Hey traders, it’s Bryce here.
Welcome to the post-NVDA split market …
The much anticipated 10 for 1 split went off without a hitch last weekend. On Monday, June 10, NVIDIA Corporation (NASDAQ: NVDA) shares were trading around $120 each.
A far cry from the previous $1,200 per share of just a week earlier.
Thus far, the NVDA chart hasn’t changed much. Take a look at the price action below, every candle represents one trading day:
NVDA chart multi-day, 1-day candles Source: StocksToTrade
But … We’re approaching a volatile week that’s sure to move market prices.
The May CPI (inflation data) is set to be announced during pre market hours on Wednesday, June 12. And that afternoon, the FED is scheduled to announce an interest-rate decision.
There are two major factors influencing the market right now:
- Inflation.
- AI business success.
And with the NVDA split out of the way … All eyes are on this week’s Wednesday economic data.
After which, on Thursday June 13, there’s an even bigger catalyst set to hit the market.
Perhaps you recognized the market strength:
- During the EV sector run.
- During the space-race sector run.
- And now the AI sector run …
It’s related to artificial intelligence! But the catalyst is slightly different.
Here’s what you need to know:
Follow The Musk Man:
The three sector runs that I mentioned earlier, Elon Musk was early for each move.
- EVs: TSLA
- The space race: Space X and Starlink
- AI: Neuralink/autonomous vehicles
And recently, the legendary entrepreneur shifted his gaze to a new sector.
Only Have 1 Hour to Trade a Day?
Bryce Tuohey is using a strategy where he’s done trading by 10:15am.
And here’s just some of his recent wins: 60.78% gain at 9:32 am, 52.17% gain at 9:39 am, 60.0% gain at 9:30 am, 166.67% gain at 9:38 am.
He’s making most of his trades within an unusual 15-minute “sweet spot” each morning.
My fellow trader and mentor, Tim Bohen has all of the details … And we’re not the only ones who recognized this shift.
According to Morgan Stanley, this is a $10 trillion opportunity that piggybacks on the already red hot AI momentum.
Now, this is important: We’re waiting for the FED to announce the interest-rate decision on Wednesday because the news could drastically impact the pace of the newest sector that’s gaining momentum.
Thursday is maybe the last opportunity traders have to recognize this opportunity before the market completely explodes!
Take a look at Tim Bohen’s short-hand analysis below. And make sure to RSVP for Thursday’s briefing:
When the market opens at 9:30 A.M. Eastern this Friday … It’s every man and woman for themselves.
Make sure you’re prepared for this sector rush before the starting bell rings!
Cheers,
Bryce Tuohey
*Past performance does not indicate future results