| Last week, we warned our Derby City Daily readers that a "buy the rumor, sell the news" event could hit Nvidia (NVDA). We analyzed the market psychology, the soaring stock price, the high expectations, and the potential risks heading into its critical second-quarter earnings report. The idea was that investors were buying up NVDA shares on positive rumors – anticipating yet another blowout earnings report. Then, once the news was announced, all those folks would sell their shares to take profits off the table. Because the thing about a "buy the rumor, sell the news" phenomenon is, it doesn't matter how great the actual news is. The stock can still plummet once it's released. And then it happened. On Thursday, even with NVDA's incredible results and an initially bullish reaction across the tech sector, the stock plummeted through the day from its opening highs and ended the day basically flat. 
Meanwhile, the rest of the semiconductor and tech sectors tanked, leading to a one-day decline of over 2% in the Nasdaq. They "sold the news." And our prediction came true. But I'm not saying this to brag. I'm saying this because being right means being prepared: It means understanding the market, following the data, and making informed decisions. That's the "edge" we bring you with Derby City Insights to help you get the jump on every other investor out there. Our social media machine sifts through millions of posts per day to give us a real-time read on where consumers are spending their money. It's a huge advantage – one that gave our MegaTrends subscribers a chance to cash in on NVDA under $130 per share and make 262.34% in under a year. And it's one we can use now to cut through the noise and focus on the moneymaking opportunities at hand... Click here to continue reading | 
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