November 20, 2025

By Nigam Arora

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

Jobs Report

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 stock is being used to illustrate the point.
• The chart shows NVDA stock bounced off the low band of zone 1 (support).
• The chart shows NVDA stock is gapping up on earnings.
• RSI on the chart shows the stock has room to run.
• Nvidia reported earnings better than consensus and whisper numbers.
• The strength of the demand for Nvidia chips is summed up in this quote from Nvidia CEO Jensen Huang: “Blackwell sales are off the charts, and cloud GPUs are sold out.