Daily Note | August 28, 2024 | Nvidia Earnings Day, Preferred CEFs Flying High

Markets are not far off of the flatline as investors await for Nvidia's quarterly earnings announcement after the close today. The stock is up a mere 159% so far this year. NVDA options are implying a +/- 10% move following earnings, higher than its four quarter average of 7%

Rates are slightly lower today but continue to be in this holding pattern await…