May 28, 2025

By Nigam Arora

To gain an edge, this is what you need to know today.

Consumer Roars

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.
• Investors are waiting for the release of King Nvidia earnings today after hours.  Nvidia earnings will determine the near term direction of the stock market and the AI trade.
• The chart shows NVDA stock has consolidated in the lower half of zone 2.
• RSI on the chart shows NVDA stock is neither overbought nor oversold going into earnings.