🚨 Be careful when trading this week ahead of the quarterly figures on $NVDA (+0,38 %) on Wednesday. Remember, Nvidia makes up 7% of the entire S&P500 $CSPX (+0,61 %) so it drags the whole market down when it falls. Remember the last quarterly report? Strong earnings reported, but still failed to satisfy investors' insatiable greed and fell 10%, wiping out $279 billion.
I recommend not betting on quarterly numbers as it's like a coin flip and implied volatility loss is a real thing (ask me how I know, lol, made a lot of mistakes early on).
I will still open some positions where I see a good risk/reward ratio.