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YMCA

779 Posts.

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20/08/24

15:31

Post #: 75288267
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Originally posted by YMCA: ↑

"US Indices futures and bond yields up, Japan playing nice with rates for the moment, August is generally a good month for returns in the US. So I can see US indices trending upwards for the short term to reel in more retail gamblers."

So far it is going the way I speculated per my post of 7 August.

Around about the same time I was thinking about Nvidia which was trading around US$104 p/s and that I could see a run up towards its earning report due 28 August. So far it has climbed US$124.

I'm speculating the s/p is going to continue to move higher as we get closer to earning report date and we may see it reach and exceed its all time closing high of US$135.58 set on June 18, 2024.

To the experts, thoughts on a short term wager on a 2x/3x leveraged Nvidia ETF?

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NVDA up to US$130 from US$124 yesterday. More pumping towards US$140 target (Intra day ATH US$140.76).

XJO Value at posting: 7,997.1
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