Daily Market Report June 26th

Well, well, well – after the 13% downside correction for NVDA, it finally got its act together yesterday and made a nice upside recovery yesterday on huge volume of 400 million shares.

This led to a reversal of the recent pattern where the Dow gained strongly for three sessions while the Nasdaq and S&P got sold off to narrow what had been the historic separation between these items as already mentioned in prior emails.