November 18, 2024

Good morning!

We’ve got a monster week ahead, and we couldn’t be more excited. Let’s dive into the updates for the week:

Nvidia (NVDA): Earnings are set for Wednesday. Strong results could reignite momentum in the AI and semiconductor sectors. We'll be closely watching guidance on data center demand and AI chip sales.

Palo Alto Networks (PANW): Anticipating strong demand for cybersecurity solutions, likely fueled by increased corporate spending on network security. Another key report to watch for insights into the AI space.

Snowflake (SNOW): This one has our attention, especially after lackluster responses to the last two reports. Interestingly, we've noticed significant call option activity in this name.

No changes for NNE, BITX, HIMS, and GME. Avoid overthinking at this point.

From a technical perspective, the market remains in a strong position, ready to launch. NVDA's earnings on Wednesday will be a major driver this week. We're looking to make some additions, so be ready!