Don’t Be Greedy

Option market, bull in a china shop.

Nvidia day!

Tonight, Nvidia announces their earnings for the quarter. A lot seems to be built up around this event since Nvidia ignited the explosions higher in markets back in May after his earnings report and guidance. Will they do it again?

Buy on the rumor, sell on the news has been the protocol for many of the spotlight tech companies this earning season. Super Micro Computers being one of them.

Nvidia Weekly Chart