Stocks End Mostly Higher Last Week, Earnings, The Fed, And Inflation On Tap For This Week

On TBUZ TV Today: 4435 Pivot 4455 Resistance 4417 Support Opens: 2023 3895.00; 3rd Quarter 4485.50; Month 4608.75 Sunday Night Recording: https://vimeo.com/856260200/e80edb8471 Special Launch on Tuesday for Every Day Income at 1:00pm ET

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Market Review: NVDA At the end of the day on Monday NVDA was up 8.47%. If you were wondering where the rally was getting the power. This morning in Pre-Market trading NVDA is pushing higher yet again. The high this year in NVDA was 480.88 from July 14, 2023. That high could be challenged soon. There is an old saying that a rising tide lift all boats. NVDA is that rising tide. They do report earnings on the 23rd of this month. There is another old saying associated with news-based events. We can leave that one aside for the time being. What this means for the overall market is that the optimism heading into NVDA earnings has stopped the daily downtrend. In fact, in overnight trading ES futures have already surged past yesterday's high. Last week's high in the ES was 4517.75.

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Current version of RoadMap 8-14-2023

Major Events: Aug 23 Flash Manufacturing and Services PMI Aug 25 Consumer Sentiment Aug 29 Consumer Confidence and JOLTS Job Openings Aug 30 ADP Employment Key Numbers Opens: Above or Below 4617.75 is the open of the Month 4485.50 is the open of the Quarter 4410.25 is the open 4382.50 is the open of the Week 3895.00 is the open of 2023

What's Hot and Not! NVIDIA Corporation (NVDA) NVDA reports after the bell on Wednesday. The year NVDA opened at 148.51. They opened the 3rd quarter at 425.17. The August open was 464.60. NVDA's high of the year was set in July at 480.88. The low of this quarter was set in August at 403.11.

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