U.S. STAKE IN NVIDIA OFF THE TABLE, INDIA STANDS UP TO U.S., SWISS SHIFT AWAY FROM DOLLAR
By Nigam Arora
To gain an edge, this is what you need to know today.
Nvidia Earnings Ahead
Please click here for a chart of semiconductor ETF (SMH).
Note the following:
- As the stock market eagerly awaits Nvidia (NVDA) earnings after the close today, it is instructive to look at the chart of SMH.
- The chart shows the past nine Nvidia earnings reports and the reaction of semiconductor stocks to the earnings.
- The chart shows SMH is above the 2024 high.
- The chart shows SMH is in zone 1 (resistance).
- RSI on the chart shows SMH is neither overbought nor oversold.
August 27, 2025