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Podcast: The Dividend Cafe
Episode: The DC Today - Thursday, August 24, 2023
Description: Today's Post - https://bahnsen.co/44urVw5
Nasdaq futures were up over 1% this morning with technology exuberance following NVidia’s big earnings beat last night (the stock itself was up 10% pre market). So why did the stock end up closing just flat? Valuations do matter. We talk about it often but excitement over AI or other shiny object parts of the market get priced in with lofty expectations almost always well ahead of any reasonable realities (aka buy the rumor sell the news).
Down day in markets overall in a wide trading range on they da...