Market On Open, Wednesday 27 August
DISCLAIMER: This note is intended for US recipients only and, in particular, is not directed at, nor intended to be relied upon by any UK recipients. Any information or analysis in this note is not an offer to sell or the solicitation of an offer to buy any securities. Nothing in this note is intended to be investment advice and nor should it be relied upon to make investment decisions. Cestrian Capital Research, Inc., its employees, agents or affiliates, including the author of this note, or related persons, may have a position in any stocks, security, or financial instrument referenced in this note. Any opinions, analyses, or probabilities expressed in this note are those of the author as of the note's date of publication and are subject to change without notice. Companies referenced in this note or their employees or affiliates may be customers of Cestrian Capital Research, Inc. Cestrian Capital Research, Inc. values both its independence and transparency and does not believe that this presents a material potential conflict of interest or impacts the content of its research or publications.
Happy Nvidia Day
by Alex King, CEO, Cestrian Capital Research, Inc
Today, after the close, it’s the Jensen Huang Show, the Greatest Show On Earth. The reaction to how much of a virtuoso performance is delivered by the maestro will drive the S&P and Nasdaq for the next couple days. Because, of course, Nvidia doesn’t speak just for Nvidia; as a monopolistic supplier to AI datacenters, their earnings and outlook speak volumes about what is going on throughout this sector.
In my experience trying to play stocks for earnings is just a lotto, unless you have some information and a strategy. By strategy I mean a really good chart. Here’s how I think NVDA may react to earnings.
If you have an upside and downside plan, you can watch the reaction to earnings and have in your mind whether you plan to buy, sell, or do nothing.
The other thing you can do is to use the options market to assess how large accounts are positioning ahead of earnings. We publish key call- and put- strikes on market-moving stocks each and every day in our Jay’s Options service - this is very valuable for trading the stocks themselves, whether options are your thing or not. You can learn all about our options work, here.
What People Say About Our Inner Circle Service
June 2024 - “Far Exceeded Expectations. Bravo!"
"At my 1 year mark of being with the Inner Circle service, it has far exceeded expectations. I am proud to recommend the service and will tell you why. But for a bit of context, a year ago I decided to actively prioritize investing in the market as a self manager. I set some well defined goals and am achieving them and revising them higher. Alex, who is behind Cestrian, is constantly improving the experience, as a result, I am learning more, faster, and enjoying it. It goes without saying that the scale of one's attention and focus is proportional to their results. What I've come to enjoy at Cestrian is that they have continued to grow with me and push me with their various services and community. Bravo."
Now let’s get to work. Here’s our daily subscriber-only take on the US equity indices, volatility, bonds, oil, crypto, and key sector moves.