“Stock Market & Crypto Analysis for Week Ending 8/21/26”
NVDA has potential to rise after earnings; downside risk is limited, making a bullish options play tempting.
This tightening of this range will be resolved next week as Nvidia reports earnings on Wednesday after the close.
Now, I'm hoping that Nvidia runs up ahead of earnings. The scenario I had outlined is maybe on Monday it does an inside day. So, we kind of see something like this, contained within today's range.