Major Indexes had a mixed showing as $RSP -0.06% and $IWM -0.78% but $QQQE +0.49%. $NVDA +24.37% spectacular fiscal Q2 revenue guidance boosted the Nasdaq, as well as fuelled buying interest in other mega cap semiconductor stocks ie. $AMD +11.2% and $TSM +12%. Still. weakness in market breath further expanded with new lows at -175, while $MMTW further deteroriated to 41.63%.
Note that Cybersecurity and Video Gaming & eSports group are setting up.
Thanks for reading.
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26/05/2023 Market Diary
1. Major Indexes had a mixed showing as $RSP -0.06% and $IWM -0.78%, but $QQQE +0.49%.
2. $NVDA +24.37% spectacular fiscal Q2 revenue guidance boosted the Nasdaq, as well as fuelled buying interest in other mega cap semiconductor stocks ie. $AMD +11.2%… pic.twitter.com/UPOpwoRq8p
— Jeff Sun, CFTe (@jeffsuntrading) May 26, 2023
