The Big Short 2.0: Nvidia ($NVDA) pullback rocks the market. Is it time to buy the dip?
Hello again traders. The Big Short 2.0 we called for months continues to play out and wash out the bulls in the market. Unsuprisingly, the biggest capitulations have happened in the very same stocks that have seen the biggest pumps in irrational exhuberance.
Our previous video featured SMCI which took investors on a wild run driven by the AI/Semiconductor craze. Nvidia’s situation is more grounded. The company is as great as we all think it is, but this pullback is based on something bigger than company preformance.
As we look upon NVDA earnings on the horizon it begs the question of when should longs think about coming back into one of the most in demand stocks of the past 5 years. Join us as we break down NVDA in these trying times.
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