NVIDIA Earnings Season Review — Why I Didn’t Chase the High

June 1st, NVDA surged 6%, I almost bought in. At that moment, one voice in my head said: “If I don’t buy now, it’ll be too late, it’s going to 300.” Another voice said: “Wait, look at the volume.”

I held back. I opened Gate’s daily K chart for NVDA and saw that the trading volume that day didn’t significantly increase. A healthy breakout should be accompanied by increased volume; a rise on low volume is often a trap. Sure enough, the stock price pulled back slightly over the next two days. I bought at 225.67, which was $1.60 higher than the June 1st close of 224.04. Although I paid a bit more, at least I didn’t jump in at the emotional high.

This is a painful lesson I learned from the crypto world: never place an order out of FOMO. I once chased Dogecoin when it hit 0.07, only to get trapped for three months. Since then, I set a rule — if a coin (or stock) rises more than 5% and I haven’t bought in yet, I skip that move and wait for the next opportunity. The market never lacks opportunities; what’s missing is capital.

This earnings report for NVDA was actually very impressive: revenue of $81.6 billion, up 85% year-over-year, with next quarter guidance of $91 billion far exceeding expectations. It should have continued to rise. But why did it consolidate after the big jump on June 1st? Because the good news was already partly priced in. The smart institutions on Wall Street had already pushed the price up before the earnings release. When retail investors saw the earnings and chased in, institutions were quietly offloading.

So my current strategy is: don’t trade a week before earnings, wait until after the earnings are released and the market has digested the news for two or three days before making a decision. If earnings beat expectations but the stock doesn’t rise (or even falls), that might be a buying opportunity; if earnings meet expectations but the stock surges, I’ll stay on the sidelines.

This time, NVDA was “better-than-expected + rose,” so I chose to wait for a pullback to buy. I only waited for a small correction from 224 to 225, but at least I didn’t chase at the top. Losing a tiny 0.01 share doesn’t cost much, but developing the right habits is a hundred times more important than earning a few cents. #分享美股交易赢英伟达股票