mark2012
04-17 04:01

Nvidia is fantasticat the moment,  but the world economic outlook looks poor. Interest rates and inflation  will       climb. Contracting economies will.  focus on energy and food.  That trillion dollars worth of  chip orders will dimish in priority also allowing time for competitors  to bring other chips to the table .

Nvidia Breaches $200 But Fails to Hold: False Breakout or Consolidation?
Nvidia edged up 1.20% to $198.87, touching an intraday high of $200.40 — the first effective penetration of the $200 level — before retreating as bulls faced profit-taking pressure at the key threshold. TSM's Q1 earnings confirmed robust AI compute demand, while broader market record highs provided macro tailwinds for NVDA. Was today's intraday breach followed by a pullback a sign of technical consolidation, or does resistance at $200 remain unresolved?
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Comments

  • mark2012
    04-17 14:33
    mark2012
    if anyone wants to know the true oil price type into Google ai, dated brent. its not the futures price sub $100 futures price but the actual cost refineries are paying for oil $123 p barrel. disturbing
  • mark2012
    04-17 17:25
    mark2012
    ground operations are coming,. Trump is playing the cease fire card to buy time to get all his chess pieces in place. Then Checkmate
  • pinkuru
    04-17 07:23
    pinkuru
    wise words
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