It’s the big day, everyone! Nvidia day! Now that Jensen Huang enjoyed a sumptuous meal at the White House yesterday (getting tips from MBS on how to take down buildings with jets and how to grind up journalists into dog food), he’s ready to let the world know about his company’s earnings after today’s close. At the moment, NVDA seems to be anticipating strong results.
The small caps, by way of /RTY, are likewise revving higher. Indeed, all the big equity indexes are bright green.
Even gold is getting in on the fun, with /GC up about $60 on the day.
I cut my own risk in half compared to 24 hours ago, and at the moment my portfolio is down 0.75%. Paradoxically, a robust rally with all the bulls high-fiving and slapping each other on the back is just what bears want to see. Bid ’em up, boys. The /NQ chart is just itching to suck you in.
