Futures were quiet last night and perked up a bit this morning which led to a positive move off the open. Indexes and many individual names were advancing nicely until news of $NVDA guiding lower supposedly dampened the mood. As always, rather than being overly concerned with "why," let's take a look at the price action.
August 8, 2022 How'd we start?
August 8, 2022 How'd we start?
August 8, 2022 How'd we start?
Futures were quiet last night and perked up a bit this morning which led to a positive move off the open. Indexes and many individual names were advancing nicely until news of $NVDA guiding lower supposedly dampened the mood. As always, rather than being overly concerned with "why," let's take a look at the price action.