Trading Tips With Jim Stromberg Jim Stromberg

With minimal resistance ahead, Nasdaq appears poised for further gains following last week's 2.85% increase. While buy signals are on the rise across various markets, they have yet to reach overbought levels.

In the $1000 challenge, the investment in Astria Therapeutic (ATXS) made last Monday at $15.61 is currently experiencing a 3% loss, bringing the challenge balance to $2.148.

Stay tuned for this week's market updates!

This week it will be all about FED and Nvidia as the market is battling for the next direction. First out is Nvidia presentation on Monday, while FED and Powell will give market update on Wednesday. Xpeng to give quarter results on Tuesday and can this spark some fire in EV again?



Snap was sold last week with a profit of 6.73% leaving $2.244 in the $1.000 challenge war chest. This week the bet is into a company that already has had an amazing upturn.



Tune in to this week's trading podcast with Jim to see what this week's bet is.

This week will be all about FED and Nvidia as the market is battling to move in the next direction. First out is the Nvidia presentation on Monday, while FED and Powell will give a market update on Wednesday. Xpeng will give the quarter results on Tuesday. Can this spark some fire in EV again?


Snap was sold last week with a profit of 6.73%, leaving $2.244 in the $1.000 challenge war chest. This week, the bet is on a company that already has had a fantastic upturn.


Tune in to this week's trading podcast with Jim to see what this week's bet is.

© 2024 StockInvest.us from UAB "Exigam"

🚨 Disclaimer: This video is for informational purposes only and is not financial advice. Always consult with a professional financial advisor before making investment decisions.

#StockMarket #TradingStrategy #nvidia #fed #Inflation #EnergyPrices #GoldmanSachs #MorganStanley #WeeklyJobNumbers #StockInvestment #NIOStock #StockMarketAnalysis #StockMarket2024 #TechnicalAnalysis #CryptoUpdate #BitcoinTrends #Investing #FinancialAdvice #MarketPredictions"

On Wednesday, Powel and the Fed will give some insights into their thinking for 2024. No big surprises are expected as the forecasted decline in interest rates is pushed to the second half of 2024. But the market will pay close attention to the wording as Nasdaq is at a new all-time high.



The trade into Snap is going slow, but there are signs that things may happen this week. With little resistance before $14, the right mix can make for a strong return.



This and much more in this week's Trading Tips With Jim

In the hunt for the next double, the bet went on SNAP last week, but it has not yielded so far. Is SNAP up for the challenge this week, or will it be a bust?

This is one of the many questions as we go into a week where Nasdaq will test the 16.000 resistance, and LI and Costco will release their quarter results.



Tune in for this week's shortened Trading Tips With Jim podcast.

AEHR sold with 23.18% profit marking the first successful doubling where $1.000 has turned into $2103.55 in the $1000 podcast challenge. This week's bet will be on a re-bounce trade as the hunt for the next double at $4.000 begins.

As the quarter season ends, Nvidia, Walmart, and Home Depot will release their quarter results this week. While the main focus will be on Nvidia, Walmart, and Home Deop will give insight into consumer health and the import CEO statements about the expectations for the future.