Nvidia (NASDAQ: NVDA) stock has been regularly setting records, reaching new all-time highs almost daily on a seemingly unstoppable upward trend. However, one recent milestone is that NVDA reached a weekly RSI above 90.When the RSI surpasses 70, it typically indicates sell signals, suggesting that a security is overbought or overvalued. An RSI above 90 may indicate a potential price decline for NVDA shares.Weekly RSI above 90 for NVDA stock. Source: TrendSpider Insiders sold over $180 million of NVDA stock ...

In October 2022, the semiconductor giant Nvidia (NASDAQ: NVDA) entered into a new phase in the stock market which has seen its shares do little other than rise. Indeed, starting the period at approximately $120, NVDA rose over the 15 months to an impressive $926.69 at the latest close on March 7, 2024.The boom was generally driven by Nvidia’s continuous benefiting from the ongoing artificial intelligence (AI) boom in a manner likened by a study published by one Paris-based IT company to the shovel-selling d ...

The recent stock market investments of US Representative Nancy Pelosi have been gaining prominence in recent weeks, with her portfolio going up an astounding 91% in the last year alone. However, this momentum could be coming to halt in at least one stock, as her latest Palo Alto Networks (NASDAQ: PANW) options trade is off to a less than spectacular start. The Palo Alto Networks options tradeAs Finbold reported, Pelosi recently purchased call options of the cybersecurity firm with a $200 strike price expiri ...

Nvidia (NASDAQ: NVDA) stock keeps climbing, reaching new all-time highs daily. Traders are left wondering if there’s a limit to its gains, or the sky’s the limit for this semiconductor stock.Tench Coxe, Nvidia’s third-largest shareholder, recently decided to cash in on his holdings by selling 200,000 NVDA shares, totaling $170 million.According to Barchart, he acquired these shares in 1997, before Nvidia’s IPO in 1999, when shares were priced at $0.82 each. Since then, they have surged by an incredible 108, ...

Stock market activities of U.S. elected officials have been steadily becoming a more prominent and contentious topic in recent years.The overall trading successes of members of Congress – as evidenced by the staggering returns generated by trading bots that mimic their investments – have, in fact, led many to believe that they have heavily engaged in insider trading.With regard to the most prominent – though not the most successful – trader in Congress, Nancy Pelosi, this much was explicitly stated by the “ ...

In recent years, there has been a steady rise in the importance of the semiconductor industry and a steady rise in the size of companies operating in the sector. The trend became particularly evident after the start of the ongoing artificial intelligence (AI) boom in late 2022 and no company is more emblematic of the growth than Nvidia (NASDAQ: NVDA).Still, not all firms have managed to fully leverage the current industry environment. While NVDA and Advanced Micro Devices (NASDAQ: AMD) saw a 2024 stock mark ...

The stock price of Broadcom (NASDAQ: AVGO), a manufacturer of semiconductor and infrastructure software products, has experienced a positive start in 2024, primarily fueled by the hype surrounding artificial intelligence (AI). While it hasn’t delivered an outstanding performance like some of its competitors, such as Nvidia (NASDAQ: NVDA), AVGO remains a focal point for investors, particularly in assessing how significantly AI will impact the company’s prospects.Year-to-date, AVGO has surged by approximately ...

Artificial intelligence has dominated the past year, revolutionizing numerous industries and driving semiconductor stocks to unprecedented heights. Micron Technology (NASDAQ: MU) appears poised to be the next beneficiary of this trend.If we examine the yearly price chart for Micron stock, we can spot the beginnings of a potential inverse head-and-shoulders pattern, which often suggests a forthcoming reversal of the downward trend, as suggested in X post by stock tracker TrendSpider on March 6.Micron stock p ...

Even if you’re as shrewd a trader as Warren Buffett or have a substantial investment portfolio like Bill Gates, it won’t guarantee success against insider trading. And Dan Meuser is regarded as one of the most adept insider traders in US politics.Namely, In terms of portfolio performance for the current quarter, there are notable variations among prominent investors: Warren Buffett +0.9%, Ray Dalio +6.2%, George Soros +6.2%, Bill Gates +9.9%, Carl Icahn +10.3%.However, U.S. Representative Dan Meuser stands ...

Although the stock market has slightly retreated following the comments from a Federal Reserve policymaker reflecting a lack of urgency in cutting interest rates due to the economy’s strength, the premium of growth stocks relative to value stocks has grown to a level witnessed only twice before in history.Specifically, the valuation of high-growth stocks has grown 120% in relation to value stocks, regardless of the sector, which is close to the extent seen just two times before – during the dot-com bubble a ...