Dear Trading Diary: Nvidia results on Wednesday came and went off just like the damp squib I had suggested. That must have been a surprise to most as so much anticipation had been built in. It did though break the mould of all previous quarterly
Tag: King Coal
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.
Bullish mania is running rampant in Pundit-land – at least it was until last week. Human nature, being unfixed probably in millennia, compels most to find easy-to-digest rationalisations for what has just happened. And since June, what happened was the strong share rally off the