DP Trading Room: NVDA Going Into Earnings – Hold or Sell?

by Safe Retirement Reports

It is a big week for earnings and NVIDIA (NVDA) is at the top of the list! Erin gives you her view on whether to hold into earnings based on the technicals of the chart. She also reviewed other stocks reporting on Wednesday: CRM, CRWD, HPQ and OKTA.
Carl talks about the relationship between Gold and Gold Miners as he reviews his prior article from last week: “Gold Miners’ Performance vs. Gold — Does It Say Sell Gold?” (Link: https://www.decisionpoint.com/articles/decisionpoint/2024/08/gold-miners-performance-versus-266.html“)
Carl also gives us insight on the relationship between the SPY and equal-weight RSP. He discusses how they have performed over time and what to look for.
As always Carl gives us his insight into the market trend and condition as well as a targeted look at Bitcoin, the Dollar, Crude Oil, Yields and Bonds. He also discusses his thoughts on Gold moving forward.
Erin covers the earnings charts and then gets right into sector rotation. One sector is clearly topping and you need to know which it is!
Erin finishes the program with a look at the daily and weekly charts for symbol requests.
01:25 DecisionPoint Signal Tables
04:04 Market Analysis and Overview
09:30 Magnificent Seven
16:42 Gold v. Gold Miners
25:05 Earnings with spotlight on NVDA
31:05 Sector Rotation
33:42 Symbol Requests
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