Here are two trades to make ahead of a critical week for markets as Nvidia results and Jackson Hole loom

The upcoming week places two major market catalysts on the calendar: Nvidia’s earnings report and the Federal Reserve’s Jackson Hole symposium. Together, they sharpen the tension between two competing forces—persistent interest rate anxiety and the momentum behind the AI-driven tech sector. Investors are watching closely because these events could help clarify both the near-term path for policy and the durability of the recent equity rally.

According to strategists at Evercore ISI, there are distinct ways to position for either outcome. A trade can be structured to benefit from further rate-driven stress, or alternatively, to capture a tech rebound inspired by a strong Nvidia report. The firm’s point underscores that the market is currently pulled between macro policy worries and micro earnings catalysts, and that different scenarios may require different approaches.

For investors, the takeaway is about understanding how these events interact. Nvidia’s results are widely seen as a bellwether for AI demand, while Jackson Hole offers clues on whether the Fed will hold rates higher for longer. With both due within days, market volatility could stay elevated. Rather than guessing, the prudent move is to review portfolios for balance and ensure alignment with one’s own risk tolerance—no matter which scenario plays out.