NVDA Earnings Report Tomorrow
Dear Traders,
It’s been another action-packed day in the markets, with Tesla and Super Micro Computer taking center stage. Both companies have been making headlines, and their stocks are experiencing significant moves. TSLA continues its impressive rally, driven by exciting developments in its robotics division. Meanwhile, SMCI surged after taking steps to address its recent accounting issues. These moves have created some fantastic trading opportunities for us to capitalize on in the chatroom.
Yesterday, I made a decent profit trading these stocks and shared a recap on my trades. Make sure to watch it here.
This morning in the chatroom, traders were focused on TSLA and SMCI. TSLA continued its climb, hitting $345, driven by excitement around its humanoid robot, Optimus, and the potential for future innovations in autonomous technology. The momentum provided excellent setups for breakout and trend-following strategies.
SMCI also saw major action, jumping more than 30% after appointing a new auditor and submitting a compliance plan to Nasdaq. Members were quick to take advantage of the volatility, with strategies like opening range breakouts and strong trend plays working well.
It’s always great to see the community working together, sharing insights, and making the most of these opportunities in real time. As always, preparation and discipline are key to navigating these kinds of moves successfully.
The screenshot above shows the 5-minute engulfing pattern that formed on TSLA this morning. Once it closed above the VWAP, it signaled a strong breakout—a favorite setup for many Opening Range Breakout (ORB) traders. Several members in the chatroom identified this pattern and capitalized on the move, locking in some great trades.
After an action-packed morning with TSLA and SMCI, it’s clear that preparation and education are key to seizing market opportunities. To help you sharpen your skills, we’re offering 50% off all courses in our Trading Terminal Academy for our Black Friday sale.
Whether you’re mastering the basics or diving into advanced strategies, our courses cover everything you need to grow as a trader. Don’t miss this chance to learn from amazing mentors like Paras, Pier, Thor and Aiman.
NVIDIA is set to release its quarterly earnings report tomorrow, a highly anticipated event that could significantly influence the market. Analysts are projecting adjusted earnings of $0.71 per share on $33.1 billion in revenue. The company’s guidance for the upcoming quarter will be closely watched, with some forecasts suggesting revenue between $39 billion and $40 billion.
Options traders are preparing for a substantial market reaction, anticipating an 8.5% move in either direction, which equates to a nearly $300 billion swing in NVIDIA’s market value. This underscores the potential impact of the earnings announcement on the broader market.
For traders, NVIDIA’s earnings release presents a prime opportunity. The expected volatility can lead to significant price movements, offering setups for both long and short positions. It’s very important to stay informed and prepared to act fast as the market responds to the earnings report.
Tomorrow we’ll be closely monitoring NVIDIA’s performance in the chatroom, sharing insights, and identifying potential trades in real-time. Join us to navigate this event together and capitalize on the opportunities it gives to traders.
To your success,
Andrew
