Too late for NVDA and IGV – Or not

Monica Kingsley Monicakingsley

S&P 500 took a premarket dive, struggled for direction during the open, and rebounded to make a lower high. Led by Nasdaq that has a better chart structure, and lately discussed AI universe led by companies beneting from NVDA success and upgraded NVDA itself is slowly outperforming as much as communications. The key development, the key story translating into trading and investing opportunities, remains the rise in yields and the dollar, with the accompanying retreat in rate cutting odds impacting several sectors (hello, the talked homebuilders, real estate and smallcaps).

Yesterday I featured the yields chart, today I‘ll comment more on the dollar strength as we see not merely yields differential, but also rising growth potential in the US compared to many anemic eurozone economies. Next, I‘m offering you the put to call ratio – what kind of (extreme) greed view that really offers, what do you think?

Author

Monica Kingsley

Monicakingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.

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Unimpressive European Central Bank left monetary policy unchanged for the fifth consecutive meeting. The United States first-tier employment and inflation data is scheduled for the second week of February. EUR/USD battles to remain afloat above 1.1800, sellers moving to the sidelines.

GBP/USD softens to near 1.3600 as BoE hints further rate cuts

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Gold eyes acceptance above $5,000, kicking off a big week

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Altcoins such as Aster, Decred, and Kaspa are leading the broader cryptocurrency market recovery over the last 24 hours, as Bitcoin holds above $70,000 on Monday, up from the $60,000 dip on Thursday.

Weekly column: Saturn-Neptune and the end of the Dollar’s 15-year bull cycle

Tariffs are not only inflationary for a nation but also risk undermining the trust and credibility that go hand in hand with the responsibility of being the leading nation in the free world and controlling the world’s reserve currency.

Bitcoin, Ethereum and Ripple consolidate after massive sell-off

Bitcoin, Ethereum, and Ripple prices consolidated on Monday after correcting by nearly 9%, 8%, and 10% in the previous week, respectively. BTC is hovering around $70,000, while ETH and XRP are facing rejection at key levels. Traders should be cautious: despite recent stabilization, upside recovery for these top three cryptocurrencies is capped as the broader trend remains bearish.