NIVIDIA'S NEW CHIP DRAGS NASDAQ HIGHER

                                                                                                           Right or Right Out!

                                                                        Market Insights Newsletter - Special Daily Edition

For Trading January 9^TH

                                                                                                                         NVDA’S NEW CHIP LIGHTS THE FUSE

BIO/PHARMA DEALS

BITCOIN + $2,920

Nvda’s new GAMING chip with “Ai Superpower” announcement took the stock to a new all-time high at $526.10 (so far) and that is the last + 35.13 7.18%. This gave a short-term oversold NASDAQ a reason to rally, and rally it did! NASDAQ was the biggest winner +319.69 (2.2%), followed by the Russell +37.86 (1.94%), the S&P-500 +66.30 (1.41%), DJ Transports +137.29 (.89%) and the DJIA +216.90 (.58%). Volume was 6.3Billion shares traded with the A/D 3:1 on the NYSE and 5:2 on the NASDAQ.

There were 3 deals in Bio/Pharma with MRK buying HARP, JNJ taking AMAM, and BSX and AXNX all for cash prices.  The group has gotten a lot of attention as some of the big guys look to replace their pipeline as patents expire!

Our “open forum” on Discord, which allows you to interact with subscribers and others to allow direct questions and chart opinions on just about any stock, continues to grow with more participants every day. It is informative and allows me to share insights as the market is open and moving. The link is: https://discord.gg/ATvC7YZ and I will be there and active from before the open and all day. It’s a great place to share ideas and gain some insights, and we’ve grown to almost 3000 members.

Tonight’s closing comment video: https://youtu.be/UC33ClXzhkc

SECTORS: Most of my sectors we wereHIGHERtoday with only the Energy and Defense sectors showing loses !

WORK FROM ANYWHERE:WASHIGHERWITH ETF, WFH $53.20 +1.22 (2.35%)

Biggest gainer: CRM +3.88%     Biggest Loser: PTON - 2.68%

INFRASTRUCTURE:wasHIGHERwithETF, PAVE $33.74 +.35 (1.05%).

Biggest Gainer: HASI +3.78%                Biggest Loser: FLR -.16%

AIR & CRUISE LINES:wereMIXEDwithETF, JETS $19.15 +.38 (2.02%)

Biggest gainer: AAL +7.50%                         Biggest Loser: NCLH -.51%           

FOOD SUPPLY CHAIN:wasMIXEDwith ETF, PBJ $45.73 +.33 (.73%)

Biggest Gainer: BGS +2.53%                                  Biggest Loser: GIS -.54%

BIO-PHARMA:wasHIGHERwith ETF, IBB $139.39 +3.27 (2.40%)

Biggest Gainer: HARP +111%             Biggest Loser: REGN -1.22%

CANNABIS:wasMIXEDwith ETF, MJ $3.44 UNCH.

Biggest Gainer: CGC +5.28%                   Biggest Loser: CURLF -3.65%

DEFENSE:wasLOWERwith ETF, ITA $121.36 – 2.48 (2.00%)

Biggest Gainer: AXON +4.87%        Biggest Loser: AXON -7.81%

RETAIL: wasHIGHERwith ETF XRT $70.62 +1.22 (1.76%)

Biggest Gainer: DDS +7.85%                     Biggest Loser: CPRI -.39%

FINANCIALS:WEREHIGHERwith ETF, XLF $37.98 +.23 (.61%)

Biggest Gainer: SOFI +4.50%   Biggest Loser: AIG -1.14%

MEGA-CAP & FAANGwereHIGHERwith ETF XLK $188.69 +4.57(2.48%)   

BIGGEST GAINER: NVDA +7.10%       BIGGEST LOSER: BA -2.48%

A.I :stockswereHIGHERwith the ETF: BOTZ $27.74 +.90 (3.35%)

BIGGEST GAINER: BBAI + 12.90% BIGGEST LOSER: CXAI -3.31%

METALS:wereHIGHERwith the ETF: XME $58.51 +.34  (.58%)

BIGGEST GAINER: SCCO +2.29%         BIGGEST LOSER: IMPUY -1.76%

ENERGY: $70.77 – 3.04  We had solid rally early todaythat took us as high as 73.64 before we turned down and closed near the lows, making it look like we’re headed for yet another test of support! The stocks however in the XLE showed gains finishing $83.51 -1.17 (1.38%).

NAT GAS: $2.98 + .09.Nat Gas has collapsed from $9.98 to a low of $1.967 since late November. This decline of over 75% SEEMS to have found some support down around the $2.00-2.75, and it currently looks like it will continue to try for higher price, but as long as the weather remains temperate, prices won’t make much progress.

BITCOIN: $47,305 +2,920Last week’saction showed that Crypto is managing to overcome the questionable player in the field along with more mainstream adoption and participation and possible regulation to remove the Wild West history of this market. I look for it to go higher from here over the intermediate and long term! GBTC finished the day at $39.06 +1.90 and our open position in ETHE finished at $18.85 -.50.

Tomorrow is another day.

CAM

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