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NYSE insider Jay Woods has provided trading insights in a weekly video for CNBC PRO subscribers, highlighting upcoming earnings reports from major companies such as Delta Air Lines and Constellation Brands.
Nvidia will attract most of the attention in tech this week, but Micron Technology and Oklo should be watched as well, Jay Woods said Monday.
The price action for Netflix seems to be telling us something about where the stock could be heading next, according to Jay Woods.
NYSE insider Jay Woods advised CNBC PRO subscribers to monitor key levels on the S&P 500, as other indexes have already entered correction territory.
The broad market index is fast approaching its 200-day moving average, which is at 6,582.
Upcoming earnings reports from tech giants Nvidia, Salesforce, and Snowflake are anticipated to be crucial for the market this week, potentially influencing the S&P 500 amidst a significant AI reckoning.
Technical chart analysts are advising investors against pursuing the current market comeback rally, citing a troubling breakdown in longer-term trends and anticipating more potential downside in the market.
Beyond the war, this week will see a highly-awaited February jobs report along with key earnings from Target, Broadcom and beaten-down CrowdStrike.
Jay Woods suggests that an upcoming earnings report from a major retail giant could present an attractive investment opportunity this week.