Last hour: the chip index first fell 6.4% to 9,829, then bounced back above 10,100, trimming the loss to 3.7%.
→ Nvidia's board is picking a search firm for a permanent CEO; Nvidia −2.3%, AMD −9.1%
→ S&P 500 −0.5%, Nasdaq 100 −1.2%, VIX 19.1
I think this bounce will measure how many want to carry the CEO uncertainty through the weekend.
Into the close: A) the chip index closes above 10,000 B) worst case: the 9,829 low breaks and the selling carries into Monday — drop it in the comments.
#Stocks #AI
Watching: $NVDA $AMD $SMH
→ Nvidia's board is picking a search firm for a permanent CEO; Nvidia −2.3%, AMD −9.1%
→ S&P 500 −0.5%, Nasdaq 100 −1.2%, VIX 19.1
I think this bounce will measure how many want to carry the CEO uncertainty through the weekend.
Into the close: A) the chip index closes above 10,000 B) worst case: the 9,829 low breaks and the selling carries into Monday — drop it in the comments.
#Stocks #AI
Watching: $NVDA $AMD $SMH
