U.S. Market Investors Await Nvidia Earnings
U.S. futures remain flat as investors await Nvidia’s key earnings report. Meanwhile, Tesla sets up for a bullish breakout above the 50 EMA with targets of $400 and $428.
🔻 Flat Futures as Wall Street Eyes Nvidia Earnings & Tesla Trade Setup
U.S. stock futures traded flat Wednesday morning as investors gear up for Nvidia’s (NVDA) earnings report, expected after the close. Markets are holding their breath as this release could determine the next move for AI stocks and broader Big Tech momentum.
Additional catalysts include the Fed minutes, consumer confidence uptick, and easing global tariff tensions.
Market Focus: Nvidia’s AI Test Tonight
Nvidia (NVDA) is under the microscope as it gets ready to report earnings after the bell. Investors are looking for:
- Blowout sales numbers in AI/data center growth
- Bullish forward guidance to reassure tech bulls
- A broader lift for the semiconductor and AI-related sectors
Other earnings reports today:
📊 Macy’s (M) | Abercrombie (ANF) | Salesforce (CRM)
🇺🇸 Fed & Tariff Sentiment Boost Market Confidence
- Fed Meeting Minutes release today could impact rate outlook and market sentiment
- Trump delays EU tariffs, boosting U.S. consumer confidence
- India negotiates tariff rollbacks to prevent upcoming hikes
This geopolitical easing has helped steady equity markets after recent volatility.
📈 Weekly Trade: Long Tesla (TSLA)
Tesla has caught our attention this week with bullish technicals and supportive macro momentum. Here’s why we like it long:
-Trading above both 50 EMA and 200 EMA
- Retesting 50 EMA as support – a bullish continuation pattern
- Strong sector positioning and market resilience
Day Trade Breakdown
- Entry: Upon strength above $365
- Initial Price Target: $400
- Stretch Target: $428
- Stop Loss: $347 (recent swing low / AVWAP invalidation)
Tesla’s price action is shaping up for a strong breakout if buyers maintain control. The trade setup offers a clean risk-reward profile, especially if Nvidia’s report lifts sentiment in high-beta growth stocks.
What to Watch Next
🔍 Nvidia earnings (after market close)
📉 Fed minutes
📊 Continued trade policy shifts
🚗 Tesla price action following breakout confirmation
