Dow Jones Futures Fall, Tesla Soars On Latest Trump Move; Nvidia Earnings In Focus

Blockhead11-18

Dow Jones futures fell modestly early Monday, while S&P 500 futures were little changed. Nasdaq futures rose slightly, buoyed by Tesla. Nvidia (NVDA) earnings loom large. The stock market Trump trade ...

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Nvidia (NVDA) earnings loom large.\nThe stock market Trump trade ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-tesla-soars-trump-nvidia-earnings/\">Source Link</a>\n\n</div>\n","source":"investor_business_daily_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones Futures Fall, Tesla Soars On Latest Trump Move; Nvidia Earnings In Focus</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones Futures Fall, Tesla Soars On Latest Trump Move; Nvidia Earnings In Focus\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-18 19:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-tesla-soars-trump-nvidia-earnings/><strong>Blockhead</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow Jones futures fell modestly early Monday, while S&P 500 futures were little changed. Nasdaq futures rose slightly, buoyed by Tesla. Nvidia (NVDA) earnings loom large.\nThe stock market Trump trade ...</p>\n\n<a href=\"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-tesla-soars-trump-nvidia-earnings/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLL","symbol_name":"Direxion Daily TSLA Bull 2X Shares","start_time":0,"source_url":"https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-tesla-soars-trump-nvidia-earnings/","article_id":"2484307626","we_media_id":null,"thumbnails":["https://www.investors.com/wp-content/uploads/2024/05/Stock-Nvidia-CEOjensen-blackwellgpu-01-compay-150x150.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484307626","pubTimestamp":1731931003,"columns":[],"sourceInfo":{"source_id":"investor_business_daily_highlight","name":"Investor’s Business Daily"},"weMediaInfo":null,"summary":"Futures are mixed as Tesla stock soared on a report that team Trump wants federal self-driving rules. Nvidia earnings loom large.","collect":0,"end_time":0,"defaultTopTitle":"investors.com","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"TSLL":"Direxion Daily TSLA Bull 2X Shares","TSLA":"特斯拉","NVDA":"英伟达"},"translate_title":"道琼斯期货下跌，特斯拉因特朗普最新举措而飙升；英伟达盈利成为焦点","themeId":"ffe6e10e7e94c61aa380e0eee7ea20f1","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NVDA":1,"TSLA":1,"TSLL":1},"content_text":"Dow Jones futures fell modestly early Monday, while S&P 500 futures were little changed. Nasdaq futures rose slightly, buoyed by Tesla. Nvidia (NVDA) earnings loom large.\nThe stock market Trump trade faltered last week. The major indexes fell sharply, especially on Friday, testing or undercutting some key levels. A number of leading stocks suffered sharp losses or downside reversals, often around earnings.\nInvestors should be wary of new buys in the short run, while cutting losers and recent winners that are round-tripping gains.\n\n\n\n↑\nX\n\n\n\n\nWall Street Stays Bullish On Nvidia Ahead Of Earnings. Can the AI Titan Outdo Itself Again?\n\n\nSee All Videos\n\n\n\n\nNOW PLAYING\nWall Street Stays Bullish On Nvidia Ahead Of Earnings. Can the AI Titan Outdo Itself Again?\n\n\n\n\nTesla Rises As Team Trump Eyes Self-Driving Rules\nPresident-elect Donald Trump's transition team reportedly wants a federal framework for self-driving vehicles, something Tesla (TSLA) CEO Elon Musk has argued for. But regulation isn't the current hurdle for Tesla robotaxis, which face no restrictions in states such in Texas and Florida. But Tesla stock jumped Monday morning as investors see this as a another big win for Tesla, or at least TSLA.\nDow Jones Futures Today\nDow Jones futures fell 0.4% vs. fair value. S&P 500 futures were just above break-even while Nasdaq 100 futures climbed 0.4%.\nThe 10-year Treasury yield climbed to 4.47%.\nBitcoin rose above $90,000, but off overnight highs.\nRemember that overnight action in Dow futures and elsewhere doesn't necessarily translate into actual trading in the next regular stock market session.\nNvidia Earnings, Other Key Results\nIt's hard to overstate Nvidia's stock market importance. While a Trump bump lifted stocks in early November, artificial intelligence has led the stock market over the past two years. Nvidia earnings — and Blackwell-tied guidance — obviously will be key for AI and chip plays such as Taiwan Semiconductor (TSM) and Broadcom (AVGO), as well as the broader market.\nPalo Alto Networks (PANW) is a key report for cybersecurity and software. Walmart (WMT) and TJX Cos. (TJX) headline earnings reports.\nSuper Micro Delisting Deadline\nMeanwhile, Nvidia partner Super Micro Computer (SMCI) spiked more than 10% Monday morning following a late Friday Barron's report that it aims to submit a plan by Monday to allow it to remain on the Nasdaq. The AI server maker faces a Monday deadline to file a plan with the Nasdaq to regain compliance with its financial reporting requirements. If not, SMCI stock faces delisting. Super Micro stock has plunged 84.9% from its March high of 122.90, mostly on mounting accounting concerns.\nNvidia and Palo Alto stock are still in buy zones, while TJX is just below a traditional buy point after clearing some early entries. Walmart stock is near highs but extended.\n\nJoin IBD experts as they analyze leading stocks and the market on IBD Live\n\nStock Market Rally\nThe stock market rally suffered sharp losses in the latest week, especially on Friday.\nThe Dow Jones Industrial Average shed 1.2% in last week's stock market trading. The S&P 500 index slumped 2.1%. The Nasdaq composite lost 3.15%. The small-cap Russell 2000 tumbled 4%.\n\nThe Nasdaq, S&P 500 and Russell 2000 have undercut the lows of the Nov. 6 postelection gap-up day. The Nasdaq fell below its 21-day moving average. The S&P 500 finished just below that key short-term level while the Russell 2000 just held that level.\nThe Nasdaq and Russell are back to the top of their July-October consolidations, while the S&P 500 is back at the top of a shelf just above a larger consolidation.\nThe key indexes are around natural areas of support. Holding and rebounding from these levels would signal the bullish trend will continue. But breaking lower from here, and moving toward the 50-day line, would be highly negative.\nThe 10-year Treasury yield jumped 12 basis points to 4.43%, though it closed flat Friday after hitting a five-month high intraday of just over 4.5%. The two-year yield, more closely aligned with the Fed rate policy outlook, climbed 4.5 basis points to 4.3%. Fed chief Jerome Powell on Thursday signaled that the Fed is in \"no hurry,\" but markets still see a modest rate cut on Dec. 18 as slightly likely.\nU.S. crude oil futures tumbled 4.8% to $67.02 a barrel last week.\nTrump Trade Losers\nNot only did the Trump trade wane broadly, but more Trump losers came into focus.\nDrugmakers and biotechs plunged as Donald Trump nominated Robert F. Kennedy Jr., a noted vaccine skeptic and pharmaceutical industry critic, to run Health and Human Services.\nGovernment tech consultants, including Parsons (PSN), Booz Allen Hamilton (BAH), Leidos Holdings (LDOS) and Science Applications (SAIC) suffered huge losses late in the week on concerns that they'll be easy political targets in an Elon Musk-led government efficiency drive.\nThose join housing and China stocks. Homebuilders, construction plays and related stocks are slumping as Treasury yields rise, in part on expectations of Trump policies. China stocks have been struggling on fears that new Trump tariffs will slam a struggling Chinese economy.\n\nTesla Soars On Trump Victory; Rival Set To Grab BEV Crown\n\nETFs\nAmong growth ETFs, the iShares Expanded Tech-Software Sector ETF (IGV) dipped 0.1%, with Palo Alto stock a notable holding.\nThe VanEck Vectors Semiconductor ETF (SMH) dived 7.5%. Nvidia stock is the dominant SMH holding, with Broadcom and Taiwan Semi stock major members.\nARK Innovation ETF (ARKK) gave up 1.15% last week and ARK Genomics ETF (ARKG) plunged 12.6%.\nSPDR S&P Metals & Mining ETF (XME) skidded 6.1% last week. SPDR S&P Homebuilders ETF (XHB) retreated 2.6%. The Energy Select SPDR ETF (XLE) advanced 1% and the Health Care Select Sector SPDR Fund (XLV) sold off 5.55%.\nThe Industrial Select Sector SPDR Fund (XLI) retreated 2.1%. The Financial Select SPDR ETF (XLF) rose 1.4%.\n\nTime The Market With IBD's ETF Market Strategy\n\nNvidia Earnings\nNvidia earnings are due late Wednesday. Analysts expect earnings to jump 87.5% to 75 cents a share while revenue runs 83% higher to $33.09 billion. That would end a five-quarter string of triple-digit growth for the AI chip giant. Whisper numbers are even higher.\nThe focus, however, will be on guidance and the ramp-up of Blackwell production. The next-generation AI processor is expected to begin shipments in the current quarter, but how quickly that occurs will be key.\nNvidia stock fell 3.8% to 141.98 last week, with nearly all of that coming on Friday. Shares tested but ultimately held the 140.76 consolidation buy point and the 21-day moving average.\nHowever, shares fell modestly early Monday, signaling moves below those key levels.\nThe new Blackwell GPUs overheat when used in older server racks, The Information reported Sunday. Nvidia reportedly has urged customers for some time to use different racks to avoid the problem.\nNvidia stock is on IBD Leaderboard, SwingTrader and the IBD 50.\n\nNvidia earnings and guidance will be key for the entire market rally, notably AI plays and especially AI chipmakers.\nBroadcom stock plunged 10.2% last week, falling from near a buy point to decisively below its 10-week line.\nNvidia chipmaker Taiwan Semiconductor tumbled 7.5%. TSM stock closed just above its 50-day and slightly below its 10-week.\nAstera Labs (ALAB) sold off 12.9% for the week, but that's after spiking nearly 37% in the prior week in the Trump bump and on its own earnings.\nMeanwhile, non-AI chip plays have struggled for weeks or months.\n\nAI Plays Lead 5 Stocks Near Buy Points As Trump Rally Wavers\n\nWhat To Do Now\nThe stock market rally, which looked so strong just a few days ago, is facing a key test. The major indexes and leading stocks could quickly rebound, but right at this moment investors have to acknowledge the potential character change.\nThis is not a good time to be buying stocks. Several stocks that flashed buy signals this past week faltered by Friday's close. Few stocks are in buy zones and not many more are setting up after the huge Trump gains followed by sizable losses.\nInvestors may want to reduce exposure, especially if they are on margin. As a practical matter, eschewing new buys and paring losers and round-trip stocks will whittle down your overall portfolio. You can also choose to take some partial profits or exit successful positions. It depends on your investing style, your conviction in various holdings and the size of your stakes.\nKeep working on watchlists. A pullback should create numerous buying opportunities. And working through screens will keep you in touch with which sectors are leading and coming to the fore.\nHave your exit strategies ready, even for stocks that are holding strong or advancing. If the market continues to worsen, eventually the strongest names will crack.\nRead The Big Picture every day to stay in sync with the market direction and leading stocks and sectors.\nPlease follow Ed Carson on Threads at @edcarson1971 and X/Twitter at @IBD_ECarson for stock market updates and more.\nYOU MIGHT ALSO LIKE:\nWhy This IBD Tool Simplifies The Search For Top Stocks\nCatch The Next Big Winning Stock With MarketSurge\nBest Growth Stocks To Buy And Watch\nIBD Digital: Unlock IBD's Premium Stock Lists, Tools And Analysis Today\nHow To Invest: Rules For When To Buy And Sell Stocks In Bull And Bear Markets","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":1,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484307626"}