They start with a Fire Emblem: The Three Houses trailer with an official release date.
They take 3-5 minutes to talk about 3DS games coming in 2019. (Persona Q2, etc.)
They show off Yoshi's Crafted World with a March release date.
Daemon X Machina trailer with a Q3 release.
Various new 3rd party games that are both ports (GTA V) and new games (MK11)
More Wii U games being ported to Switch (Pikmin 3, Wonderful 101, TMS,)
Marvel Ultimate Alliance 3 new trailer with a Q2-Q3 release window.
New Mario spinoff title (a sports game of sorts)
New NES games coming to the Nintendo Switch Online service.
Indie game reel
Luigi's Mansion 3 trailer, with an official title and release date.
Piranha Plant released at the end of the Direct, followed by.
The official gameplay trailer for Joker in Smash Bros, a release date for the DLC and, with the official announcement of Persona 5 coming to Nintendo Switch. (This leans more on the hopeful than realistic side, but after the Game Awards and the recently filed trademarks from Atlus, all bets are off!)
We're not going to see anything about Animal Crossing, Metroid Prime 4, SMT V, Bayonetta 3, or Pokemon Gen 8 at this Direct.