Market Condition: Bounce (Looking for Higher Low)

Commentary: The only news in town is NVDA right now. Not a lot else to talk about. I didn't see any other catalyst that I like on a day like this. Would be good to see the market shake it off.

I'm looking at NVDA as a good Stock in Play today. Unusual to get such huge news on a stock like this. Likely to be very volatile and a day trader's dream. My bias is short but willing to look at bounces also.

Cautious on adding any swing risk for now. Lots of FED speakers today also. Not sure if that will be relevant but worth noting.

PR Catalyst · Magnitude · Mkt cap $4.2T · Float 23.1B · SI 1.2% (2.8 days) · Nasdaq · Theme: AI > AI Infrastructure · Next earnings 17 Nov

Why: There is nothing that will be more important today than this news. It's massive. Only comparable thing would be Elon resigning. The stock is down 10% right now. I think this is worth more than that. Especially that they haven't reiterated guide or announced earnings. There will be doubt that there is more to come here in terms of negative news for the company.

I think this is a good tactical Stock in Play today. However it will be certainly possible that it rips higher on a Press Release regarding earnings and guidance that reassures the market.

Level: Round Number Fail/VWAP Fail

Catalyst Winners 2026: TradingView

DCTH - Earnings Catalyst - 9th November 2026 - 100% Remaining

VIR - Biotech Catalyst - 11th November 2026 - Stopped Out - -3.93%
INLF - PR Catalyst - 11th November 2026 - Stopped Out B/E - +1.01%
RSKD - Earnings Catalyst - 11th November 2026 - Stopped Out - -3.09%

Thursday November 12 2026

8:30 AM - Jobless Claims 4-Week Average (Nov/07) (Previous: 195.25 K, Consensus: 192.5 K)

8:30 AM - Continuing Jobless Claims (Oct/31) (Previous: 1717 K, Consensus: 1710 K)

8:30 AM - Initial Jobless Claims (Nov/07) (Previous: 191 K, Consensus: 195 K)

10:00 AM - Existing Home Sales MoM (Oct) (Previous: 1.5%, Consensus: 0.3%)

10:00 AM - Existing Home Sales (Oct) (Previous: 3.99 M, Consensus: 3.85 M)

12:00 PM - EIA Gasoline Stocks Change (Nov/06) (Previous: -0.222 M, Consensus: -0.1 M)

12:00 PM - EIA Crude Oil Stocks Change (Nov/06) (Previous: -0.865 M, Consensus: -1.1 M)

2:00 PM - Budget Balance (Oct) (Previous: -27 B, Consensus: -298.6 B)

Fed Speakers: Hammack 9:00 AM · Barr 10:00 AM · Goolsbee 11:30 AM · Daly 1:10 PM · Schmid 1:30 PM · Williams 6:30 PM

RZRA - Rezera Inc. - Nasdaq

XBI -1.75% on the week and +6.48% on the month, above its 50-day.

Today: Thu 12 Nov · NERV (Minerva Neurosciences, Inc.) · Readout

Note: Never front-run biotech catalysts. Wait for the catalyst to hit, then assess if the reaction is tradable. Dates are estimates and can shift.

Full H2 Biotech Watchlist: TradingView

Have a Great Day!

Sean Sharpe