Look, bro, today some big news has come out. First of all, Bank of America has doubled its bet on Nvidia. That means they think there’s still more upside left. Nvidia folks are just printing money. And another big point—Fed chair Warsh has clearly said that inflation is still stubborn, and there may be a need for rate hikes. That’s a bit of a worrying thing for the market. People were hoping for rate cuts, but that could flip now. The FDA has approved Lilly’s Mounjaro to reduce cardiovascular risk. This is big news for the healthcare sector. It looks like Lilly’s stock may go even higher. Also, there’s an NYT article comparing Social Media and Big Tobacco, but that’s more of a discussion piece—nothing particularly useful for trading. I thought I’d share all this. First focus on the Nvidia part, and also the Fed part. Both will have a direct impact on the market. What do you think—will the Fed hike rates or not?

⚠️ Personal analysis, not financial advice.

#Trading #Binance #StockMarket #FederalReserve #Economy

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Disclaimer: My personal analysis, not financial advice. DYOR.