Nvidia Rebounds 2% ahead of 26 Aug Earnings; 5x Long DLC rises 11%
$NVIDIA(NVDA)$ snapped a seven-day losing streak ahead of its highly anticipated earnings, release after the US market close on Wednesday (26 August).
The stock rose 2.2%, lifting the $NVDA 5xLongSG280726(KJHW.SI)$ by around 11% while the $NVDA 5xShortSG280726(VU6W.SI)$ declined by similar magnitude.
Nvidia shares have declined immediately following its earnings in each of its last four releases. It was most recently on a 7-day losing streak, declining 7.4% over the period of 13 to 24 August.
Investors with a bullish view can consider the $NVDA 5xLongSG280726(KJHW.SI)$ , while those who expect further downside can consider the $NVDA 5xShortSG280726(VU6W.SI)$.
The 5x and 3x US Stock DLCs provide leveraged and inverse exposure to selected US stocks based on their US market close-to-close performance. By tracking overnight share-price movements during SGX market hours, these DLCs allow investors to gain exposure to post-market moves ahead of the next US market open.
View the full list of DLCs on dlc.socgen.com.
This advertisement has not been reviewed by the Monetary Authority of Singapore. This advertisement is distributed by Société Générale, Singapore Branch. This advertisement does not form part of any offer or invitation to buy or sell any daily leverage certificates (the “DLCs”), and nothing herein should be considered as financial advice or recommendation. The price may rise and fall in value rapidly and holders may lose all of their investment. Any past performance is not indicative of future performance. Investments in DLCs carry significant risks, please see dlc.socgen.com for further information and relevant risks. The DLCs are for specified investment products (SIP) qualified investors only.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- quixy·13:0311% on a 2.2% move is rich for 5x exposure, feels like overnight premium doing the work. Post-earnings that gap can compress fast if liquidity stays thinLikeReport