NVDA

Nvidia Corp

dow jones

Dow Jones Industrial Average Today Reacting to Possible Agreement to Prevent Government Shutdown

The Dow Jones Industrial Average was flat in premarket hours as investors continue to monitor developments on trade between the United States and China.

Chinese President Xi Jinping is scheduled to meet with U.S. trade officials as both nations try to strike a deal to avoid higher tariffs.

Also, investors continue to cheer news of an agreement to prevent a government shutdown and data showing lower inflation levels in the U.S. economy.

Here are the numbers from Wednesday for the Dow, S&P 500, and Nasdaq...

Trading Strategies

Buy This Winner Now, and Take Profits Before Wall Street Catches Up

There are times when a company becomes the best-known representative for its sector, for better or worse.

It happened with Nvidia Corp. shares more than a year ago as any mention of the semiconductor sector was prefaced or followed with talk of Nvidia. For those of you doing this long enough, Intel used to be the face of the Semis.

Anyhow, I bring this up because everyone's focus on Nvidia's poor performance has cast a cloud over the rest of the semiconductor sector, a group that is wildly outperforming the rest of the market.

Here's the thing – Nvidia is trading 10% higher for the year, but you would think that it was down 25% the way that analysts and the media talk about the stock.

Truth is that the stock is potentially in one of the most powerful stages of a rally: the "disbelief" stage.

This sweet spot in a stock, sector, or market rally happens when investors are still shell-shocked from the last round of selling and are too nervous to jump on the bull that's already started to run.

Let's take a look... Full Story

Trading Strategies

How to Hedge Against Another Big Down Day

Wall Street would have you believe that the most effective way to hedge against unknown market risk is to diversify your portfolio.

The theory is pretty elegant – or at least it's supposed to be.

Spread your money around, they say, and you'll reduce your risk because "everything can't possibly go down at once."

Problem is, that's a load of self-serving hooey.

Today's markets are more correlated than they've ever been, thanks to a witches' brew of computerized trading, exchange-traded funds, and leverage.

You've got to do something different if you want to get ahead...

Bitcoin

Bitcoin's Death Spiral (and What to Buy Instead)

Turkey wasn't the only thing getting roasted over Thanksgiving.

Bitcoin hit a low of just $3,550.04 per coin on Nov. 25. That means the once-vaunted cryptocurrency has now lost a staggering 82.13% of its value since hitting $19,870.62 a coin last December.

Just this month alone, Bitcoin's off 44.55%!

There are all kinds of reasons being bandied about in the press about why it's happening. Everything from low-trading volume to potential regulation are being cited as causal factors.

The real reason is far simpler...