Focusing on trading, only discussing valuable insights. I’m Evan, welcome to this episode!
Yesterday, the US stock market continued its rebound from Tuesday's rally, with major indices closing higher across the board. The tech-heavy Nasdaq performed particularly well. At the close, the Dow was up 0.63%, the S&P 500 rose 0.81%, and the Nasdaq gained 1.26%. This performance was largely driven by strong support from tech giants, especially high market expectations for NVIDIA’s upcoming earnings report.From a technical perspective, the three major indices have been consolidating at high levels for several weeks, and short-term volatility may occur to break this deadlock. NVIDIA's earnings report will play a decisive role. If the S&P can return near the 7,000-point mark in the near term, the market will enter a new upward phase; if it fails to break through the 7,000-point level, caution is warranted. Personally, I believe the latter scenario is more likely.
A brief overview of NVIDIA’s earnings report: Q4 revenue reached $68.1 billion, a year-on-year increase of 73%, surpassing the expected $65.9 billion. Data center revenue hit a record $62.3 billion, exceeding expectations of $60.6 billion. EPS was $1.62, above the forecast of $1.53, with a gross margin as high as 75.1%. Q1 revenue is projected to be $78 billion, compared to market expectations of $72.6 billion. Personally, I think such a strong report should lead to at least a 7% rise, but the stock price only climbed 4% before quickly retreating. The main reason isThe earnings report had already been priced in by the market, now the more NVIDIA earns, the market...