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Nvidia earnings are coming up, and this is exactly the kind of situation where traders start convincing themselves they know what's going to happen next. But what if the better approach is to stop trying to predict the earnings reaction and simply follow what the data is telling you right now?
This conversation takes a full top down look at Nvidia, starting with the overall market, then the Nasdaq, technology sector, semiconductors, and finally Nvidia itself. And the picture isn't exactly screaming “buy.” Nvidia is trading below the 10, 20, and 50 EMAs, volume has been declining, overhead resistance is sitting above price, and the semiconductor industry is showing only 18% buy signals and falling fast.
✅ Nvidia earnings preview and full top down analysis
✅ SPY, Nasdaq, technology, and semiconductor market analysis
✅ Nvidia technicals, volume, EMAs, order blocks, and Fear & Greed
✅ Energy sector, oil, bond yields, inflation, and sector rotation
✅ Salesforce, Intuit, CrowdStrike, Sandisk, and individual stock analysis
If you've ever bought a stock right before earnings because “the numbers should be good”… this one is worth watching. Good earnings don't automatically mean a higher stock price, and sometimes the smartest trade is simply staying in cash until the trend gives you a reason to act.
Video Links:
https://www.youtube.com/watch?v=qWecBvicQ24
https://www.youtube.com/watch?v=2F5xOmnkGfU
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