Three Technology Stocks in Make or Break Scenarios

08.27.24: Final Bar host David Keller, CMT focuses in on three key charts to watch in the technology sector as investors anxiously await NVDA earnings and Friday's inflation data. He also shares two important charts for tracking improving market breadth conditions and highlights the continued weakness in retail and entertainment stocks.

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00:00 - Welcome to the Show
02:00 - Market Recap
07:53 - S&P 500 Large Cap ($SPX), Invesco S&P 500 Equal Weight ETF (RSP)
14:30 - NVIDIA (NVDA), CrowdStrike Holdings (CRWD)
19:04 - Resmed (RMD), Walgreens Boots Alliance (WBA)

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Past performance is not indicative of future results. Neither the Show Participants
Strategies or investments discussed may fluctuate in price or value.

Investments or strategies mentioned in this show may not be suitable for you and
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[StockChartsTV]

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[titusrider]

Good to have you back safe and sound 😊

[jasonsmith]

Glad you had an awesome vacation! You deserve it, you are a great man Dave! Love your work sir

[jmr]

Nice to have you back and happy to know you had a great time in Ireland, Dave. (My paternal heritage)

Looking at the RMD chart, it closely resembles my own holding in TMDX over the past year. The movement upward has been so stealth. Never any (or much) news but just keeps inching up nearly every day. A pipe dream here but I'd love to see this stock do what SMCI did earlier this year. Yeah, I'm a dreamer but as long as this stock keeps heading upward, I'm hangin' on.

[brooklynnewyork]

Great show as always. Thank you Dave for keeping us on the right side of the road.

[peterpayne]

Hope you had a great vacation! my mother visited a decade ago and she had a great time.

[hankbank]

Thank goodness that more stocks are joining the new 52-week high club for the second half of 2024!

[josevilla]

After that mistake at crowrdstrike, would it be possible for them to have a beat? I’m thinking puts

[tanleproe]

Thank you, Dave. Wallstreet expects +139% EPS on Nvidia tomorrow. The job report of August will be released next Friday. Apple will announce the IPhone 16 with AI on the following Monday. The Fed meeting is on Sep 18th: 25 or 50 basis point? Big news are approaching fast. Get some rest. GL

[KQQLCHEV]

I'm on "hold" until September does what does. The 4th QTR is the best seasonal period ... I'll be looking for BUYS! 😎

[paulinevanderbilt]

NVIDIA always beats. Do you see their CEO?

[KQQLCHEV]

If a stock is below the 50 MA and the 200 MA ... take a walk ... away ~ 😎

[davexiong]

You’re really not telling us anything…ur just reviewing the day