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NVDA
Entry 174.2800 2025-08-30 05:50 UTC
Target 167.9100
Fail 176.1600
Risk / Reward 1 : 3
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NVDA
Pending
Stocks
Technical
1H
Analysis Predict Bear Market
Body
The analysis reviews market performance for the last trading day of August, noting the mega cap tech drag except for Alphabet (Google), Nvidia's decline below its 50 day average for the first time since April, and the upcoming Labor Day holiday market closure. It advises dollar cost averaging due to a long term secular market. Also, there is IREN, which he just bought. There is discussion of September market trends with historic negative performances and of upcoming events such as jobs report for the month and Fed meeting with widely expected rate cuts. A key valuation consideration for the S&P 500, trading at 22.5 times its 12 month forward earnings. There is discussion about concerns for potential upticks in inflation ahead of the September 17th Fed meeting. It mentions evaluations. The presenter shares his position with Polymarket and the bet that Jay Powell will cut rates next month. The analysis focuses on sector breadths with indicators suggesting further upside. The analysis includes technical charts for the SPY, NVDA, IREB and SIL
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