Don’t Be Fooled by NVDA Earnings: Why It’s Still a 'Sell'
Nvidia’s blowout earnings haven’t stopped top investors from exiting. With shrinking margins, rising costs, and growing chip competition, the AI king's momentum may be running out. Is this the peak for NVDA stock?
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Being Exponential with Luke Lango
24.7K subscribers
$SPX technical check.
~5% drawdown / down to 100-day / RSI ~36 / Negative MACD
Very similar to January 2025 / September 2024 / April 2024 bottoms.
If ...
Watch the $VIX for a sign of a bottom. VIX spikes >25 have marked every major $SPX market bottom in this AI Bull Market since the launch of ChatGPT...
AI stocks $AIQ peaked on October 29 - right before the odds of a December rate cut crashed from ~95% to ~60%. Since, December rate cut odds have falle...
