The biggest earnings event of the month (and one of the biggest of the quarter) just happened. Nvidia released their earnings, and judging from the nice pop after-hours, it is being well-received.
After NVDA
Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
State of Play
After the big push higher yesterday, equity futures are docile this morning. Let’s review the /RTY over the past twenty-four hours or so………..
Tuesday Weld
Fifteen days ago, I was bracing myself for the surrender-to-China moment in the trade war. It was brutal, but I made it through intact. This morning I’m facing the same situation, but this time it’s surrender-to-EU instead. The rise isn’t as absolutely brutal, but at about 1.5% or so, it’s no walk in the park. All through the night, the US dollar has been gaining strength, which is in line with stronger equities.
Memorial Motion
Man, Moorea makes meandering morning musings more manageable.
As surely you have heard, our fearless leader has back-pedaled for the umpteenth time on what I had been told was his favorite word, tariffs. Whereas we had a delightful, Bear Force One-initiated plunge early on Friday, that entire drop has been undone, and then some, with Trump giving the EU yet even more time – – all the way through the July 9th “ninety day pause” terminus.
It’s kind of challenging trying to trade when a single tweet can upend everything.
Memorial Weekend Indexes
Here are some musings about the big indexes, as noted in captions:
