Market Notes for 2/26-3/1
Recap of last week: Our market forecast hinted at a possible "sell the news" scenario following NVDA's earnings. However, traders front ran and sold prior, causing a market decline before NVDA's report. NVDA's earnings exceeded expectations, triggering a significant market rally. The market surged to new all-time highs, diverging from the anticipated trend of consecutive red weeks for the first time since October which renewed bull optimism.
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