NVDA is the only thing that matters this week. The $5.2 trillion chipmaker reports Wednesday after the close. Markets are pricing in uncertainty from every angle. Options flow is skewed bearish. Short sellers have added positions. Yet analysts still see 42% upside. That gap between optimism and hedging tells the whole story.
AMD and MU are caught in NVDA's shadow. Both names carry heavy put interest. AMD's RSI has slipped to 45.8. Micron is up 239% year-to-date. Traders are clearly hedging the AI trade ahead of Wednesday's print.
The week is stacked beyond Nvidia. INTU reports Tuesday. CRM and SNPS follow Wednesday. reports Thursday — AI chip demand will be the key focus there. Canadian banks and also release Q3 results Thursday morning.
Bill Gates filed $346M in purchases of RSG this week. He is now the waste collection firm's largest non-institutional buyer. DST Global filed $387M in sales of CHYM shares — Chime's VC backers are locking in gains after the recent IPO. SYK director Ronda Stryker sold $118M in shares on August 20.
RDDT short interest jumped 4.1 points to 17.6% of free float in one week. Bears are loading up ahead of a catalyst. WOLF remains extreme at 83.4% SI % FF. CHTR rose 2.9 points to 32.4% as cord-cutting pressure mounts.
LMT was upgraded today. Defense and utilities drew fresh analyst attention, with EVRG also receiving a Buy rating.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
