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Nvidia – NVDA
Morgan Stanley Reaffirms Nvidia as Top AI Pick Despite DeepSeek Concerns
Nvidia (NVDA, Financials) shares rose 2.5% to $127.90 as of 12:36 p.m. ET on Thursday, after Morgan Stanley (MS, Financials) reiterated its bullish stance, viewing the recent DeepSeek selloff as a buying opportunity.
Analysts at the company insisted that Nvidia remains in a good position in the AI scene despite mounting worries about competition dangers and long-term investment impediments.
In my opinion, before it can break above 130 it is all water under bridge – and maybe even Morgan got too deep into it…so never a bad idea to get rid of some of it on any rally…But that’s just my speculation 😀
NIO Inc.
There are lots of talks about Nio future and a possibility that it can outperform the broader market in the near term. But those are market chatters , wishful thinking and speculations that are coming from Nio itself, those that are holding its stocks and some that would like to jump on the Upwards train if it leaves the station.
What I see on the charts is that it entered a sideways really in last 3 weeks.
It is possible for Nio to change the direction and starts its journey to fame and fortune, but do not forget that one wrong word is enough to send it to oblivion – not to mention sentences about Tariffs and similar…
So stay put and wait for this sideways to end and new Daily trend emerge.
DAX – GER30
And here it comes – Hero is just below 22.000 ( high so far 21.921 )
Now things are going to become very tricky.
I must repeat aout probability – more and more probability goes in favour of a sizeable correction.
I have started calling for 22K from the moment DAX broke above 21K – hope it is clear from my charts what was the logic.
Last night I mentioned this possibility , with a great probability for a sudden drop from here – so let’s see what happens tomorrow.
Technically – if it breaks above 22.000 and stays above for couple of days, this top channel will be in play.
USDJPY DAILY CHART –  ENTERING THE STICKY ZONE
The break of 153.15 leaves a black hole on the downside with the psychological 150 and 149.35 standing in the way of key support until 148.61.
Only back above 152 would postpone the risk.
This suggests 150-152 has potential to be a sticky zine.
Next up: US January jobs report on Friday. With lower US bond yields a weight on USDJPY, use the 10-year 4.50%
yield as a pivotal level  (meaning below 4.50% is a USDJPY negative). .
Here are BOE GOV Bailey’s comments… as we noted after the rate cut deciaion the 9-0 vote was a trigger to sell GBP. Bailey just downplayed it. As always, the reaction to the news is what matters.
Source: Newsquawk.com
Newsquawk reported this a little while ago and it has since been doing the rounds,,, not ckear whether this is a factor but XAUUSD has retreated further from yesterday’s 2882 high
Source: Newsquawk.com
EURGBP 4 HOUR CHART – MIND THE GAP
Continuing the pre-BOE rebound that started yesterday.
Entered the opening week gap, top still at .8355
.8345-55 looks like a sticky zone that includes the PIVOTAL 8350 level, which is so fat the high of the day..
Watch the cross for clues after the BOE decision.
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