Nvidia earnings will be in focus after the close on Wednesday Feb 21st. Investors will want to know if AI hype is still driving demand for Nvidia’s chips and they will want to see how Nvidia view future earnings as the US economy shows signs of slowing. A strong earnings release from Nvidia and a positive outlook can lift sentiment across the wider market, so this release could see some significant volatility.
Looking at Nvidia’s seasonals Seasonax reveals some great observations including a period of weakness ahead followed by dip buyers in March as well as outsized summer moves. There is a lot to take in here and significant volatility to note!
The major trade risk here is that the strong seasonals don’t necessarily repeat themselves again this year.
Remember, don’t just trade it Seasonax It!