It’s Nvidia’s Market - We’re Just Trading In It

person using MacBook Pro on table

Image Source: Unsplash


I’m writing this in the weird netherworld between the cash close and Nvidia’s third-quarter earnings announcement…

Surprisingly, equities finished higher today, despite some serious volatility. We’re getting consistent VIX readings above 17 and there were times during today’s session when it was knocking on the door of 19. Yikes.

That gave us selling on rockin’ volume and then the bulls came back in swinging. Nvidia itself found a bid only in the last two hours of the trading session.

I’ve got a bullish butterfly on in NVDA right now, so I’ll walk you through that was we await those earnings…

Video Length: 00:14:31


More By This Author:

The Markets Are Looking For Stability… And They'll Probably Find It
Gold Is (Literally) Handing Us A Golden Opportunity
Bulls Take It To The Bank

Disclaimer: Neither TheoTrade or any of its officers, directors, employees, other personnel, representatives, agents or independent contractors is, in such capacities, a licensed financial adviser, ...

more
How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with