DavidMarlin
11-18

$NVIDIA Corp(NVDA)$ earnings Wednesday is HUGE for the whole market.

NVDA has driven 20% of the $SPDR S&P 500 ETF Trust(SPY)$ return over the past year & is projected to drive 25% of $.SPX(.SPX)$ EPS growth in Q3.

$Microsoft(MSFT)$ $Apple(AAPL)$

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Nvidia Rebound: Still a Long Term Bet?
Nvidia drop 2% despite exceeding expectations for the third quarter and providing strong guidance. Nvidia posted 81 cents in adjusted earnings per share and $35.08 billion in revenue. Analysts surveyed by LSEG were expecting 75 cents in earnings per share and $33.16 billion in revenue. ----------------- What's your target price for Nvidia? Head to $130 or $140 this week?
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Comments

  • Stoid
    11-18
    Stoid
    Good points - looking at the bigger picture it looks like NVDA will give the SMP 500 one final rally for the next week or so before we likely revisit the precursor of last weeks movements without any further near term catalysts to stop the avalanche ⤵️
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