With the markets having gone on the rip-your-face-off rally we predicted back on August 5, we’re now getting very close to a near-term top across the board. Sometime this week, we’re likely to see a sharp and short-lived pull-back in the NASDAQ-100 (QQQ), the S&P 500 (SPY), Nvidia (NVDA), Apple (AAPL) and the rest.
Sharp Short-Lived Sell-off Coming Read Post »
The NASDAQ-100 (QQQ) has bottomed out today on a high volume, fear-driven, extreme $VIX oversold sell-off. We’ve seen days like this over and over and over again in high volatility corrections and they almost always mean the market has bottomed.
NASDAQ-100 has bottomed Read Post »
As I mentioned about a week ago, NVDA will soon begin a monster rally up to $150 a share. Nothing has changed. Not one bit. As I mentioned last week, there was every possibility of NVDA going all the way down to $90 a share even. But that won’t change the fact that once the correction ends, a monster rally of epic proportions will begin.
NVDA heading back to $150 Read Post »
Nvidia is now nearly oversold on the daily chart which is extremely rare. It is getting very close to a bottom point if it hasn’t bottomed already. It might fall under $100 for a very brief period of time within the next week. Hell it might even go down to $90 within the next 3-5 days. But after that, it’s going on a straight tear to $150. The train is leaving the station.
Nvidia 50% Rally Coming! Read Post »