Nvidia's Best Day Since April 2025, Cybersecurity Stocks Go Vertical: Stock Market Today
Nvidia surged 9% and cybersecurity names exploded higher, yet 10 of 11 S&P 500 sectors fell as yields firmed before Jackson Hole.
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BlackRock's IQQ is gaining consistent inflows, while Invesco's QQQ remains the dominant Nasdaq-100 ETF despite cheaper rivals.
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Nvidia surged 9% and cybersecurity names exploded higher, yet 10 of 11 S&P 500 sectors fell as yields firmed before Jackson Hole.
Read original at benzingaNvidia’s Unusual Move Please click here for an enlarged chart of NVIDIA Corp (NASDAQ:NVDA). Note the following: The chart shows that NVDA gapped up above the low band of Zone 1 (resistance). RSI on the
Read original at benzingaTechnical analysis shows QQQ is positioned for a rally, with historical data indicating positive returns following eight consecutive down closes. Bearish sentiment has reached extreme levels for six consecutive weeks, a contrarian indicator that preceded a multi-week rally in April. NVIDIA exceeded Wall Street expectations with $96.2B in revenue and announced significant capacity expansion plans for Neocloud partners, signaling strength in the AI sector.
Read original at zacks-investment-researchQQQ attracted $3.67 billion in ETF inflows while SPY saw $3.82 billion in outflows, as semiconductor ETFs also drew strong investor demand.
Read original at benzingaWith uncertainty surrounding whether the AI boom will deliver returns or become another bubble, investors face three scenarios: betting on AI winners through tech-heavy ETFs, hedging against an AI bust with bonds and international stocks, or diversifying across mid-cap and small-cap stocks to capture broader economic gains. The article recommends different ETF strategies based on individual beliefs about AI's future profitability.
Read original at the-motley-foolSPY and VOO attracted a combined $6.38 billion in daily ETF inflows, while QQQ saw outflows. QQQM, GLD and VCIT also posted notable creations.
Read original at benzinga