Dale Smothers “called” the 5,800 level in the SPX as people are “reassessing their risk.” He reacts to the “big, beautiful bill” the House just passed that dramatically increases the debt limit and ups the national deficit. He’s looking for upside in Nvidia (NVDA) and Apple (AAPL), saying “this is the time to buy” as the shares dip, but also likes CoreWeave (CRWV) as an A.I. developer.
Trading 360
22 May 2025
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