The Amsterdam AEX has a hard time, after Chipgigant Nvidia published its quarterly figures yesterday. Those figures showed that the growth of Nvidia is fine, but investors are worried about the company. This is particularly due to the situation in China, where Donald Trump in particular stands in the way of restrictions.

Nvidia dives down

Although the quarterly figures were good and made it clear that Nvidia continues to grow, investors are concerned about missing China. If that market falls away and there is greater competition from it, then that could threaten the hegemony of Nvidia.

Yesterday the share in the after -fair already fell down by around 3 percent, and today in the front exchange there is again a fall of 1.66 percent on the signs. For example, Nvidia has a hard time after the publication of the quarterly figures.

That also influences the AEX, which is open lower today. At the same time, we see gold remain stable and noting a cautious profit. It seems that investors take something off the table again.

Big picture remains Bullish for AEX

If we look at the big picture, the graph still seems to be sketching a positive image for the AEX. For example, the rates act above all the important EMAS in the weekly graph, and they are also in a bullish formation.

We speak of a bullish formation when the course runs from the short -term variant (so: 21> 55> 100> 200). This indicates that the momentum is stronger in the shorter term, and usually that there is a positive trend.

Although the AEX is struggling, there is still hope for a continuation of the bull market in the big picture.

Source: https://newsbit.nl/aex-koers-daalt-na-zorgen-over-nvidia-maar-grote-plaatje-blijft-bullish/



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