NVDA "Incredible Results" & Mag 7 "Investor Sentiment Incredibly Positive"
Description
Dave Mazza wraps up the week with his takeaways on the Nvidia (NVDA) earnings report. He notes hyperscaler demand for NVDA products as a key focal point, but adds that guidance wasn't "above and beyond" like usual. Technically, he sees $150 as firm resistance and $137 as the interim low on the NVDA chart. As for the rest of the Mag 7 group, Dave highlights antitrust & regulatory concerns facing Alphabet (GOOGL), Microsoft (MSFT) and Amazon (AMZN).
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