📚 Main Topics

1. Nvidia Earnings Report

   • Nvidia reported a 78% year-over-year revenue increaseand beat EPS estimates (89 vs. 84).
   • Despite strong earnings, Nvidia's stock price fell, indicating market skepticism.
   • The stock is currently in a downtrend, with key support levels at $125and potential further drops to $115-$116.

2. Market Overview

   • 60% of the S&P 500stocks fell, indicating overall market weakness.
   • Bitcoin prices are declining, correlating with broader market trends.
   • Concerns over Trump's tariff announcementsare contributing to market volatility.

3. Tariff News

   • Trump announced new tariffs, with significant implications for trade relations, particularly with Mexico and Canada.
   • The market is reacting to potential economic impacts, reminiscent of past trade wars.

4. Stock Movements

   • AP (AppLovin)faced a significant drop due to short seller reports, losing around 45% from its peak.
   • Teslaand Microsoft are under scrutiny, with key support levels at $288 and $398, respectively.

5. Economic Data

   • Upcoming economic data releases, including durable goods and GDP, could influence market movements.

✨ Key Takeaways

• Earnings vs. ExpectationsStrong earnings do not always lead to stock price increases if investor expectations are not met.
• Market CorrelationBitcoin's performance is increasingly correlated with the stock market, indicating broader economic sentiments.
• Political FactorsTariff announcements can significantly impact market stability and investor confidence.
• Volatility in StocksStocks like AP are experiencing extreme volatility, presenting both risks and opportunities for traders.

🧠 Lessons

• Monitor Key LevelsTraders should keep an eye on critical support and resistance levels for major stocks to make informed trading decisions.
• Adapt to Market ConditionsThe current market environment requires flexibility and readiness to adjust strategies based on new information and trends.
• Risk ManagementAlways define risk for trades, especially in volatile conditions, to protect against significant losses.