US market waiting nervously for NVDA earnings…

 US market is extremely jittery ahead of NVDA earnings on Wednesday.

NVDA beat is a given BUT needs to explain all the funding given to many buyers.

I expect NVDA to assure market that there is no more focus on funding anymore purchases or long term commitments.

NVDA guidance to be above expectations.

AI correction was severe as many memory and storage stocks have been beaten down BUT that may change going into Q3 and Q4 strong quarters.

Here is how my last week ended:

Last week down      14.29%

YTD UP                   69.10%

Here is my weighting on 77% exposure:

AMDL                      46.06%

MU.TO                     14.59%

MVLL                       14.29%

GGLL                        14.24%

SNDU                        10.82%

BLOG does NOT give buy or sell.

Saleem