Sunday, Oct 6, 2024

NVDA, TLT, XLF: Technical Trends & How To Trade


NVDA, TLT, XLF: Technical Trends & How To Trade


"Nvidia (NVDA) stock price is up over 80% year-to-date. There are a few technology stocks that are holding up the S&P 500 Index or SPX. TLT: Fed day will spark a defensive move back to the long end of the curve as trades seek to risk off this week. XLF: fear in financials is only temporarily diminished and will return as the Federal Reserve keeps pressure on inflation," says Don Kaufman. Ben Lichtenstein examines NVDA, TLT, and XLF from a technical analysis perspective.

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