Ready for NVDA earnings

Monica Kingsley Monicakingsley

Thrusday‘s rally, corporate-positive PPI Friday, yet ES and NQ reversed without really recovering. So, where‘s that bottom – will NVDA be the catharctic event with recovery following?

I‘d look at other AI names and how QQQ is doing overall. In this high uncertainty environment, I‘d look at how well market is pricing risk in general, and what does yields, USD and volatility metrics positioning tell us – and this must be weighed against the odds of near-term relief over NVDA status or Mideast if not resolution, then at least greater Hormuz permeability.

Author

Monica Kingsley

Monicakingsley

Monica Kingsley is a trader and financial analyst serving countless investors and traders since Feb 2020.

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