Nvidia Joins the Dow, What’s Fueling the Bull Market & Warnings About Equity Index Annuities
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Nvidia Joins the Dow, Market Fuel & Equity Index Annuities In this week’s episode, the Money Wise guys discuss Nvidia’s addition to the Dow, what will continue to fuel the current bull market, and last week’s numbers from Wall Street. The Dow was up 2.0%, the S&P 500 was up 1.7%, and the NASDAQ was up 1.7%. YTD the Dow is up 17.5%, the S&P 500 is up 25.1%, and the NASDAQ is up 26.6%. The guys begin the show by discussing Nvidia’s (NVDA)  recent addition to the Dow and how it is likely to help keep the Dow more in line with the other major indexes. Nvidia earnings also came out last week, and the Money Wise guys discuss what happens if the company can’t fulfill demand in the way the market expects. They dig further into Nvidia’s performance in recent years, discussing how you’d likely have to go back to the dot-com era to find another company that has gone this far this fast - and after being completely unloved by Wall Street before the AI boom, too. The guys also discuss trends in market breadth and what will continue to fuel the bull market. Nvidia Joins the Dow - Why It Matters In this episode, the Money Wise guys spend time discussing how the Dow has differed historically from the other major indexes. They discuss the differences in an index being price-weighted, like the Dow, and market-cap weighted, like the S&P. They also share why the addition of Nvidia should make the Dow more competitive with the other major indexes. For more on Nvidia replacing Intel in the Dow, check out resources here and here. In the second hour, the Money Wise guys pull back the curtain to share What Wall Street Won’t Tell You. You don’t want to miss the details! Tune in for the full discussion on your favorite podcast provider or at davidsoncap.com, where you can also learn more about the Money Wise guys or take advantage of a portfolio review and analysis with Davidson Capital Management.
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