Market Focus: Nvidia Powell speaks! (one)

Following the last drop,#BTCis back in sideways mode, what is the market waiting for? Up or down?

1. NVIDIA (NVDA)

On the 23rd, NVIDIA announced its Q2 financial report. As the hottest AI hotspot and the largest hardware supplier, its financial report can excite the market. Q1 revenue: 67 expected 112, Q1 net profit 6.56 expected 42.2, let’s see what Q2 delivers this time Let’s look at the data. If the data is good, the stock price will rise and drive up the U.S. stock market. This influence is certain. If the data is average, the U.S. stock market will basically show a short-term downward trend. How high it can rise depends on the direction of the U.S. economy.

2. Master Bao’s speech

Master Bao’s speech at the Jackson Hole annual meeting is the top priority of this meeting. At last year’s annual meeting, Master Bao’s promise to fight historically high inflation directly sent away the rising US stocks, which continued to decline for N months. In view of the current situation The U.S. core CPI annual rate is still around 4%, and the market will pay close attention to Friday's speech to understand whether the FOMC believes that further interest rate hikes are currently needed or that interest rates should be higher and last longer to achieve the 2% inflation target.

#A9社区 Trend Trading Team

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