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August 30, 2024

Buffett’s $1 Trillion Milestone (And the Lesson for Traders)

Hey, it’s Ross Givens here with the Chart of the Day. Nvidia just reported jaw-dropping numbers—122% revenue growth and 168% earnings growth, both ahead of analysts’ estimates. But when trading opened on the Frankfurt Stock Exchange, which is 7.5 hours ahead of the U.S., NVDA gapped down 7% despite these blockbuster results. Even after a solid prior day, the market’s reaction was sharply negative. This unexpected move highlights a crucial lesson for traders—a lesson I dive into in today’s Insight of the Day. Don’t miss it.

August 30, 2024 No Comments

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