Market Report Aug 09 2022

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Market Report for Aug 09 2022

S&P 500 and Nasdaq Daily Charts


A flat to bearish session on Monday saw the market lose the premarket strength after the first hour and throughout the session until the last hour of trading.

The S&P is still testing its resistance level while the Nasdaq is still dealing up the resistance turned support.

A morning headline stated NVDA lowered its Q2 guidance which saw the stock lose 6% during the session.

All eyes awaiting the CPI data on Wednesday.

Stock Market Price And Percent Changes

Let’s go trade!