# The #1 Lesson from NVDA’s Earnings

Canonical: https://stocksurgedaily.com/the-1-lesson-from-nvdas-earnings/

Hey, Ross here:

The biggest market story from yesterday was Nvidia’s blockbuster – but simultaneously below-expectations – earnings.

And even though the U.S. market has just opened…

We can look at the European markets to see how NVDA stock is responding to its latest earnings.

**Chart of the Day**

![](/wp-content/uploads/2024/08/image-27.png)

This is NVDA trading on the Frankfurt Stock exchange, which opens 7.5 hours ahead of the U.S. markets.

As you can see, it immediately “gapped down” on the open – falling 7% – and that’s after already being down the day prior.

Nvidia had reported a staggering 122% revenue growth and 168% earnings growth – blockbuster results by almost any measure.

Plus, this revenue and earnings growth was also ahead of analysts’ estimates.

And yet, the immediate response of the market was sharply _negative_.

The lesson here – which I explain in the Insight of the Day below – is one every trader should always keep firmly in mind.

**Insight of the Day**

**Making money on a stock is all about knowing how much future growth has already been priced in**.

The stock market is a discounting mechanism.

This means it “discounts” a company’s future growth and translates it into current prices.

Whether a stock goes up or down depends on precisely how much future growth has been priced in – and how much these growth expectations change.

This is very difficult to do – which is why my strategy is to follow the footsteps of those who can do this “work” for us.

The corporate insiders are a prime example, because they know more about their own stock than any analyst.

I mean, Nvidia CEO Jensen Huang was heavily _selling_ NVDA stock leading up to the earnings report.

But if you want to target outsized gains, we want to look at when the insiders are _buying._

Like when the insiders started piling on this tiny chemicals manufacturer – and it shot up **38% in 3 days** after I recommended it.

![](/wp-content/uploads/2024/08/image-28.png)

And this is just one of many “insider” opportunities up for grabs

That’s why **[tomorrow morning at 12 p.m. Eastern…](https://joinnow.live/s/FmJahC)**

I’m going LIVE for a masterclass that will show you exactly what you need to do to exploit these “insider” opportunities right now.

This masterclass will include:

*   How to access the database containing the records of all these insider trades…
    
*   The subtle yet dangerous mistakes traders make when trying to follow these insiders…
    
*   The 3 counterintuitive insider buying signals you must know about…
    

And much more.

So please **[click here to save your spot for my live masterclass tomorrow morning…](https://joinnow.live/s/FmJahC)**

And I’ll see you at 12 p.m. ET tomorrow.

**Customer Story of the Day**

**“Have only been active with Ross Givens for a couple of weeks now; but have already learned a new, interesting and valued perspective on analyzing stock price action. Very happy I signed up.”**

Embrace the surge,

![](/wp-content/uploads/2024/01/unnamed-12.png)

**Ross Givens**  
Editor, _Stock Surge Daily_