September 11, 2023

By Nigam Arora & Dr. Natasha Arora

Signal(s) to enter, add, reduce, exit, hold or change.

Chart

Please click here for a chart of Nvidia stock (NVDA).

• The chart shows when Nvidia Q1 earnings were last released.
• The gap up shown on the chart added about $184B in market cap.  This was the third largest market cap gain in one day in U.S. stock market history.
• Nvidia earnings accelerated the AI frenzy rally.
• The chart shows that there was a 262% gain in the Nvidia position if it was bought in the Arora buy zone shown on the chart.
• The chart shows the stock fell after the extraordinary earnings last quarter.