Hey, Ross here:
Market leader Nvidia released earnings after hours yesterday – and it once again outperformed expectations.
The stock has popped in the after hours, and we’ll likely see a nice gap up at the open today for both the stock and the entire market.
Investors have also taken the Trade Court ruling against the tariffs positively, but we’ll have to see how that plays out.
In the meantime, it appears the impact of tariffs may not be as dire as the media is making it out to be.
Chart of the Day
This shows the number of S&P 500 companies withdrawing their yearly earnings guidance during their latest quarterly reports.
Companies withdrawing guidance is a gauge of uncertainty, as it means they’re not confident in predicting their financial prospects through the rest of the year.
As you can see, at the start of the pandemic, 100 companies withdrew their earnings guidance in the first quarter of 2020.
For the first quarter of 2025 though, only eight companies have done so – a tiny fraction of what we saw back then.
In short, while the tariffs did indeed generate a lot of uncertainty in the stock market…
The situation “on the ground” is likely far different from what the media is trying to portray.
Insight of the Day
The more you understand the true “facts on the ground” the more prepared you will be to navigate the market.
In this era, we don’t lack information.
Information is everywhere, and freely available at our fingertips.
But most of that information is just noise – full of bias, half-truths, and deliberate lies.
Those who have access to more signal – who can see past the noise being force fed to everyone else – have a powerful advantage.
That’s why tomorrow morning at 11 a.m. Eastern…
I’m going LIVE to show you how to consistently access one of the purest and most consistent sources of signal in this market.
Once you have access to this signal, you’ll be able to look past all the media bias and the fear-mongering headlines to target the most profitable opportunities in this market.
This signal has led to some of the biggest wins in my career…
And I can’t wait to share it with you tomorrow morning.
Click here to register for my live session…
And I’ll see you Friday morning at 11 a.m. ET.
P.S. If you’re planning to attend on a mobile device, download the presentation app now so you don’t miss anything when it starts.
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Customer Story of the Day
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Lots of people love them for the Insider trade alerts and analysis Ross sends out regularly and are exciting news for one’s portfolio but I personally would recommend every single service of the agency as evenly valuable assuming it fits one’s style of trading.
All the best always and forever to Ross and crew.”
Embrace the surge,
Ross Givens
Editor, Stock Surge Daily
