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The Price of Truth - August 28, 2024 - Breaking Down NVIDIA's Recent Earnings Results

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Manage episode 436860828 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
NVIDIA’s recent earnings exceeded expectations with strong revenue and EPS, although market reaction remained cautious. Ilya Spivak discussed his strategic NASDAQ shorts and USD longs, reflecting on risk-off sentiment driving markets. He expects ongoing risk aversion but remains open to defensive assets like precious metals. Spivak also emphasized the decreasing magnitude of NVIDIA’s earnings surprises, suggesting investors are adjusting expectations. Tactical plays include short SPY vs. long RSP, and careful monitoring of global risk and economic data.
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1036 episodes

Artwork
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Manage episode 436860828 series 68544
Content provided by tastylive. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by tastylive or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
NVIDIA’s recent earnings exceeded expectations with strong revenue and EPS, although market reaction remained cautious. Ilya Spivak discussed his strategic NASDAQ shorts and USD longs, reflecting on risk-off sentiment driving markets. He expects ongoing risk aversion but remains open to defensive assets like precious metals. Spivak also emphasized the decreasing magnitude of NVIDIA’s earnings surprises, suggesting investors are adjusting expectations. Tactical plays include short SPY vs. long RSP, and careful monitoring of global risk and economic data.
  continue reading

1036 episodes

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