In this edition of StockCharts TV's The Final Bar, Dave recaps an epic rally in mega cap growth stocks, with NVDA up over 6% and META threatening a new 52-week high. Dave highlights how gold and bond prices continue to rise in the face of stronger stocks, and breaks down key levels to watch for the S&P 500, NVDA, MPWR, SBUX, and META.
See Dave's chart of YTD returns for gold vs. stocks here.
This video originally premiered on August 13, 2024. Watch on our dedicated Final Bar page on StockCharts TV!
New episodes of The Final Bar premiere every weekday afternoon. You can view all previously recorded episodes at this link.
About the author:
David Keller, CMT is Chief Market Strategist at StockCharts.com, where he helps investors minimize behavioral biases through technical analysis. He is a frequent host on StockCharts TV, and he relates mindfulness techniques to investor decision making in his blog, The Mindful Investor.
David is also President and Chief Strategist at Sierra Alpha Research LLC, a boutique investment research firm focused on managing risk through market awareness. He combines the strengths of technical analysis, behavioral finance, and data visualization to identify investment opportunities and enrich relationships between advisors and clients.
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