Unless you’ve been trading from a cave for the past several years, you’ve probably realized that one stock is dominating the entire market.
Of course, I’m talking about Nvidia Corporation (NASDAQ: NVDA) — the chipmaking giant that’s become the poster child for the entire artificial intelligence (AI) rally…
Famous for making the best computer chips and graphics processors on the planet, NVDA has had an amazing run in the stock market, up over 200% in the past year:
This surge has minted NVDA as one of the most valuable companies in the world — while simultaneously making it the most crucial earnings picture in the entire economy.
Most other companies in the SPDR S&P 500 ETF Trust (NYSEARCA: SPY) are like lemonade stands compared to the behemoth that is NVDA.
The index has recently made a new all-time high because of the anticipation for the biggest catalyst of the year…
NVDA’s Q1 earnings report, TOMORROW, May 22, 2024.
It couldn’t be coming at a better time as the market is frothing with meme stock hype.
I can feel the energy, all the signs are there indicating some crazy moves in the coming days.
But you need to be prepared, or else you could miss a life-changing trading opportunity.
So, let’s break down everything you need to know to position yourself for tomorrow…
The Rise (and Rise) of Nvidia
Nvidia’s rise began with its top-notch graphics cards, which are essential for high-quality gaming experiences…
As video games became more popular, the demand for NVDA’s products grew.
Gamers wanted the best graphics, and NVDA delivered. But gaming is just one small part of NVDA’s story…
NVDA’s chips are also critical to cryptocurrency mining. As crypto prices have soared, so has NVDA’s share price.
But the real cherry on top for NVDA is AI — a field that requires a lot of computing power to process data and make decisions.
NVDA’s chips are perfect for this task, making them a go-to choice for companies working on AI technologies. This includes everything from self-driving cars to advanced medical research.
NVDA controls approximately 80% of the high-end chip market.
Additionally, data centers, which store and process vast amounts of information, need powerful chips to run efficiently.
NVDA’s technology helps these centers operate smoothly, boosting their importance in the tech world.
All this to say, NVDA is simply in the perfect spot at the perfect time:
“The people who made the most money in the gold rush of the mid-1800s were the ones providing the tools to get the job done, not those hunting for the precious metal. Nvidia is effectively playing the same role today in this tech revolution,” said Russ Mould, investment director at AJ Bell.
How NVDA is Driving the Stock Market
NVDA’s success has been so significant that it has started to influence the entire stock market.
Here’s how:
Tech Sector Boost
NVDA is a major player in the tech industry. When their stock goes up, it often lifts other tech stocks too. Traders see NVDA’s success as a positive sign for the whole sector.
Economic Confidence
A strong performance by NVDA can boost confidence in the overall economy (however misguided that may be). Traders feel more optimistic when a leading company like NVDA is doing well, which can lead to higher stock prices across the board.
AI Innovations
NVDA’s innovations in AI and data centers are driving growth in these areas. As these technologies become more important, other companies in the same fields also benefit, further boosting the broader market.
NVDA is now the third most valuable company in the U.S. with a market capitalization of $2.29 trillion.
These days, when NVDA has a big green (or red) day, the entire market follows suit, creating unbelievably juicy trading opportunities across the board.
And tomorrow, NVDA is facing its biggest catalyst yet — the Q1 earnings report.
The Past 4 NVDA Earnings (and What We Can Learn From Them)
Every trader in the world is waiting for Nvidia’s earnings report — TOMORROW, May 22, 2024…
As you know, earnings reports give a snapshot of a company’s financial health and can significantly impact its stock price.
But NVDA’s upcoming print is more like an earnings report for the entire stock market.
Big tech’s strength, the validity of the AI rally, and the cryptocurrency market are all facing a major test tomorrow.
In other words, this is HUGE. I can’t remember the last time I was this focused on a single catalyst.
And if NVDA’s recent earnings reports are any indication of what’s to come, we’re in for a week chock-full of incredible trading opportunities…
As you can see, NVDA has smashed analyst expectations for its past four earnings reports.
But I’m more interested in how the market reacts to these prints, which has been even more notable…
After reporting its Q4 2023 earnings on February 21, NVDA surged 16% the following day to add $277 billion in market value — the biggest single-day gain in the history of the U.S. stock market.
And you didn’t have to gamble on the earnings report to play this move. The entire market was blasting off, buoyed by NVDA’s strength.
You basically could’ve traded calls on any tech name that day and made a killing…
Which is exactly why I’m so excited for tomorrow…
Kingmakers: The NVIDIA Effect
Nvidia Corporation’s (NASDAQ: NVDA) upcoming Q1 earnings print is set to be the biggest catalyst of the year, bar none.
Not since Guttenberg Inc. reported on the Dutch Stock Exchange in 1437 has the world been so plugged into a company’s earnings report.
The trading opportunities are set to be incredible across the entire stock market.
And if you’re trying to figure out how to position yourself for maximum profits, you’ve come to the right place…
TOMORROW, May 21st at 12:00 pm EST, I’m hosting an EXCLUSIVE LIVE event — Kingmakers: The NVIDIA Effect!
During this exclusive event, I’ll walk you through the HUGE upcoming NVIDIA catalyst that could launch an EXPLOSION of mega-moves in the coming days…
You’ll get an inside look at:
- The urgent NVDIA catalyst, and why it’s about to kick off some PARABOLIC moves next week…
- My elite hedge-fund-grade strategy YOU can leverage every day to skyrocket your trading potential…
- PLUS: How you can take advantage of this same strategy that I’ve recently used to find moves like 82% on FCX, 326% on PFE, 126% on CVNA, and 133.64% on ALB…*
This is your last chance.
Don’t miss My LIVE event — Kingmakers: The NVIDIA Effect!
See you there,
Jeff Zananiri
*Past performance does not indicate future results
