Big Week Ahead for the Markets ๐
Monday started with some pressure in tech.
The S&P 500 fell 0.3% and Nasdaq dropped 0.8%, with semiconductor stocks leading the decline as investors positioned ahead of Nvidiaโs earnings. (AP News)
And now the big one:
NVIDIA earnings โ Wednesday after the bell.
Wall Street is expecting roughly $92B in quarterly revenue, putting the focus not only on whether Nvidia beats expectations, but on what management says about AI demand going forward. (TastyLive)
For me, this isnโt just an NVDA event.
Iโll be watching what happens across:
๐ข NVDA โ AI leader
๐ข MU โ memory/DRAM
๐ข MRVL โ AI networking
๐ข CRWV / NBIS โ AI infrastructure
๐ข VFV / XEQT โ my ETF foundation
Later this week, markets will also get inflation data and the Fedโs Jackson Hole messaging, adding another layer of uncertainty. (Reuters)
My plan: donโt chase the volatility.
Iโm watching, learning and looking for opportunities to build positions at good prices.
Nvidia could set the tone for the rest of the week.
Letโs see what Wednesday brings. ๐
#NVIDIA #NVDA #MU #MRVL #AIInvesting #ETFs #VFV #XEQT #CanadianInvestor #StockMarket #InvestingJourney #Blossom