The moment of truth:NVIDIA beats by $0.08, beats on revs; provides Q2 revenue guidance, impacted by $8 bln loss in H20 revenue (134.81 -0.69) Reports Q1 (Apr) adjusted earnings of $0.81 per share, $0.08 better than the FactSet Consensus of $0.73; revenues rose 69.2% year/year to $44.06 bln vs the $43.34 bln FactSet Consensus.Non-GAAP gross margin came in at 71.3%, excluding...Read More

I have no doubt that if not for Trump meddling in market affairs, we’d be +15-20% by now. Some people believe that to be up another 20% after 23 and 24 is incredulous. Let me remind you that this has happened before and the price action…similar. I’ve often compared this AI fueled tech tape to...Read More

Good Day — Humans are goal oriented beings. This applies in the market all the time with the obsession to “retest” highs and lows. These are indiscernible notions, concocted by people with thin emotions. Nevertheless, they warrant attention when the unwashed, uncouth, mobs clamor for them.We bought the blood on Friday because the Trump threats...Read More

Good day — Today is my 49th bday. No big parties or giant ballroom waltzes — just a quiet BBQ with the family with a nightcap movie to see Mission Impossible. It’s funny how we feel about our birthdays over the years: from the most important day to the most celebrated day to a day...Read More

The feeling of decisive movements, seminal events, are always with market participants. For as long as I’ve traded it was always over and let’s fucking go. These two thought processes are entirely distinct and we often get caught in between them — periods of consolidation and indecision. When trading daily, we tend to over exaggerate...Read More