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NVIDIA EARNINGS: THE SUPERBOWL COMES FIVE TIMES A YEAR

Here's our take on the market this week.

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THE FOURTH INDUSTRIAL REVOLUTION IS HERE!

My name is Sam. I write articles on growth stocks and macro for the WOLF Financial newsletter.

For more of my content, follow me on X @samsolid57

The big question on everyone’s mind right now…
Do we revisit the April lows, or rip back to all-time highs?

Let me walk you through where I stand.

We’ve already seen a strong bounce off the April lows. And as of this week, we’re back at the 200-day moving average on $SPX. That’s a big deal.

For many traders, this is what’s called a retest… the moment a breakout comes back to check support before making the next move. In classic technical setups, this is often where the next leg higher begins… assuming momentum holds.

But we have to stay sharp. A breakdown here is still possible.
It’s a short week, volumes may be light, and headlines could swing sentiment fast.

Still, I’m leaning bullish.
And here’s why.

Two Catalysts on Deck

First, a potential U.S.-EU trade deal.

We already locked in the China deal last week. And if you know how Trump negotiates, you know what’s coming. He tends to escalate tariff threats right before closing a deal, a classic pressure tactic.

He’s already floated a 50% tariff on EU imports starting June 1.
That means something needs to happen this week.

The EU isn’t in an urgent squeeze like China was, but we’re running out of runway. Either we get a last-minute breakthrough… or Trump extends the deadline. Either way, the market is watching closely.

Second, Nvidia.

Let’s not sugarcoat it, this is the Super Bowl of earnings.

$NVDA reports Wednesday, and it’s become the single most important earnings event on the calendar… four times a year. It moves not just Nvidia, but the entire AI ecosystem, semiconductors, and mega-cap tech via sympathy trades and algos.

This isn’t just about chips.
It’s about macro signals: capex trends, enterprise AI spending, hyperscaler demand, and forward guidance

And at $3T in market cap, what Nvidia says becomes market law.

So yeah, circle that date.

So What Now?

Markets are closed on Monday for Memorial Day.
We reopen Tuesday with the $SPX sitting right on the 200-day.

If we hold the line and Nvidia delivers?
We could rocket back toward the highs.

If tariffs escalate or earnings disappoint?
We may chop… or worse, roll over.

But here’s the thing, this isn’t a panic moment.
This is a time to think in probabilities, not emotions.

I don’t know exactly what’ll happen this week. No one does.
But I do know this…

Markets reward positioning, not guessing.

So enjoy the BBQ, rest up, and I’ll see you Tuesday when it’s game time.

If you're in the U.S., happy Memorial Day. If not, have a drink anyway. 🍻

Let's get ready.

See the full macro breakdown and recap! Check out my Substack: Hidden Edge Capital - See link below for my latest market breakdown!

Have a Blessed Weekend!

Disclaimer: Wolf Financial does NOT offer financial advice. All content provided is strictly for informational purposes. Wolf Financial is not registered as an investment, legal, or tax advisor, nor as a broker/dealer. Please be aware that trading any stock or crypto-related asset carries inherent risks and may lead to substantial capital losses.

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