🗓️ March 11 – US Pre-Market | Trader’s Insights
Bitget2026/03/11 09:33Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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Main Market Theme Today:
CPI to Dictate Tech Stocks’ Direction
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The US February CPI will be released tonight at 8:30 am ET. The consensus expects a 2.9% YoY increase.
– If CPI comes in higher than expected: rate cuts may be delayed → pressure on tech stocks.
– If CPI comes in lower than expected: QQQ/NVDA could rally.
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ORCL crushed earnings last night, with shares surging 9% . Cloud revenues were up 44% YoY, further confirming solid demand for AI infrastructure.
Trading Opportunities:
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NVDA: AI narrative is back in focus. If CPI is below expectations, watch for a potential breakout above $185 resistance.
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ORCL: Post-earnings momentum window. If the stock opens strong, watch for support around the gap/previous highs after any pullback. If it opens weak, avoid chasing.
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FUTU: Earnings coming pre-market today. For a positive surprise, consider a light pre-market position.
Key Focus:
8:30 am ET US February CPI – the biggest market mover of the day
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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