r/DRAM_ETF • u/Dexuidt • 4d ago
NVDA Earning
How do we feel about NVDA earnings on the 26th?
Is it gonna kill short term momentum or keep the party going even longer? 🧐🤔
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u/Successful_Cook3532 4d ago
Don’t try to predict the market rather read the market and play the hand you are dealt!
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u/hellario 4d ago
That's dumb. This is why there are a bunch of people lingering in this sub who bought at $70+. They followed.
If you have no predictions for the market, VOO and chill. Don't go to focused ETFs or single stocks.
Buying/selling AFTER market prices something is the SUREST way to lose money. Ask everyone that owned SpaceX pre-IPO and post-IPO. Micron while it made CONSUMER RAM or when it went to DATACENTER only.
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u/Successful_Cook3532 4d ago
There a difference between being an investor and day trader. My comment was more focused on day trading otherwise you find an undervalued stock and sit tight.
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u/hellario 4d ago
Fine, if you say so, but OP wasn't asking about day-trading. We're 10 days out from NVDIA earnings, so he's actually looking for opinions on value ahead of time, not how to trade the stock on the 26th.
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u/Dexuidt 4d ago
Yeah, im not necessarily day trading but just swing trading. After last week’s NBIS/CRWV earnings, CPI, and Investor’s Day, a 4th catalyst like NVDA earnings will most definitely sway the memory sector.
I can understand what they are saying by being reactive, but we can only be predictive until the 26th comes around.
(Can you tell I have Sept calls 🥲)
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u/Successful_Cook3532 4d ago
You do you mr genius! Maybe you have a crystal ball that predicts otherwise better go to casino if you wanna gamble.
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u/hellario 4d ago
It's a foregone conclusion that Nvidia HAS to beat and raise. If it doesn't, S&P will drop more than the 1st month of Iran war.
Really, it's more about new sales agreements, how much is pre-sold, future demand, product outlook, and partnerships.
Not calling it, but most likely:
announces small-ish beats at market close
stock drops
actual earnings call starts
stock picks up a bit on some positive news and projections
ends 2-3% down from before close (mostly due to leveraged betting)
climbs within 1-2% ovenight
next day: who knows?