Just some quick price reactions from three big earnings reports. First, the granddaddy of them all, Nvidia (NVDA), is sinking somewhat based on their numbers (the conference call has not taken place as of this post). Nothing dramatic and suffice it to say the only WINNERS here are the options SELLERS. Bearish and Bullish buyers got hosed, most the move is (it seems) modest!
Salesforce (CRM), which regrettably I was short, blasted sky-high. I got out quickly before the damage got too ugly.
Crowdstrike (CRWD) (no position) also is exploding higher.
The big question is – — how the market will react to the all-important conference call from Nvidia management.
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