This archived newsletter is shown as it was sent on October 24, 2024. Any trade result shown is a potential gain on a model position, measured from a recorded entry price to a recorded exit price, with no claim that any member achieved it. Past results do not guarantee future results, and nothing shown here is a recommendation to act today.
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Election Edge Trading Weekly Options!
The upcoming U.S. election and its potential impact on the stock market with candidates like Kamala Harris and Donald Trump offering vastly different visions for the future, you may be wondering how this affects you as a trader?
Nvidia shares were marked 2.5% higher in mid-day Monday trading to change hands at $138.22 each, giving the stock a market value of $3.39 trillion.
The upward trajectory of AI chip stocks is a positive sign for AI hardware spending that assuages Wall Street’s concerns of a near-term slowdown on investment.
Recent strength came after CEO Jensen Huang said Nvidia’s Blackwell chip “is in full production,” and that demand for it “is insane.”
Weekly Options USA is a publisher of general trading research and education, not a registered investment adviser or broker-dealer. Everything we publish is general information only, never personal advice or a recommendation tailored to you, and you make your own trading decisions. Options trading carries substantial risk, including leverage, volatility, and the loss of your entire investment, and is not suitable for everyone. We guarantee no profit, accuracy or outcome. Past performance, including any results shown on this site, does not guarantee future results. Only trade with money you can afford to lose.