Did Nvidia Just Deliver a Breakout Fake-Out? Why Dip‑Buyers Should Welcome a Dip
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Quick Read
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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 More2 Dividend Stocks I'd Buy Without Hesitation During a Market Crash
Key Points
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Investors often act like lemmings, rushing into and out of individual stocks and the broader market.
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Long-term investors who prepare in advance can take advantage of investor emotions.
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Market crashes are a great time to buy well-run companies like NextEra Energy and Procter &
» Read more about: 2 Dividend Stocks I'd Buy Without Hesitation During a Market Crash »
Read MoreThe Burst
Champion Trader vs Cathie Wood: Who Wins?
A battle between a great trader and a prominent money manager has taken place in recent years. Mark Minervini, 2x US trading champion, has taken shots at billion dollar money manager, Cathie Wood of ARK Invest.
His primary critique appears to be based in a rule that he has observed over time. A stock that has fallen 80% can decline by another 50%.
» Read more about: Champion Trader vs Cathie Wood: Who Wins? »
Read MoreThe Ivy
66% Upside In Asian Ride-sharing Stock?
Grab Holdings has evolved into Southeast Asia’s leading super-app with operations spanning ride-hailing, food/grocery delivery, and financial services.
Growth momentum has been strong, particularly since 2023 which was a pivotal year when Grab hit its first quarterly profit. That took place in Q4 2023 on $653 million revenue, up 30% year-on-year.
Under the hood,
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Read MoreThe Spotlight
Market Commentary: 1 Dividend Stock To Turn $35,000 Into $100,000
When you go hunting for dividend-paying stocks, a tenured growth streak offers a lot of confidence that the company can sustain its payout to shareholders. One stock that fits that bill is Enterprise Products Partners, a midstream energy company that offers a mouth-watering 7.44% dividend.
Key Points
- EPD is a monster cash producer,
» Read more about: Market Commentary: 1 Dividend Stock To Turn $35,000 Into $100,000 »