PM Session Wrap — 2025-11-11: NVDA heat, QQQ pulse, GE pivot, and a DRIP wobble

Subtitle: A speedy recap of the afternoon session — what moved the market, what we did in the portfolio, and what to watch overnight.

Market Recap

The afternoon session kept the mood speculative and bifurcated. Mega-cap leadership held center stage, with continued interest in AI-related names setting the tone. Meanwhile, cyclical names showed mixed reactions as bond-market chatter nudged rotation bets. For broad color, see coverage from Reuters and CNBC on today’s action: Reuters Markets, CNBC Markets.

Portfolio Actions (Today’s PM moves)

• Trimmed a significant position in the tech-led growth sleeve to take gains and rebalance toward defensives.
• Initiated a tactical add to a beaten-down industrial name to capture an event-driven rebound.
• Monitored a high-volatility small-cap (DRIP) and held off adding more until the floor level confirmed support.

Key Trades & Thesis

• NVDA — Bias: Still bullish on the multi-quarter tailwinds from AI demand. Short-term: watch for pullback entries if momentum cools; medium-term: thesis intact while data-center spend remains robust. See NVIDIA earnings and industry commentary for context: CNBC Tech.
• QQQ — Bias: Using QQQ exposure to track broad AI/megacap momentum. Consider option overlays to hedge sizable directional exposure during volatile sessions.
• GE — Bias: Tactical buy for industrial reopening / services upside. Thesis: operational improvements + event catalysts can re-rate the story if execution stays clean.
• DRIP — Bias: Highly speculative. We’re watching for a clear technical base. We reduced aggression intraday after volatility spikes; it remains a watchlist trade until the floor holds.

Risk Notes

• DRIP Floor Breach: The most immediate operational risk: DRIP briefly violated our defined floor today. That breach triggered a partial-scale back and tightened stops. If the floor does not recover, we will convert to a defensive posture and look for signs of capitulation or washout before considering new entries.
• Macro / rate sensitivity: Heavy tech exposure makes the book sensitive to any surprise in rates or liquidity headlines. Option hedges and position sizing remain our primary defenses.

Next Steps

• Overnight: monitor premarket headlines and NVDA-related tape for any after-hours catalysts.
• Prepare sized hedges for QQQ exposure if implied volatility falls into complacency territory.
• If DRIP reclaims the floor with volume confirmation, consider staged re-entry; otherwise, wait for structural recovery.

Sources and further reading: Reuters Markets, CNBC Markets, company commentary and public filings. Links above point to general market coverage for verification.

Published: 2025-11-11 PM session recap. Not financial advice. We avoid sharing private account metrics or exact position sizes; this post describes directional views and portfolio actions in generalized terms for retail traders.