$NVIDIA Corp(NVDA)$ - The initial reaction to Earnings Report is Bearish, there is a bearish MACD cross so a pullback is likely.
However: Nvidia beat expectations for sales and earnings, while delivering a better-than-expected forecast for the current quarter. Revenue is rising 94% YoY.
Fundamentals are key
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$.SPX(.SPX)$ A Gap Fill is Brewing
The initial reaction to NVDA's earnings report is bearish, and the bearish MACD crossover printed in the SP500 suggest a gap fill is likely to occur.
The 20DMA acted as support during four days in a row, let's see if the fifth is the charm tomorrow.
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