Nvidia continued to struggle to get past the 50-day moving average Wednesday morning, after a stellar performance last week. Nvidia stock gained 16% last week and erased the previous week's 14% loss. Timing your stock purchases can surely improve gains.
Stock Market Today: The Dow Jones fell ahead of the Fed's interest rate cuts and Powell's comments. Nvidia stock is below a key level.
Among September developments for AI stocks: Apple's Glowtime event, Goldman Sach's Communacopia and Salesforce's DreamForce user conference.