2024
chapter 3 ā May 22, 2024
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Just like the CPI report, NVIDIAās earnings will be announced.
Itās hard to believe that the flow of money all around the world can change based on the results of a single company.
Iām glad I chose index investing, but if the earnings turn out bad, Iāll be facing unrealized losses.
Even if the market rebounds quickly, itās bound to put me in a bad mood.
Well then, whatās going to happen?
Recent Note
āAbout Tomorrowās Stock Pricesā
I know itās a dull title for a novel site, but tomorrow is going to be an incredibly important day for the global economy.
Why, you ask?
Because itās the earnings announcement of a certain company.
Have you heard of a company called NVIDIA?
Itās a semiconductor-related firm with one of the highest market capitalizations in the world.
In fact, itās even higher than Appleās.
It ranks among the top three companies globally.
Last week, global stock prices rose in response to the results of U.S. economic indicators.
Just when it seemed like things had settled down, tomorrowās earnings report is coming up.
As you probably know, the current global stock market rally has been driven by the AI boom,
and at the very core of that boom is NVIDIA.
Even if youāre not interested in stocks, tomorrowās market movements will be worth watching.
Itās not an exaggeration to say that if NVIDIAās stock soars, we could be entering a bubble-like rally for some time to come.
Donāt dismiss it as ājust one company.ā
The market tends to move more on speculation than on hard economic data.
Personally, Iām hoping this prediction turns out wrong and things stay calm.
For long-term investors like me, short-term volatility isnāt exactly welcome.
Still, even if youāre not into investingā
take a look at tomorrowās stock prices.
I think youāll find it quite fascinating.
Investment amount: „6,392,022 (+„265,160)