$NVIDIA Corp(NVDA)$ The real show will be after 4.00 pm EST. Presently it is pure speculation plays. And the larger market Americans are stil asleep.
Further I feel the attention will be more about the forecast and update on the Blackwell chip deliveries.
The financial report for the quarter is more or less a given already. Nvidia should likely meet targets given the spendings already announced by the mega-techs.
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First the price dive even when the results exceeded concensus expectations. And then, when the market officially opened on Thursday, the big run up before some correction at the end of the day.
All these is suggesting to me the big players were shorting NVDA and then covering their shorts, before doing another round of sell-down.
Now, at Blue Ocean market, we are seeing some pause in movement. Quite possibly we may see some positive movement when market opens. But to be clear, I may be wrong on this.
But if you are a true investor, ignore the short term daily movement. NVDA is a keeper in the long run.
Agree. I don’t have any shares tho, haha