“$GCT showing signs of a reversal! 🚀 Up 7.91% today, bouncing off support near $20. Watch for a breakout above $23.70 for a run toward $27+. RSI recovering, and momentum building. Perfect setup for a bullish swing trade! 📈🔥

Building the infrastructure for AI is still very much a work in progress. Capital expenditure at Microsoft , Meta , Alphabet and Amazon reached a combined $60 billion in the third quarter. But companies warned that the spending is not going to end anytime soon.
I am writing this article to examine whether Nvidia can continue to win with more orders as Big Tech AI Capex spending cycle does not seem to show signs of slowing down.
I...

Daily Sprout 🌱 (19 Nov)
US stocks closed mixed as investors await Nvidia’s earnings later this week, while Tesla’s stock surged on press reports that President-elect Donald Trump may ease regulations on self-driving vehicles.
STI ⬇️ 0.32%  HSI ⬆️ 0.77% NKY ⬇️ 1.09%
S&P500 ⬆️ 0.39% Nasdaq ⬆️ 0.60%  DJIA ⬇️ 0.13%  Russell2000 ⬆️ 0.11%
What's Sprouting
🌱 Genting Singapore’s license to operate a casino in Singapore has been renewed for two years, instead of the usual three-ye...

Pre-Earnings Strategy: First things first—know the key numbers and the market expectations. But keep in mind, NVIDIA’s revenue recognition can get tricky, so don’t be surprised by unpredictable results. This is why a solid strategy, proper positioning, and downside protection are essential going into the report.
1. Core Numbers & Expectations
Where do Buy-Side Expectations Come From? NVIDIA has been beating guidance by around $2 billion each q...