Welcome to Seeking Alpha's Wall Street brunch, our Sunday look ahead to this week's

market-moving events, along with the weekend's top news and analysis.

Hello, today is Sunday November 17th, and I'm your host Kim Conn. Welcome to Invidio Week.

After the bell on Wednesday, Wall Street will forget sentiment, forget politics, even forget the Fed,

as the company with the world's most influential stock releases earnings.

Nvidia could make or break the momentum trade for the rest of 2024, given its impact on not just chip stocks, but AI plays.

Wall Street expects EPS of 74 cents on revenue of $32.97 billion.

But guidance will be more important, especially as 2025 earnings growth expectations

for the Magnificent Seven as a group have lost nearly all their premium,

dropping close to the 14% expected for the S&P 500 as a whole.

Right now, the forecast for fiscal Q4 ending January is for EPS of 82 cents on revenue of 37.02 billion.

That's the quarter when the new Blackwell GPU ramp starts.

Wall Street analysts have been bullish heading into the numbers.

Check out these price-target hikes in the last week.

HSBC to a street high of 200 from 145, Jeffries to 185, Oppenheimer to 175, Susquehanna to 180,

Wedbush to 160, Raymond James to 170, Missouho to 165, initiated at Redburn at 178,

and 175 at Piper Sandler with the designation of top

large-cap pick.

A lot of confidence there, but a lot that can go wrong if guidance looks shaky.

Seeking Alpha analysts Mott Capital notes that option positioning suggests that the stock may have a difficult time breaking above the 145 to 150 range.

In typical fashion, option activity is bullish on the stock following results

and sees the stock's price rising or falling by 8%,

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