Nvidia: Positive View, Negative View and My Opinion

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What’s in Today’s Report:

  • Nvidia: Positive View, Negative View and My Opinion

Futures are slightly higher following Thursday’s declines as markets attempt to stabilize after a volatile week.

Economically, Eurozone Flash GDP rose 0.4% q/q, in line with expectations, while Employment Change was flat (0.0%) vs. (E) 0.2%.

Today focus will be on PPI (E: 0.4% m/m, 6.6% y/y), Core PPI (E: 0.3% m/m, 5.0% y/y), with another hot reading likely to reinforce expectations for further Fed rate hikes.

Finally, another round of Fed speakers: Collins (9:10 a.m. ET), Logan (9:40 a.m. ET), Collins (10:35 a.m. ET), Bowman (10:50 a.m. ET), Daly (12:00 p.m. ET) and Jefferson (7:00 p.m. ET). No notable earnings releases.

 

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