Good thing $NVDA isn’t trading at 78x earnings anymore like it was in 2024 or the 40% drop from the highs would be even greater
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BREAKING: Nvidia stock, $NVDA, plunges over -10% after Jensen Huang officially resigns as CEO.
The stock has now erased -$750 billion in market cap since the scandal began.
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$NBIS Earnings Snapshot:
Looks like the misses are timing-related.
Great to see a positive pre-tax income guide for end of 2027.
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US crude price (WTI) in perspective with US refined product prices (diesel/heating oil, gasoline) in USD/bbl (all front month futures contracts) #oott
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European gas prices are surging as record-low gas reserves meet record-high withdrawal rates.
Market structure dynamics
I think $CRWV ER was enough to be a mini-clearning event if it can hold till morning.
$NBIS can always change that, and so can $NVDA or some other economic news, but what matters is that this sets up further decay in puts.
That, in combination with time, is setting up nicely into MOPEX, Thanksgiving, and the Dec LEAP OPEX. This is how the Q4 rally is formed.
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$QQQ
First step: higher high.
Next step: no lower low.
Result: bottom.
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Snapshot of a great looking $CRWV quarter:
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CORRECTED!!! API Inventory Moves 11/10
THESE ARE THE CORRECTED FIGURES, thank you @Rory_Johnston
Crude +9.0 million
Gasoline +4k revised again
Distillates +1.5 million
Cushing +182,000
#oott #crudeoil #gasoline #distillates




























