Dear Trading Diary: It has been a few weeks since the Great Chinese Rocket got off the launchpad with the infamous 40% one-week surge to the precise Fib 50% retrace of the major decline off the January 2021 ATH. That destroyed many hedge fund short
Tag: Yellow cake
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.
