Dear Trading Diary: I know I have said it before – but what a week! A violent slump in Tesla (taking me out of my long position on my trailing stop for a huge win). At the same time, a surge in the Russell 2000
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Please don’t say I didn’t warn you! The dominos are starting to fall with Nvidia – the AI darling du jour – down 20% off its August ATH already. And because bullish sentiment remains at a very high level, the declines are starting to enlarge.
I confess I am stunned. And I am sure I am not alone. The AI mania I call the Nvidia Effect is in full swing and has done most of the recent lifting of the rocketing Nasdaq. And yesterday, not to be left out, the
Sometimes, making trading profits is a breeze when forecasts are panning out and good trends established and targets met. You tend to feel you are a genius! And there are other times when promising trends are suddenly reversed and your best-laid plans go phut! In
