May 7 Nvidia shares move higher as tariff restrictions on China are expected to be eliminated

$ANET $CPNG $DUOL

Market

“The negotiations and meetings that Nvidia CEO Huang had with the administration seems to have paid off as restrictions on chip exports to China were eliminated” 😊 😋

Stocks were marginally higher, as the Fed ruled out preemptive rate cuts

Fed chairman Jerome Powell ruled out cutting rates preemptively in anticipation that tariffs will raise prices and inflation, seeking to wait for data. Powell said that US negotiations will have a material impact on economic outlook.

Our subscription service gives specific entries and exits for both long term holds and swing positions. You should subscribe.

Insights from the portfolio

Video of the day

Today’s video is on Duolingo $DUOL the learning app.

Deep dive of the day

Good setups for swing