Weekly Market Overview Market Weekly Analysis: A Rally on NVDA Earnings Amid Initial Pessimism This week, the market experienced a significant rally, largely buoyed by the earnings report from Nvidia (NVDA). Despite starting the week with a general sense of pessimism across the broader market and specific concerns regarding NVDA's price action, the post-earnings environment saw a broad covering of shorts, propelling the market upwards. The NASDAQ 100 (NDX) gained 221 points, the S&P 500 (SPX) increased by 83 points, and the Dow Jones Industrial Average surged by 503 points. However, the Russell 2000 (RUT) experienced a slight decline, dropping by 28 points. Remarkably, for the SPX, this marks the sixth week of gains out of the eight weeks completed this year, signaling a strong bullish trend. Trend and Future Prices Over the past three months and the last t
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