Failed Nvidia Breakout Burns Momo Crowd, Interest Rates Rise On Strong Economic Data
Market Clubhouse Morning Memo - January 8th, 2025 (Trade Strategy For SPY, QQQ, AAPL, MSFT, NVDA, GOOGL, META and TSLA)
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Will the Federal Reserve's meeting minutes release tonight continue to signal a "hawkish" stance?
This meeting summary focuses on the level of disagreement among Federal Reserve officials regarding the persistence of inflation and the degree of weakness in the labor market, as well as discussions about the neutral interest rate rising to a higher level.
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US Stock Outlook | "ADP Employment Report" falls short of expectations! The three major futures indices show slight gains; boosted by AMD's bullish investment, AI startup ABSI rises over 40% in pre-market trading.
According to informed sources, Trump is considering declaring a national economic emergency to launch a new tariff plan; Federal Reserve Governor Waller: supports further interest rate cuts this year; Federal Reserve's Bostic: inflation will gradually decline, policymakers should remain cautious in their decision-making.
Rosenblatt Maintains Buy on NVIDIA, Maintains $220 Price Target
NVIDIA Analyst Ratings
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What signal? Bank of America lowered its rating on Tesla Stocks but raised the Target Price to $490.
① Tesla's stock price fell by 4.06% on Tuesday, closing at $394.36. The Bank of America Analyst downgraded Tesla's rating from "Buy" to "Neutral" and raised the Target Price to $490. ② The Analyst believes that Tesla's long-term market share will reach 5%, making it one of the top ten Auto Manufacturers globally. However, in 2025, Tesla faces execution risks and competitive pressures.
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Jensen Huang took the initiative to befriend Trump and discussed Samsung's HBM and quantum computers.
① Jensen Huang stated he is ready to meet with the elected president of the USA, Trump, and is willing to offer assistance to the new government, especially regarding AI policies; ② Jensen Huang mentioned that Samsung is facing challenges in producing high bandwidth memory (HBM), but he believes it can overcome these challenges, and thinks it may take 20 years for practical quantum computers to emerge.
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