"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?
XJO - Bear Posts only (Factors which might cause the markets to fall), page-16857
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