NVDA earnings and huge insider selling on AMZN - Bezos - 11-22-23 Market Update

NVDA earnings blew away estimates AGAIN. Stock is down because of China sales restrictions. Plus Jeff Bezos will begin aggressively selling Amazon stock.

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NOTES

Nvidia  shares fell less than 1% in extended-hours trading on Tuesday even as the semiconductor giant posted third-quarter results and guidance that beat expectations by a wide margin

The company said it expects sales in China to decline "significantly," citing the recent export curb controls from the Biden Administration. The decline will be offset by growth in other regions

⁠$nvda in charts ⁠

$SMCI was the play for me, but that’s even down with NVDA because it just ran up too much in to earnings. I’m still holding

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$AMZN - Jeff Bezos will continue to aggressively sell the stock - that’s from his reps

SCANS

$KO

$SQQQ - time to get out of $TQQQ 

$PSQ

$SDOW

$WYNN

$TTD

$BITW

$CI

$VZ

$LULU

$BKR

$AEP

$EA

$EBAY

$SGEN

$LMT

Charts are in the newsletter