Stock Market Mentor on $NVDA (Oct 30, 2026)
NVDA is holding around the 200 level and is the axle the whole market turns on; its November 17 earnings are the big event, and unless the numbers are spectacular and the market likes them, it would be an earthquake that crushes many stocks, while good numbers would lift many. The speaker advises not to bet — buying NVDA here is gambling.
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Also, the November 17 earnings report hasn't been confirmed, but my feeling is that if Nvidia's earnings aren't spectacular, extraordinary, and out of the ordinary, the whole world will be in turmoil.
It'll be an epic nightmare because Nvidia has a hand in everything.
The chart shows Nvidia as the center of all this. All the money, one way or another, goes through Nvidia, or goes to it, or comes from it. Everything moves in that direction. So, Nvidia is the axle of the wheel that all the other sides connect to and then branch out to their various places.
So far, Nvidia is holding up. At the 200 level, but if the company announces earnings that the market isn't happy with, it will be an earthquake, because that's the only thing that's been supporting the situation right now.
everyone looks at Nvidia and says, "Oh, Nvidia is amazing." So if they announce good numbers, and here's what good numbers mean: good numbers are what the market likes, and people buy the stock because of them.
So don't look at the number itself. You and I could trade Nvidia stock. If you knew the earnings were coming out, even without hearing about them or knowing what they are, or what others have said about them, and if you just looked at the chart, your trading would be better than drowning in balance sheets and all that useless nonsense.
All that matters is the stock, but I'm telling you, there's a huge, massive impact that goes beyond just what that stock does. It will support many stocks if the earnings are positive and the stock rises, and it will crush many stocks if the earnings are, let's say, below par.
So, my suggestion is not to bet. You're betting, and if you're buying Nvidia or just ignoring it and saying, "Oh, it's Nvidia, they're going to do great." That's fine, maybe it is, but I'm telling you, you're gambling. So, Nvidia will be the big event.
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Stock Market Mentor has 3 calls on this stock; only the adjacent ones are shown.