Jason Hunter – Charm

Nvidia trading at reasonable price despite hitting all-time high last week

The S&P 500 level Wall Street is watching to decide if the uptrend is intact

The stock market is getting choppier, but JPMorgan thinks the upward trend in equities is still in place. For now. Technical strategist Jason Hunter highlighted the 50-day moving average on the S & P 500 as the key level for the benchmark to hold. According to FactSet, the S & P 500’s 50-day sits at…

Here are the AI stock charts that still look good, according to JPMorgan

Cs news11 months ago11 months ago08 mins

JPMorgan has a few key price levels it’s watching on the biggest artificial intelligence stocks in the market. The transition to early fall is a seasonally weak period for U.S. equities that could weigh on technology and growth names. With any swing against bellwether stocks such as Nvidia and Microsoft likely to dampen broad market…