Hey, Ross here:
The biggest market story from yesterday was Nvidia’s blockbuster – but simultaneously below-expectations – earnings.
And even though the U.S. market has just opened…
We can look at the European markets to see how NVDA stock is responding to its latest earnings.
Chart of the Day
This is NVDA trading on the Frankfurt Stock exchange, which opens 7.5 hours ahead of the U.S. markets.
As you can see, it immediately “gapped down” on the open – falling 7% – and that’s after already being down the day prior.
Nvidia had reported a staggering 122% revenue growth and 168% earnings growth – blockbuster results by almost any measure.
Plus, this revenue and earnings growth was also ahead of analysts’ estimates.
And yet, the immediate response of the market was sharply negative.
The lesson here – which I explain in the Insight of the Day below – is one every trader should always keep firmly in mind.
Insight of the Day
Making money on a stock is all about knowing how much future growth has already been priced in.
And this is just one of many “insider” opportunities up for grabs
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE for a masterclass that will show you exactly what you need to do to exploit these “insider” opportunities right now.
This masterclass will include:
- How to access the database containing the records of all these insider trades…
- The subtle yet dangerous mistakes traders make when trying to follow these insiders…
- The 3 counterintuitive insider buying signals you must know about…
And much more.
So please click here to save your spot for my live masterclass tomorrow morning…
And I’ll see you at 11 a.m. ET tomorrow.
Ross Givens
Editor, Stock Surge Daily