Market Commentary for Wednesday, August 27, 2025, by Peter Cook
We continue to see anticipation show itself ahead of #NVDA earnings. You could tell people were piling in yesterday afternoon with the one-way rally we got into the close.
#MDB reported earnings and it's up 30% - that's got software stocks moving. #DDOG is another one to watch in sympathy to #MDB.
There is light economic data today, so we should trade pretty technically - the drift up into the earnings anticipation is here. Asia was weak last night with China down 2% and Japan down 1%. Even Poland is off this morning. The US Dollar is rallying too.
I'll be pressing longs intraday today into the #NVDA anticipation, looking for support at the 0DTE Implied Lows if we get some long setups. Remember, I mentioned #NVDA typically sells from the Open of Tomorrow to the Close tomorrow, most of the earnings move will happen on the gap up or down after hours. The gap up will have a tendency to want to be monetized / profits locked in and a gap down will cause a panic with trapped longs and chunky hedging from a week or two ago still present in the Open Interest.
Levels:
All the best;
Peter Cook
#NQ_F Chatroom Chief Moderator
Hamzei Analytics, LLC
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