MDM will resume its BUY signal. While the NASDAQ Composite looks to trade more volume than yesterday, NVDA trading has slowed somewhat so it will likely not trade sufficient volume for a pocket pivot volume. This makes sense since some may not wish to buy right before earnings which are reported after the close.
Polymarket has frequently proven more accurate than traditional analysts and pundits in recent years, especially on high-profile, politically charged, or fast-moving events where crowd wisdom and real-money incentives outperform expert forecasts. Traders risk capital, creating strong incentives to be right (unlike pundits or analysts who risk only reputation).Polymarket's strong odds favoring a higher NVDA price after earnings (currently ~78–84% for up/flat-to-up on Feb 26 open) are likely because the market has already priced in a near-certain earnings beat (92–95% in the beat/miss market). Traders are heavily positioned for NVDA to clear expectations on revenue and Blackwell demand, with guidance seen as the real catalyst. Since a beat is widely anticipated, any in-line or slightly better-than-expected commentary would sustain momentum, trigger short covering, and close the recent gap down from Feb 3.
Of course, a "sell the news" or any signs of slowing in NVDA's earnings report would send NVDA and markets lower tomorrow, though Polymarket odds for such an occurrence are significantly less.
Also keep in mind that NVDA could gap higher at tomorrow's open then sell off taking the market with it, so keep stops tight. In such an event, price/volume selling pressure would be reflected in the NASDAQ Composite, potentially pushing the model back into cash (or sell).Suggested ETFs (Note: Many members buy the standard ETFs or their preferred ETFs. This list serves as a guide as to which ETFs we think may outperform, but the key point is to be on the right side of the market regardless of which ETF or ETFs one chooses.)
1-times
SPY (S&P 500)
QQQ (NASDAQ-100)
2-times
SSO (S&P 500)
QLD (NASDAQ-100)
3-times
UPRO (S&P 500)
TQQQ (NASDAQ-100)
TECL (Direxion Trust Technology)
NOTE: This is a suggested list. Investors may wish to become acquainted with the full range of available ETFs, and should make an effort to understand how these ETFs are created and what their components are, as well as being aware of the downside risks involved, especially with leveraged ETFs. Certain ETFs may be more appropriate depending on one's risk tolerance levels. Typing in keyword 'ETF' into the FAQ keyword search bar or going here https://www.virtueofselfishinvesting.com/faqs/search?p=1&q=etf and visiting this site https://etfdb.com/ can be instructive.