ES Journal - 2023/2024

I assume that will depend on the NVDA earnings later today and the numbers that come out tomorrow pre-market.

 

That would be fantastic as this low volatility grind at ATHs is boring.

I doubt it, though.

 

here we come

 

• Nvidia shares are up 25% over the last month alone and 93% in 2024, extending 2023’s 240% runup as investors can’t seem to get enough of the AI dominator.
• That’s a move which would add or knock off some $200 billion from Nvidia’s $2.3 trillion market capitalization, a hard-to-grasp sum for a company valued at $200 billion total just four years ago.
• Nvidia is expected to account for roughly 40% of all earnings growth across the S&P 500 in the first quarter of the year, according to Bank of America.Put another way, the benchmark American stock index’s projected bottom line growth would fall from 5.7% to 3.2% without Nvidia, according to FactSet.
  
  

 

drop 14 bucks, selling ensures.

 

Unless the FOMC minutes have any surprises, I can easily see this V back up.

 

target 5315

 

flat, 10 points.

 

Federal Reserve minutes indicate worries over lack of progress on inflation
https://www.cnbc.com/2024/05/22/fed-minutes-may-2024-.html

 

flat all zn at 109'02.0, i am good with 1.5 rolex carry trades.

fomc minutes spooked me. still holding ym short for 1% retracement.