The markets experienced a triple witches day on Friday, leading to concerns about the outlook following a massive sell-off of Nvidia (NVDA) stocks. Julian Emanuele, a Senior Managing Director at Evercore ISI, discussed how all of this is related to the broader market, which has remained generally resilient in this week’s trading. Despite the recent … Read more
On Friday, the Nasdaq Composite outperformed the S&P 500 and the Dow Jones Industrial Average, with a 0.2% increase compared to the flat performance of the S&P 500 and a slight 10-point drop for the Dow. It’s a volatile day for the market, with only a small number of S&P 500 stocks expected to rise. … Read more
Nvidia stock is set to face a major test on Friday with the ‘Triple Witch’ options expiry event. The company’s stock has been on a rally recently, but this event could potentially have an impact on its performance. Investors will be watching closely to see how the stock reacts as options contracts expire. This event, … Read more
Nvidia, a tech company known for its graphics processing units, is facing a test on Friday with a record “triple witching” options expiry. This event, which occurs quarterly, involves the expiry of stock options, index options, and index futures on the same day. This convergence has the potential to create increased volatility in the market … Read more