Buy the NVIDIA Dip with ETFs?
NVDA reports robust second-quarter fiscal 2025 results but fails to meet investors' lofty expectations. Investors should buy the dip with ETFs.
NVDA reports robust second-quarter fiscal 2025 results but fails to meet investors' lofty expectations. Investors should buy the dip with ETFs.
According to BlockBeats, the measure of pending home sales in the United States fell to a historic low in July due to high prices and borrowing costs. Data released showed that the index of signed contracts dropped by 5.5% last month to 70.2, marking the lowest level since 2001. This decline exceeded economists' general expectations, reflecting a decrease in sales across all four major regions.Lawrence Yun, Chief Economist at the National Association of Realtors (NAR), stated in a release, 'The positive impact of job growth and increased inventory cannot overcome the challenges of affordability and a certain degree of wait-and-see attitude related to the upcoming US presidential election.' For nearly two years, the second-hand housing market has been sluggish due to high borrowing costs and insufficient inventory. Although mortgage rates have fallen to their lowest level in over a year this month, high home prices and limited inventory continue to deter potential buyers, who may still be waiting for even lower rates. Yun noted that a decrease in mortgage rates would undoubtedly attract buyers back into the market.
The US Dollar continues to see a lot of noisy behavior, as the market is going to be asking questions about the reality of central bank policy is going to be a scenario where the Bank of Japan cannot continue to be as tight as they are pretending.
The Aussie continues to rally against the US dollar, as it continues to see a lot of selling pressure. Ultimately, this is a market that is now pressing against a major barrier, and this is a market that will have a lot of work to do at this point in
Beating the S&P 500 isn't easy — and usually requires speculation. But this year, a literally rock-solid investment is topping the global stock benchmark.
Financial experts from ING discussed the current state of the U.S. dollar, suggesting that it is undergoing a phase of bearish consolidation rather than a significant decline....
- The U.S. dollar edged higher Thursday, bouncing off recent lows ahead of a series of key economic readings, while the euro retreated. At 04:10 ET (09:10 GMT), the...
As employees return from vacation and the summer season draws to a close, we can expect a gradual increase in trading activity.
-- Most Asian currencies firmed on Thursday, albeit slightly, as a rebound in the dollar stalled ahead of key economic readings that are likely to factor into the...
-- Most Asian currencies firmed on Thursday, albeit slightly, as a rebound in the dollar stalled ahead of key economic readings that are likely to factor into the outlook for interest rate cuts.