Nvidia failed to hold on to gains last night

was watching the price action for nvidia last night like a hawk awaiting for its prey. during premarket, noticed that nvda was up around 2 percent. but as the time drifted closer to market open these gains evaporated and worse still, became losses. "easy come easy go" was what went through my mind

so market closed with nvda down over 1 percent while the broader nasdaq was down a fraction of that. i guess the market just feels that the recently released earnings report are just not up to par. right now i'll just be looking at how nvidia closes for the week, which from the looks of it will be a red candle. if it does close above the 163.27 level then that will be a good sign and maybe further upside next week. lets see. 

dug deeper into the internet and found out that Nvidia provided a revenue forecast for the January quarter slightly below expectations. The semiconductor company reported adjusted earnings per share of 58 cents for its October quarter, compared to Wall Street’s consensus estimate of 71 cents, according to FactSet. For the current quarter, Nvidia (NVDA ) gave a revenue forecast range with $6 billion at the midpoint—which was below the consensus of $6.07 billion.

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