system: tens of millions of Americans who do not have access to employer-sponsored retirement plans like 401(k)s.
» Read more about: Trump Unveils New Retirement Plan With Federal Match »
Read MoreInterest rates will rise today, economists say in near-full agreement
RBA DECISION DUE AS MIDDLE EAST SITUATION ESCALATES
The Reserve Bank of Australia (RBA) will announce its latest interest rate decision this afternoon, days after it was revealed inflation had risen to 4.6% and as the war in the Middle East appears to be escalating once more.
The AAP reports this morning the financial markets have been pricing in the chance the RBA will raise the cash rate by 25 basis points at more than two-thirds.
» Read more about: Interest rates will rise today, economists say in near-full agreement »
Read MoreThe Burst
It Is Too Late To Buy This Pelosi Stock?
What started out as a fun joke tracking Nancy Pelosi’s trades has turned into somewhat of a cult following. That’s because Pelosi’s portfolio was up as high as 71% this year alone but her short-term market outperformance is mirrored over the long-term with returns that rival those of Buffett.
That led many to speculate whether it was time to go all-in when she bought Palo Alto Networks earlier this year.
» Read more about: It Is Too Late To Buy This Pelosi Stock? »
Read MoreThe Ivy
DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst?
Gig economy food delivery service DoorDash (NASDAQ:DASH) has been running hot for most of the last year, gaining over 75 percent in the last 12 months. Such large increases, though, often leave stocks susceptible to corrections that bring their prices back down to earth. We examine DoorDash’s performance and valuation to see whether the stock is a buy,
» Read more about: DoorDash’s Soaring Stock: A Smart Buy or a Bubble Waiting to Burst? »
Read MoreThe Spotlight
Alert: 1 Founder Led Tech Firm with 44.7% Upside
Investment Alert: Buy LPSN Under $4.60/share
Disclaimer: Investment Alerts have a medium to long-term time horizon. These do not constitute financial advice and you should contact a financial advisor before deciding whether it is appropriate for your individual circumstances.