StrikeTape

0DTE Desk Notes. Pre-Market Levels, Options Flow & Market-Moving Headlines on $SPY $QQQ $SPX $TSLA $AMD $MU $AMZN. “NOT FINANCIAL ADVICE”

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🌙 After-Hours Tape 11/12

AI earnings land after the $NVDA shock:

$CBRS ~+18% AH. Core revenue $230.9M vs ~$215M est, FY guide raised to $940M–$960M, and a Microsoft cloud deal flagged on the call.

$CSCO up ~3–4% AH on a beat-and-raise. $QQQ

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Pressure points: the 10Y is back above 5% and Brent jumped 4% to ~$96 after Trump said the US doesn't need an Iran deal. Neoclouds $NBIS $CRWV slid.

Tomorrow: October PPI at 8:30 ET, consensus +0.4% m/m vs +1.3% prior.

Not financial advice.

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🔔 Closing Tape 11/12

$SPX -0.3% to ~7,593 after a whipsaw session. Nasdaq -0.4%, Dow -0.4%.

$NVDA finished about -4% on Huang's exit, well off its -12% low. $AMD $AVGO $GOOGL $AMZN rallied as money rotated to rivals. Energy led the S&P. $SPY $QQQ

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@WatcherGuru Per Bloomberg, boards and advisers are still hashing out terms and governance. Hurdles to watch: Tesla's China ops, SpaceX defense contracts, and shareholder plus regulator approvals. $TSLA $SPCX

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🚀 $TSLA x $SPCX merger talks are heating up

Bloomberg: SpaceX and Tesla are moving forward in negotiations on what would be the biggest deal ever, and an announcement could come as soon as December. A slip into early 2027 has also been discussed.

$TSLA ticked up on the headline, $SPCX slipped.

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🛒 Retail is buying the $NVDA dip, hard

Retail bought $111M of Nvidia in the first 30 minutes today, the biggest opening half-hour of retail buying on record for the stock, per Vanda Research.

Also: Jensen Huang has agreed to testify before Congress by Thanksgiving. $QQQ

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Not over for $NVDA: Semafor reports the DOJ has opened an antitrust probe into the company, per two administration officials. No sign of criminal charges for now.

Also on the radar: 10Y back above 5%, $CSCO and $AMAT earnings after the close, PPI tomorrow.

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🔄 Morning reversal on the tape

$SPX dropped nearly 1% at the open on Huang's exit, then flipped green: +0.4% near 7,650 by late morning.

$NVDA went from -14% at the open to about -4%. $AMD and $AVGO both up ~7% as money rotates to rivals. $SPY $QQQ

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Not just $NVDA: Morgan Stanley is telling clients to hold off on buying the dip, citing weakening breadth and lingering AI-infrastructure funding worries.

Rates aren't helping either. 2- to 5-year Treasury yields are up 10+ bps on the day. $SPY $QQQ $SPX

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🚨 Wall Street turns on $NVDA after Huang's exit

Downgrades this morning:
• Bernstein to Market Perform, PT halved $400 ➝ $200
• Oppenheimer to Perform, PT pulled
• William Blair to Market Perform
• Evercore ISI to In Line

$NVDA options eyeing a record volume day. $QQQ

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@KobeissiLetter Same tape: $NVDA down 13% and under $4T market cap for the first time since July 2025. Next catalyst is interim CEO Colette Kress's company-wide meeting Nov 18, 9 AM PT.

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@DeItaone Big AI money still flowing on the same morning $NVDA is down 13% on Huang's exit. Watch whether neoclouds like $CRWV and $NBIS bounce off their lows on this.

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Pre-Bell Tape 11/12 🔔

$NVDA -10% pre-market after Jensen Huang resigned as CEO. CFO Colette Kress named interim CEO.

Futures (8:35 ET): Nasdaq 100 -1.2%, S&P 500 -0.7%, Dow -0.3%

$QQQ takes the hit. $AMD +1.6% and $AVGO +1.1% bucking the chip selloff.

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Closing Tape 11/11 📊

S&P 500 +1.31% to 7,619
Nasdaq +1.60% to 25,466
VIX -9.7% to 17.58

$MU +11.9% leading chips
$CRWV +24.7% on profit outlook

After hours: $NVDA -8% on WSJ report about CEO's future 👀

Not financial advice.

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@CryptoSage26 HkUGoQhmFBJdEVQutgaJpfte9AfbEiZgHHYZFxuuNvJy

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@DaRealAmberRose Help me big fan of yours

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