{"id":63559,"date":"2025-03-13T02:00:09","date_gmt":"2025-03-13T07:00:09","guid":{"rendered":"https:\/\/www.tradestation.com\/insights\/?p=63559"},"modified":"2025-03-13T09:39:13","modified_gmt":"2025-03-13T14:39:13","slug":"market-trends-march-13","status":"publish","type":"post","link":"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/","title":{"rendered":"Attention May Shift to Nvidia&#8217;s AI Event, Fed Meeting"},"content":{"rendered":"<p>Downloads are available\u00a0<a href=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/MT-public-materials-Oct-2024b.zip\">here<\/a>. ADR list is\u00a0<a href=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/20250306-ADRs-UPDATED.zip\">available here<\/a>. TradeStation\u2019s ideas on TradingView are available\u00a0<a href=\"https:\/\/www.tradingview.com\/broker\/TradeStation\/ideas\/\">here<\/a>.<\/p>\n<p>Check out our next \u201c<a href=\"https:\/\/streamyard.com\/watch\/idQWAPGx4KbC\" target=\"_blank\" rel=\"noreferrer noopener\">State of the Market<\/a>,\u201d on Monday, 3\/17.<\/p>\n<h2 class=\"wp-block-heading\">Sizing Up the Market<\/h2>\n<ul>\n<li>S&amp;P 500 stabilizes at 10 percent correction.<\/li>\n<li>Prices fell 6.6 percent below the 50-day MA, biggest gap since October 2022.<\/li>\n<li>Wilder&#8217;s Relative Strength Index (RSI) hits oversold for the first time since October 2023.<\/li>\n<li>Potential price zone at 5733-5773.<\/li>\n<li><em>Will downside continue with several days before the Federal Reserve meets?<\/em><\/li>\n<li>VIX returns below December high.<\/li>\n<\/ul>\n<div id=\"attachment_63564\" style=\"width: 1034px\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-63564\" class=\"size-large wp-image-63564\" src=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-1024x490.jpg\" alt=\"\" width=\"1024\" height=\"490\" srcset=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-1024x490.jpg 1024w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-300x143.jpg 300w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-768x367.jpg 768w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-1536x734.jpg 1536w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312-1080x516.jpg 1080w, https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/SPX_20250312.jpg 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><p id=\"caption-attachment-63564\" class=\"wp-caption-text\"><em>S&amp;P 500, daily chart, with select patterns and indicators.<\/em><\/p><\/div>\n<h2>Nvidia, Fed Next Week<\/h2>\n<ul>\n<li>Nvidia GTC: March 17-21\n<ul>\n<li>Blackwell updates expected<\/li>\n<li>Rubin unveiling? Thinner chip with better memory that will follow Blackwell<\/li>\n<li>1pm ET March 18: Jensen Huang Keynote<\/li>\n<li>March 20: Quantum computing day<\/li>\n<\/ul>\n<\/li>\n<li>Fed meeting: Wednesday March 19 at 2 p.m. ET\n<ul>\n<li>Estimated rates (&#8220;dot plot), inflation, employment<\/li>\n<li>Powell press conference at 2:30 p.m. ET<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h2>News &amp; Views<\/h2>\n<ul>\n<li>Feb CPI +0.2 percent vs +0.3 percent estimate. Shelter continues to moderate.<\/li>\n<li>Crude oil inventories +1.4mln vs +3.6mln estimate<\/li>\n<li>Dan Niles: Lower revenue estimates, not tariffs, have hurt megacaps<\/li>\n<li>Pimco: Tariffs have raised recession risk<\/li>\n<li>Larry Summers: 50 percent chance of recession this year<\/li>\n<li>Kostin of Goldman cuts S&amp;P 500 target from 6500 to 6200<\/li>\n<li>Goldman: Recent stock unwind reminiscent of covid<\/li>\n<li>Airlines cut guidance as economy slows<\/li>\n<\/ul>\n<h2>Potential Turnarounds<\/h2>\n<ul>\n<li>VKTX: Biotech addresses major concern by finding a manufacturing partner for weight-loss compound (Phase 3 testing to start in Q2)<\/li>\n<li>SFIX: Earnings, revenue beat for 2nd straight quarter amid turnaround talk.<\/li>\n<li>ZI: Marketing software company beat estimates 2\/25, received positive analysts notes\u00a0ZI<\/li>\n<\/ul>\n<h2>Other Events to Watch<\/h2>\n<ul>\n<li>Tomorrow morning: Consumer sentiment, LI earnings<\/li>\n<li>Mon 3\/17: Retail sales, NAHB housing index<\/li>\n<li>Tue 3\/18: Housing starts \/ building permits\n<ul>\n<li>Earnings: XPEV<\/li>\n<\/ul>\n<\/li>\n<li>Wed: Crude oil, Fed meeting<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Downloads are available\u00a0here. ADR list is\u00a0available here. TradeStation\u2019s ideas on TradingView are available\u00a0here. Check out our next \u201cState of the Market,\u201d on Monday, 3\/17. Sizing Up the Market S&amp;P 500 stabilizes at 10 percent correction. Prices fell 6.6 percent below the 50-day MA, biggest gap since October 2022. Wilder&#8217;s Relative Strength Index (RSI) hits oversold [&hellip;]<\/p>\n","protected":false},"author":39,"featured_media":63321,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[1276,13],"tags":[],"class_list":["post-63559","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-trends","category-stocks","et-has-post-format-content","et_post_format-et-post-format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Attention May Shift to Nvidia&#039;s AI Event, Fed Meeting | Market Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Attention May Shift to Nvidia&#039;s AI Event, Fed Meeting | Market Insights\" \/>\n<meta property=\"og:description\" content=\"Downloads are available\u00a0here. ADR list is\u00a0available here. TradeStation\u2019s ideas on TradingView are available\u00a0here. Check out our next \u201cState of the Market,\u201d on Monday, 3\/17. Sizing Up the Market S&amp;P 500 stabilizes at 10 percent correction. Prices fell 6.6 percent below the 50-day MA, biggest gap since October 2022. Wilder&#8217;s Relative Strength Index (RSI) hits oversold [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Insights\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeStation\/\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-13T07:00:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-03-13T14:39:13+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/Market-trends-thumbnail-Feb-2025.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Russell\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:site\" content=\"@TradeStation\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Russell\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/\",\"url\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/\",\"name\":\"Attention May Shift to Nvidia's AI Event, Fed Meeting | Market Insights\",\"isPartOf\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/Market-trends-thumbnail-Feb-2025.jpg\",\"datePublished\":\"2025-03-13T07:00:09+00:00\",\"dateModified\":\"2025-03-13T14:39:13+00:00\",\"author\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/#primaryimage\",\"url\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/Market-trends-thumbnail-Feb-2025.jpg\",\"contentUrl\":\"https:\/\/cdn.tradestation.com\/uploads\/sites\/2\/Market-trends-thumbnail-Feb-2025.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/2025\/03\/13\/market-trends-march-13\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.tradestation.com\/insights\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Attention May Shift to Nvidia&#8217;s AI Event, Fed Meeting\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#website\",\"url\":\"https:\/\/www.tradestation.com\/insights\/\",\"name\":\"Market Insights\",\"description\":\"Fresh market commentary and actionable trade ideas.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.tradestation.com\/insights\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/d2279ba57f90e3b47887f2503ce142d4\",\"name\":\"David Russell\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.tradestation.com\/insights\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/443bdca82f0006231c5179581e4310ed?s=96&d=mm&r=pg\",\"caption\":\"David Russell\"},\"description\":\"David Russell is Global Head of Market Strategy at TradeStation. 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Prices fell 6.6 percent below the 50-day MA, biggest gap since October 2022. 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