
EXCELLENT NVIDIA EARNINGS BUT STAGE FIVE PATTERN PROVES FORMIDABLE, QUANTUM COMPUTING BREAKTHROUGH
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Formidable Stage Five
Please click here for a chart of Nvidia stock (NVDA).
Note the following:
- The Morning Capsule is about the big picture, not an individual stock. The chart of NVDA is being used to illustrate the point.
- The chart shows NVDA stock moved up after the release of earnings.
- Going into earnings, the whisper numbers for Nvidia were higher than the consensus. Nvidia earnings came inline with the whisper numbers. Stocks move based on the difference between whisper numbers and the reported numbers.