Cramer: Nvidia Earnings as a Referendum on the AI Trade
📊 NVDA — Piyasa Yorumu
■ neutral · 55%The headline highlights that Nvidia's earnings are a significant test for the AI trade, yet this expectation has already been largely priced in by the market. Technical indicators are mixed: RSI stands at 47.8, in neutral territory; MACD is negative but approaching its signal line; and the price sits just above the SMA20 but below the SMA50. A 1.8% decline over the last 24 hours suggests continued short-term selling pressure. With high short-term directional uncertainty, a neutral outlook prevails.
📊 AMD — Piyasa Yorumu
▲ up · 60%AMD shares have risen 3.7% in the last 24 hours, showing strong momentum with an RSI of 59.8, just below overbought territory. The MACD line is above the signal line and approaching positive territory, suggesting that short-term buying pressure may continue. The price is above both the 20-day and 50-day moving averages, supporting the technical outlook. Cramer's view of Nvidia's earnings as a referendum on AI trade could also positively impact AMD across the sector. However, since the news is not directly specific to AMD and the market's sensitivity to AI stocks in general, the impact may be limited.