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We hope you’re having a great week.

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Read on for this week’s breakdown of the markets!

A quick breakdown — in case you don’t have the time.

Nvidia just delivered the earnings beat the entire market was praying for.

Nvidia reminded everyone why it sits at the center of the AI universe — posting blockbuster Q3 results that blew past Wall Street’s expectations. Revenue climbed+62% year over year, snapping a six-quarter slowdown and proving demand for AI infrastructure is nowhere near cooling.

Data center revenue — the heart of the AI boom — smashed estimates, and management guided for another $8 billion jump in sales next quarter. As Jensen Huang put it, “Blackwell sales are off the charts, and cloud GPUs are sold out.”

After a shaky few weeks for megacap tech and rising fear that AI demand was “slowing,” Nvidia’s beat hopes to be a market stabilizer. It confirmed that the AI build-out is still in full force, demand is still exponential, and the biggest secular trend in markets hasn’t skipped a beat.

The show goes on.

Today’s Rich Habits Newsletter is brought to you by Public, the investing platform that combines a broad range of asset classes with the tools you need to build and manage your wealth. 

From stocks to bonds, options, crypto, and more—it’s all here. You can even generate fixed income with a suite of yield accounts. If you’re looking for more than just a place to trade, discover the investing platform that’s as serious about your money as you are. 

👉 Episode 144: How to Profit From Market Uncertainty

In this week’s Monday-morning episode of the Rich Habits Podcast (linked here) — Austin and Robert broke down how to profit during times of volatility and uncertainty.

To help make sense of it all, they welcomed back Garrett Paolella and Troy Cates of NEOS Investments, fresh off major industry wins — including Best Options Strategies ETF Issuer, a 5-Star Morningstar rating for SPYI, and Best New Active ETF for QQQI.

Markets are sitting near all-time highs, yet consumer confidence is at record lows. With shifting rate expectations, an AI trade under scrutiny, and the longest government shutdown finally coming to a close — investors are struggling to know what to do next.

Here’s what they covered…

In an environment full of uncertainty, investors don’t need to choose between staying invested and aiming to generate income — NEOS lets you do both.

👉 When To Rebalance A Portfolio, Robert’s Altcoins, & Weekly Dividends

Here’s a link to the Q&A episode that was posted this morning.

You can submit questions for these episodes by asking them inside of the Rich Habits Network, replying to this email, or sending us a DM on Instagram.

The Rich Habits Podcast is available on Spotify, Apple, iHeart, YouTube, and wherever else you get your content!

Bitcoin is having its worst month since 2022 — and the sell-off just broke a major level.

Bitcoin slipped below $90,000 on Monday night for the first time since April, briefly touching $89,350 before stabilizing near $91K. That puts BTC down sharply on the month and wipes out all of its 2025 gains — a stunning reversal from the record $126,250 it hit just six weeks ago.

Risk appetite has evaporated across markets. Speculative tech is getting hit, hedge funds are de-risking, and some traders are taking advantage of BTC’s drop for year-end tax loss harvesting. Layer that on top of extreme sentiment readings and we’re now looking at Bitcoin’s worst one-month stretch since the 2022 washout and its worst Q4 since 2018 — historically one of BTC’s strongest periods.

With fear gauges flashing red, some traders are watching the $86K–$88K zone as the next area of support. But cycles like this aren’t new — crypto drawdowns are violent on the way down and disproportionately rewarding on the way back up.

December rate-cut odds flipped to “No Change.

According to Polymarket, the odds for the Federal Reserve to cut interest rates by 25 basis points in December peaked at 90%. Today, those same odds sit at only 38% after the BLS cancelled the October jobs reports (which doesn’t sound bullish at all). The next employment release won’t come until December 16 — after the Fed meeting.

With the September JOLTS report also cancelled, the Fed is flying with far less visibility into the labor market than usual. And when policymakers lack fresh data, they lean conservative. Now don’t let this spook you — the path to lower rates hasn’t changed. We are very much in a rate cutting cycle, Jerome Powell is out of there in a few months, inflation is cooling, hiring is slowing, and despite the stock market sitting at / near record highs consumer sentiment is low.

The missing data doesn’t derail the easing cycle we’re very much in. You need to be on the right side of this easing cycle. Stay invested.

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Disclaimer: This is not financial advice or a recommendation for any investment. The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Public Disclosures: All investing involves the risk of loss, including loss of principal. Brokerage services for US-listed, registered securities, options and bonds in a self-directed account are offered by Public Investing, Inc., member FINRA & SIPC. Cryptocurrency trading services are offered by Bakkt Crypto Solutions (NMLS ID 1890144), which is licensed to engage in virtual currency business activity by the NYSDFS. Cryptocurrency is highly speculative and involves a high degree of risk. Cryptocurrency holdings are not protected by the FDIC or SIPC.
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Disclosure: The author of this post has an existing business relationship with NEOS Investment Management, LLC, and is also a holder of numerous NEOS ETFs. The thoughts and opinions in this written piece are solely those of the author.