$NVIDIA(NVDA)$ Why I am making this trade? Despite market fears of an AI spending slowdown, real-world infrastructure demand continues to expand. Major cloud providers and AI infrastructure players (such as CoreWeave, which recently reported a 168% revenue surge and a $132.5 billion backlog) indicate that data center buildouts remain robust. Nvidia reports Q3 results on November 17. If management guides for slower 2027 data center orders or steeper-than-expected gross margin pressure, analysts could cut forward earnings estimates—which would make today's cheap forward P/E multiple appear artificially low in hindsight. I will exit my position If this happens.
A week shortened for the Good Friday holiday, which will close the U.S. stock market on April 7, is encouraging investors to sit on their hands, but the March nonfarm payrolls report will still be published on that day, and traders will be wary of being badly positioned and not able to immediately react.