The Nasdaq-100 has climbed back above its 10-day moving average, with NVIDIA (NVDA) testing resistance at previous highs.

NVIDIA's strong earnings have eased market concerns over AI valuations, lifting US stocks across the board overnight. The Dow Jones Industrial Average ( $Dow Jones Industrial Average (.DJI.US)$ ) held steady along its 20-day moving average, closing at 53,569 points; the Nasdaq-100 ( $NASDAQ 100 Index (.NDX.US)$ ) opened higher and fluctuated upward, closing with a gain of over 400 points. Watch to see if it can hold support near the 10-day moving average at around 29,500 points going forward. If bullish on the Dow, consider bull contracts ( $SG#DJIA RC2612F.C (49653.HK)$ , with a call price of 49,000 points. Conversely, for those bearish, consider bear certificates $SG#DJIA RP28123.P (49683.HK)$ . For bullish views on the Nasdaq, consider bull certificates $SG#NQ100RC2612K.C (49611.HK)$ , with a call price at 27,000. Conversely, for bearish views, consider bear warrants $SG#NQ100RP2812E.P (49610.HK)$ , with a call price of 32,000.

NVIDIA ( $NVIDIA (NVDA.US)$ ) saw strong capital inflows following its earnings report, with the stock surging over 8% overnight to near $228, briefly approaching resistance at previous highs. However, gains narrowed slightly during after-hours trading; watch for selling pressure at high levels in the short term. If bullish on NVIDIA, consider call warrants. $SG-NVDA@RC2612A.C (11185.HK)$ , with a strike price of $275. Conversely, for those bearish, consider put warrants $SG-NVDA@RP2612A.P (11090.HK)$ , with a strike price of 168.

Broadcom ( $Broadcom (AVGO.US)$ The stock recently stabilized near the low of $355, rebounding nearly 5% overnight to return to the vicinity of its 10-day moving average, indicating an improvement in short-term momentum. If the upward trend continues, watch for resistance near the 50-day moving average at approximately $385. Those bullish on Broadcom may consider call warrants. $SG-BDCM@RC2612A.C (11128.HK)$ , with a strike price of 380.

Societe Generale Securities Listed Products Sales Department

This content is provided by Societe Generale Securities (Hong Kong) Limited ('SG'). Structured products are unsecured. If the issuer or guarantor becomes insolvent or defaults, investors may not recover part or all of their receivables. The above information is for reference only, intended solely for Hong Kong residents, and does not constitute advice or recommendation. Structured products involve risks; their prices may rise or fall, and investors may lose their entire investment. Past performance is not indicative of future results. SG acts as the liquidity provider for the structured products mentioned herein. In certain circumstances, SG may be the sole party providing bid and ask quotes for these structured products on the exchange. Please fully understand the product risks, consult a professional advisor, and carefully read the listing documents for complete details on the structured products before investing. Please refer to the listing documents on SG’s website at hk.warrants.com.

83K Views