Three massive catalysts hitting back-to-back over the next 10 days—each one could swing the tape hard.
First up: $NVDA earnings on Wednesday, August 26th. This is the AI bellwether. If Jensen delivers another beat-and-raise, we could see a melt-up across the entire AI complex. If guidance disappoints or data center growth slows, expect a fast flush in semis and mega-cap tech. Watch the reaction in $AMD, $AVGO, $TSM—they'll all trade in sympathy. This is the single biggest risk event for AI stocks this month.
Next: Kevin Warsh speaks at Jackson Hole on Friday, August 28th. This is his first major policy speech, and the market will be parsing every word for clues on Fed direction, inflation stance, and rate path. Any hawkish tilt could pressure growth stocks and boost the dollar. Any dovish lean could fuel a relief rally. Expect volatility around this—especially if he signals a shift from current consensus.
Finally: End-of-month rebalancing on Monday, August 31st. Historically, EOM flows create chasing behavior as funds rebalance portfolios. If we're trending higher into month-end, this could add fuel to the move. If we're weak, it might amplify the selloff. Either way, it's a technical catalyst that can create short-term momentum.
Bottom line: $NVDA earnings set the tone for AI, Warsh sets the tone for macro, and EOM flows set the tone for momentum. Trade accordingly.
First up: $NVDA earnings on Wednesday, August 26th. This is the AI bellwether. If Jensen delivers another beat-and-raise, we could see a melt-up across the entire AI complex. If guidance disappoints or data center growth slows, expect a fast flush in semis and mega-cap tech. Watch the reaction in $AMD, $AVGO, $TSM—they'll all trade in sympathy. This is the single biggest risk event for AI stocks this month.
Next: Kevin Warsh speaks at Jackson Hole on Friday, August 28th. This is his first major policy speech, and the market will be parsing every word for clues on Fed direction, inflation stance, and rate path. Any hawkish tilt could pressure growth stocks and boost the dollar. Any dovish lean could fuel a relief rally. Expect volatility around this—especially if he signals a shift from current consensus.
Finally: End-of-month rebalancing on Monday, August 31st. Historically, EOM flows create chasing behavior as funds rebalance portfolios. If we're trending higher into month-end, this could add fuel to the move. If we're weak, it might amplify the selloff. Either way, it's a technical catalyst that can create short-term momentum.
Bottom line: $NVDA earnings set the tone for AI, Warsh sets the tone for macro, and EOM flows set the tone for momentum. Trade accordingly.