After a relatively quiet Tuesday, we're seeing some selling pressure in the premarket this Wednesday morning. We're not expecting much volatility today, as the market anticipates Nvidia (NASDAQ:NVDA)'s earnings report, which will be released after hours tonight. However, we might see a significant increase in volatility, particularly in the semiconductor sector, once the earnings are announced. We remain short-term bullish on the market, as long as the VIX closes below 13.41. This threshold will continue to decline daily.
This content was originally posted on the Stock Market Timing YouTube Channel
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