Market Talk
There are changing market views happening all at once since the election . In times of transition - positioning and sector rotations can cause more volatility than normal. In addition, there are geopolitical changes escalating in the Ukraine with Russia bringing in N. Korea troops and arms to the fight. In turn, Biden gave the go ahead for our arms to be allowed to breech into Russia. From a stronger dollar, to gold trading down to bitcoin rising are examples of changing sectors. One thing to remember is how this all plays out can change all over again.
One stock, NVDA, with a 3.6 Trillion market cap reports tomorrow at the close. The quarterly earnings along with updates on their newest Blackwell chips along with possible issues that may impact deliveries will be scrutinized by the analysts. There have been NVDA share price upgrades by some analysts . And some say depending on the guidance the NVDA share price could swing plus or minus 12%.
Well market watchers... prepare for NVDA to be a bell weather stock to watch tomorrow and some days to come.
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For now, we close by noting that any view on the market and stocks on any particular day may change in the future days to come. That is why we watch and see how our views match up with the reality of the time. But trying to look ahead a few months into the future may be a way to do things. If you think too deep about world events and the recent alliances forming, projecting ahead can be a dicey endeavor. In all - we use the word maybe "some", not "too much" and play it accordingly. Remember, never get arrogant in our various notions because things do change in the market and individual stocks are subject to many factors outside of our control.. So we try to -stay aware.
With all the above caveats and attempted prognostications, I will close this post. Stay tuned for more opining on the market and stocks to watch.
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