Nvidia Earnings: Did Wall Street See This Coming? 👀

Published: Aug 28, 2024 Duration: 00:00:55 Category: People & Blogs

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Nvidia stock they just had their earnings when you think of an earnings report of a company there are two major things that you really want to focus on the first one being are they meeting the expectations and if they are that's cool you don't expect any crazy movement the second one is the forward guidance because in business it's not all about staying where you are it's about going forward we had already come down on that 124 once come down on it a second time and I said guys if we come down here one more time it's likely to break and I said so now I'm going to raise my stop above to 12440 now I would have loved to have cashed in at 131 but having discipline and the fact that momentum did not come into play Monday Tuesday Wednesday I actually wanted to see Nvidia above 131 by Tuesday and the fact that we weren't there was already an early sign that there was some uh selling pressure before earnings and so we got out I got out 100% on the entire play

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