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Trading Charts with Tim Knight - May 9, 2024 - Stock Market Rebounds
Currently unavailable
Trading Charts with Tim Knight - May 9, 2024 - Stock Market Rebounds
ratings:
Length:
15 minutes
Released:
May 9, 2024
Format:
Podcast episode
Description
Tim Knight discusses recent market trends, highlighting the rebound in the stock market since April 15, with a near return to lifetime highs observed in late March. He reviews various financial instruments and stocks, noting general market optimism yet cautiousness ahead of significant events like NVIDIA's earnings. Highlighted are the performances of ETFs like SPY (Spider), DIA (Diamond), QQQ (Cubes), and SMH (Semiconductor), along with specific stocks like NVIDIA, Roblox, and Arm Holdings. He also touches on commodities like oil and gold, providing insights into their recent movements and potential indicators. Knight briefly discusses bond market reactions, particularly in relation to an auction that was well received. The narrative also includes discussions on specific trading opportunities, gaps, and technical analysis on trends across different sectors and instruments, emphasizing a mix of bullish and bearish outlooks on various assets.
Released:
May 9, 2024
Format:
Podcast episode
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