The entire market hangs on a single factor this entire week and that is nvda earnings, one stock will dictate the entire market move in the weeks ahead. Literally every analyst and everyone on wallstreet who is asked about nvda say the same thing, buy buy and buy buy buy, there was only one single downgrade in all of 2024, other than that 99.999% believe nvda will beat and guide higher just like they have been doing quarter over quarter over quarter, no one is expecting anything less from nvda so when earnings come Wednesday be prepared for quite a market move...... iffffff nvda some how misses or doesn't guide where analysts expect them to guide ahead, if any part of their earnings is a miss by just a single penny the entire market could get swalled up in one big massive sell off...but no worries as most will come out and reiterate their strong buys and explain how it's just a buying opportunity. So as usual a win win for everyone.
Nvda is the only thing you need to know for this week!!
- Thread starter S2007S
- Start date
There is no such situation.
Which professional writer wrote this article?
He must have been sleeping continuously for 3 long weeks!
Anyway, your posting is very outdated.
Nvda is the only thing you need to know for this week!!
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Nvda was the only thing you need to know 3 weeks ago!!
3 weeks ago sure, but once that mega dip came in early August and fear flooded the markets it was nothing but bitches wanting a 50 basis point cut at the September meeting.
Then everything went back to normal in a few hours now everyone is happy with powell and his projection of a 25 basis point cut in September
So back to 100!!
Could be an epic sell off. ...
Nasdaq could easily lose a 1000 points without a problem if nvda misses
No it doesn't. By Thursday market will easily move on and it will be ancient history. No one event is bigger than the market. Stuff like this comes and goes and stocks end up higher regardless.
Agree. QQQ underperformance will likely end with a positive NVDA report. However, I'm a big believer in price action/efficient market theory which tells me the report is more likely to be negative than positive. But, it's no more than 55% and anything can happen. If it's negative, then we likely see another year of poor performance in September
Options market implying a 10% move which isn't much in the form of stock price movements but just gigantic incredible market cap movement of over $300 billion dollars so that's where the big numbers come into play.