Rebel Capitalist News Nvidia Earnings Report REACTION (Real Time)
10 snips
Nov 20, 2025 In a real-time analysis, George dives into NVIDIA's earnings report, emphasizing its significant influence on the S&P index. He highlights how passive investment flows can amplify its market impact. The discussion shifts to the implications of Gemini 3, which may lessen reliance on NVIDIA chips for AI. George critiques the market's expectations, wondering if large earnings beats can sustain momentum. He also shares strategies for navigating after-hours volatility and wraps up with reflections on market signals and the importance of economic freedom.
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Nvidia Is A Market-Leveraging Stock
- Nvidia matters because it now represents roughly 8% of the S&P 500, giving passive inflows outsized impact on its price.
- That concentration makes Nvidia a systemic driver: big moves in Nvidia pull the S&P up or down.
Passive Flows Can Amplify Declines
- If passive flows reverse, large-cap concentration accelerates declines since index outflows hit Nvidia hardest.
- That makes broader market stability fragile if top weights suffer sustained weakness.
Lunch With Mike Green On Unemployment
- George Gammon recounts a multi-hour lunch with Mike Green discussing models linking unemployment to passive flows.
- Mike's work suggests unemployment rising to 5.5–6% could trigger net outflows from passive funds.
