NVDA Will Fall Then Soar: The Guide to Earnings
Posted: May 08, 2024
- ARM's guidance affecting stock prices, potential drop in NVDA and semi-conductors - Call/Put skew showing potential for NVDA to hit $920 or bottom at $875 - Market makers likely to buy dips, market bullish overall - Anticipated recovery in price next week followed by decline before earnings - Previous earnings cycle showed $75 decline in share price, could hit sub-800 - Earnings end-game prediction: NVDA will crush EPS, Revenue, and Guidance due to their dominance in AI training models - NVDA seen as industry standard for AI, expected to rebound to even higher highs after earnings
Summarized top reddit comments: - Calls may go up, but could also go down - Massive run up to earnings followed by likely drop - Suggestions for puts - Losses on calls mentioned - Predictions for stock trading and moves in the future
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