Jay Woods on NVDA, Mag 7 Making "K-Shaped Market," SPX Key Levels

By Schwab Network

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Jay Woods of Freedom Capital Markets tells investors to always keep one eye on the AI trade, particularly Nvidia (NVDA) as it taps the door on another new record high. It comes as market breadth across the S&P 500 (SPX) stumbles, though as Jay explains, the upcoming earnings season has opportunity to lift stocks across Wall Street. Meanwhile, the Mag 7 stocks have soared, though Jay has concerns that these stocks reclaiming leadership is creating a "K-shaped market." He then outlines a path for the S&P to reach a new all-time high. ======== Schwab Network ======== Empowering every investor and trader, every market day. Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185 Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7 Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch Watch on Vizio - https://ww