Outlook 11/21: Stock futures jump as investors bought the dip in Nvidia shares that followed its earnings Wednesday night. Nvidia reported better-than-expected third-quarter results but shares of the AI-chip juggernaut, which are already up 194% this year, initially fell in response. Some traders cited the chipmaker’s slowing revenue growth from previous quarters as cause for concern. Or that the chipmaker didn’t exceed the most optimistic estimate in its forecast for the next quarter. But the stock punched into the green in premarket trading as investors bought the dip and as most Wall Street analysts gave bullish reports on the earnings and raised their price targets.
ESZ24 (DEC2024): YVAH 5930 YPOC 5909 YVAL 5890 GAP 5942
/ES Plan: Yesterday market closed bullish, and overnight continues on that way, moving above previous value/range, so these're the opening and initial balance options for current session: