Is Nvidia in Big Trouble? Supreme Court Plea Raises Alarms for Investors

[] Join me at 9:15 a.m. ET for “Morning Monster”! [] [] [] [Gold is STILL one of the best assets to trade — see how and why at 11:15 a.m. ET with me and Graham!]( Is Nvidia in Big Trouble? Supreme Court Plea Raises Alarms for Investors U.S. election day came and went. The results will be debated and confirmed in the days ahead. We have a day of break before we move on to the FOMC rate change announcement tomorrow. [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — Is Nvidia in Trouble? Supreme Court Plea Raises Alarms for Investors If you haven’t heard, Nvidia (NVDA) is making news for all the wrong reasons, yet you’d be hard-pressed to find much about it in mainstream media. Monday night, news broke that Nvidia requested legal immunity from the U.S. Supreme Court over accounting irregularities — and for those of us watching closely, this could have significant implications not just for Nvidia, but for the semiconductor sector as a whole. And this isn’t Nvidia’s first rodeo with the SEC... Back in 2003, it faced securities fraud charges and eventually settled. Now, it seems like history is repeating itself — the company is once again on thin ice. This time, Super Micro (SMCI), a major client of Nvidia, is also under investigation, with a delisting threat from Nasdaq if it fails to provide an audited compliance plan by Nov. 16. For Nvidia, it could be a serious domino effect, especially when we consider that SMCI ranks as their third-largest buyer of GPUs. If SMCI is forced to clean up or, worse, delist, the ripple effects could hit Nvidia’s lending program and potentially tighten its cash flow. Citadel CEO Ken Griffin saw the writing on the wall and sold nearly $1 billion in Nvidia stock — an eye-popping move that raises serious questions. What does he know that we don’t? Nvidia’s stock hasn’t shown any response to these headwinds, and given the past pullbacks in the semiconductor sector, we could see some troubling parallels. Even without insider info, traders need to read between the lines. Nvidia’s recent petition to the Supreme Court is a massive red flag. For Nvidia to preemptively ask for immunity signals that it may anticipate serious financial fallout. We’ve seen Nvidia’s chart show bullishness, but this level of scrutiny — coupled with Griffin’s massive exit — suggests that there could be more downside risk ahead for semiconductor ETFs and leveraged plays. If Nvidia doesn’t get the immunity it’s seeking, the company could be heading for a steep correction. And with all this mounting uncertainty, even those heavily bullish on semiconductors might want to start considering some protective strategies. For those holding Nvidia or any associated ETFs, it’s a good idea to keep an eye on the Nov. 16 deadline and prepare for possible turbulence. The takeaway here is simple: Don’t ignore the signs. Nvidia has managed to bounce back from scandal before, but this time, it may not have the same safety net. Traders need to keep a close watch and, if they’re overexposed, think about scaling back until the dust settles. Today’s Daily Chart Setup: Oceaneering International (OII) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. • OII is a new potential entry. Target: 27.63 Stop below: 21.98 • OII has a historical win rate of 87.1% • OII has a profit factor of 3.504 • OII trades last 50 trading days on average over 31 trades since 1975. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! [] _____________________________________________________ [] [Starting Soon] The Biggest Gold Opportunity for 2025! I’m about to go live at 11:15 a.m. ET today, Nov. 6! So while everyone's focused on Trump's presidency, Graham and I are sharing something that could [transform how you trade gold.]( Right now, we're revealing why we STILL believe gold is one of the best assets to invest in — but not for the reasons you might think. We'll show everyone a completely new way to target double- and triple-digit gains in just days… And our top gold stocks for 2025 —completely free! [Join Us Here at 11:15 a.m. ET!]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] [Gold is STILL one of the best assets to trade — see how and why at 11:15 a.m. ET with me and Graham!]( Is Nvidia in Big Trouble? Supreme Court Plea Raises Alarms for Investors U.S. election day came and went. The results will be debated and confirmed in the days ahead. We have a day of break before we move on to the FOMC rate change announcement tomorrow. [Come join me as we dive in and see what’s moving!]( Plus, as always, we have stocks popping and dropping so come find out what is moving this morning as I look for stocks and do some live premarket analysis on SPX, SPY, NDX, QQQ, Russell, IWM and other stocks that are potential plays for the day. — — — Is Nvidia in Trouble? Supreme Court Plea Raises Alarms for Investors If you haven’t heard, Nvidia (NVDA) is making news for all the wrong reasons, yet you’d be hard-pressed to find much about it in mainstream media. Monday night, news broke that Nvidia requested legal immunity from the U.S. Supreme Court over accounting irregularities — and for those of us watching closely, this could have significant implications not just for Nvidia, but for the semiconductor sector as a whole. And this isn’t Nvidia’s first rodeo with the SEC... Back in 2003, it faced securities fraud charges and eventually settled. Now, it seems like history is repeating itself — the company is once again on thin ice. This time, Super Micro (SMCI), a major client of Nvidia, is also under investigation, with a delisting threat from Nasdaq if it fails to provide an audited compliance plan by Nov. 16. For Nvidia, it could be a serious domino effect, especially when we consider that SMCI ranks as their third-largest buyer of GPUs. If SMCI is forced to clean up or, worse, delist, the ripple effects could hit Nvidia’s lending program and potentially tighten its cash flow. Citadel CEO Ken Griffin saw the writing on the wall and sold nearly $1 billion in Nvidia stock — an eye-popping move that raises serious questions. What does he know that we don’t? Nvidia’s stock hasn’t shown any response to these headwinds, and given the past pullbacks in the semiconductor sector, we could see some troubling parallels. Even without insider info, traders need to read between the lines. Nvidia’s recent petition to the Supreme Court is a massive red flag. For Nvidia to preemptively ask for immunity signals that it may anticipate serious financial fallout. We’ve seen Nvidia’s chart show bullishness, but this level of scrutiny — coupled with Griffin’s massive exit — suggests that there could be more downside risk ahead for semiconductor ETFs and leveraged plays. If Nvidia doesn’t get the immunity it’s seeking, the company could be heading for a steep correction. And with all this mounting uncertainty, even those heavily bullish on semiconductors might want to start considering some protective strategies. For those holding Nvidia or any associated ETFs, it’s a good idea to keep an eye on the Nov. 16 deadline and prepare for possible turbulence. The takeaway here is simple: Don’t ignore the signs. Nvidia has managed to bounce back from scandal before, but this time, it may not have the same safety net. Traders need to keep a close watch and, if they’re overexposed, think about scaling back until the dust settles. Today’s Daily Chart Setup: Oceaneering International (OII) [] This idea came directly from my Daily Chart Setup that automatically signals potential plays. - OII is a new potential entry. Target: 27.63 Stop below: 21.98 - OII has a historical win rate of 87.1% - OII has a profit factor of 3.504 - OII trades last 50 trading days on average over 31 trades since 1975. This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. Always remember that past performance is not indicative of future results. You can find full details on exactly how this works by scrolling down further in this newsletter. Now be sure to join me live at 9:15 a.m. ET for “Morning Monster,” my market-open livestream on YouTube! [‘Morning Monster’ Is Starting NOW!]( [] I’m also live at 5 p.m. ET on Tuesdays for “30 Minutes of Awesome” — bring your ticker and I’ll analyze it in real time! And be sure to hit that Subscribe button on my YouTube page! [] _____________________________________________________ [] [Starting Soon] The Biggest Gold Opportunity for 2025! I’m about to go live at 11:15 a.m. ET today, Nov. 6! So while everyone's focused on Trump's presidency, Graham and I are sharing something that could [transform how you trade gold.]( Right now, we're revealing why we STILL believe gold is one of the best assets to invest in — but not for the reasons you might think. We'll show everyone a completely new way to target double- and triple-digit gains in just days… And our top gold stocks for 2025 —completely free! [Join Us Here at 11:15 a.m. ET!]( [] _____________________________________________________ [] How the Daily Chart Setup Works Here’s a more detailed description of how the pattern triggers: 1. The price breaks upward through the orange Market Roadmap Line. 2. Then the price goes up and down while staying above the line. Eventually, it comes down to touch the line again — this could take days, weeks or even months. 3. Once it touches the line and starts moving back up, that signals an entry. I use Fibonacci levels for for profit targets and stop losses, and these two tools combined have helped me achieve a 77% win rate over the past six-plus years! [You can grab my Market Roadmap Indicator here for just $5]( — less than a cup of coffee at most places! [] Jeffry Turnmire Jeffry Turnmire Trading I host my “Morning Monster” livestream at 9:15 a.m. ET each weekday on YouTube, and then “30 Minutes of Awesome” at 5 p.m. ET each Tuesday! [Please check out my channel and hit that Subscribe button!]( I’m just a regular dude in Knoxville, Tennessee: a husband, father, civil engineer, urban farmer, maker and trader. I've been at this trading thing with real money for 20-plus years, and started paper trading over 35 years ago. I have a knack for making some epic predictions that just may very well come true. Why share them? Because I like helping other people — it's the Eagle Scout in me. *This is for informational and educational purposes only. There is inherent risk in trading, so trade at your own risk. [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub]( [] ABOUT US: We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Jeffry Turnmire Trading provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Jeffry Turnmire Trading are for your informational purposes only. Neither Jeffry Turnmire Trading nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Jeffry Turnmire Trading is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions. Please visit [( for our full Terms and Conditions. [Unsubscribe]( This email was sent to {EMAIL} by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States [Prosperity Pub](