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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Nasdaq 100 breadth reaches 1-year high, with 70% of Invesco QQQ Trust stocks trading above 200-day moving average. ETF inflows favor SPY & QQQ.
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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 benzingaQQQ 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 benzingaBitcoin ETFs attract $2.8 billion in eight straight sessions as investors rotate toward Bitcoin and gold, challenging AI’s ETF dominance.
Read original at benzingaNasdaq 100 falls 0.6% as traders wait on Nvidia and hot July PCE revives September rate-hike bets. Energy leads, gold sinks 1.3% to $4,599.
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.
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