Financial Markets Report For Thursday, Nov 20

Ipad, Online, Tablet, Internet, Screen, Digital

Image Source: Pixabay
 

In this video, Ira Epstein describes a tumultuous day in the financial markets, highlighting the significant volatility experienced, particularly with NVIDIA (NVDA), which saw a sharp decline after an initial rise. He notes that his traders were fortunate to have no positions during this upheaval, and he discusses potential opportunities in the gold market while expressing concerns about high energy prices.

Epstein also mentions upcoming economic indicators, including the U.S. PMI and consumer sentiment indices, and reflects on the contrasting earnings reports from Walmart (WMT) and NVIDIA. He observes a broader market correction, with some assets like Bitcoin experiencing significant losses, and speculates on geopolitical influences affecting energy prices.


Video Length: 00:11:39


More By This Author:

Metal Markets Report For Wednesday, Nov 19
Financial Markets Report For Wednesday, Nov 19
Metal Markets Report For Tuesday, Nov 18
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.