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| Name | 6-27-24 Why Is Wall Street Selling off Nvidia? | Before the Bell |
| Video Uploader | Video From Before the Bell |
| Upload Date | This Video Uploaded At 27-06-2024 13:11:21 |
| Video Discription | Tonight's "great debate" doesn't mean much from a market perspective. However, with three months to go before the Presidential election, options markets have begun (already!) pricing-out the outcomes. Yes, Virginia, Wall Street bets on the election...just like they bet on everything else! Markets are fairly elevated, deviated way above long-term trends. There is nothing to suggest a bigger correction is in the offing...but, behind the scenes we see the correction in XLK, primarily due to the selloff in Nvidia. The trend for technologies may be fine for now, but hedge funds and Wall Street have been selling technology shares at a record clip. Money inflows have been chasing Nvidia by investors thinking it's going to go to the moon; it's not. There will eventually be a very significant reversal in Nvidia at some point. Hosted by RIA Chief Investment Strategist, Lance Roberts, CIO Produced by Brent Clanton, Executive Producer ------- Get more info & commentary: https://realinvestmentadvice.com/insights/real-investment-daily/ ------- Visit our Site: https://www.realinvestmentadvice.com Contact Us: 1-855-RIA-PLAN -------- Subscribe to SimpleVisor: https://www.simplevisor.com/register-new -------- Connect with us on social: https://twitter.com/RealInvAdvice https://twitter.com/LanceRoberts https://www.facebook.com/RealInvestmentAdvice/ https://www.linkedin.com/in/realinvestmentadvice/ #Nvidia #TechnologyShares ##XLK #OverBoughtMarkets #MarketCorrection #InvestorPatience #PortfolioRisk #RiskManagement #StockSplit #MarketCorrection #MarketConsolidation #ExtremeDeviation #NarrowBreadth #20DMA #50DMA #200DMA #RSP #SP500 #InvestingAdvice #Money #Investing |
| Category | News & Politics |
| Tags | News & Politics Download MP4 | News & Politics Download MP3 | News & Politics Download MP4 360p | News & Politics Download MP4 480p | News & Politics Download MP4 720p | News & Politics Download MP4 1080p |
