NVIDIA Just Took the Throne — But Recession Fears Are Lurking 👑📉

Our Daily Market Recap Is Powered By

Money Machine Newsletter

📈

📈 Market Snapshot:

• S&P 500: 🔺0.58% — steady climb on jobs optimism

• Nasdaq: 🔺0.81% — $NVDA carries the torch

• Russell 2000: 🔺1.5% — small caps finally step up

💣 Big Headline:
$NVDA just surpassed $MSFT to become the most valuable company in the world — $3.44T and counting. The AI king is now on the throne.

🧠 T&G Breakdown:

• Labor data strong, but don’t ignore wage pressure

• Tariffs back in the spotlight — GDP forecasts slashed

• Options flow is wild: $FSLR and $SPY block trades raising eyebrows

• Dark pool moves in $SPY and $IWM hint at hedging before Friday jobs print

📊 Actionable Levels to Watch:

• $SPY resistance near $594

• $NVDA watching $1420 for continuation

• IWM breakout watch above $211

🔥 T&G Take:
Ride momentum, but don’t trust it blind. Friday’s NFP could blow this wide open.