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Michiel1989
Mar 8, 2024 3:36 PM

NVDA going to reset and drag Nasdaq along with it.. Short

NVIDIA CorporationNASDAQ

Description

just as NVDA been pulling the markets up NVDA going to tank markets...
Put options have been climbing in value for 2 days consecutive while NVDA's stock has been on a 7% increasing streak!

That's one of the most bearish takes I've seen in a while... brace for impact!
Comments
lifeat130bpm
Nvda or the market will crash this year. Well have a mega bullmarket we’ll likely see a 600 spy in the fall. After the elections afew months after the fed cuts… we’ll see great depression 2.0. You have to start scaling out when you see the treasury uninverts. Till then be greedy as hell.
Slickz94
@lifeat130bpm, Great depression 2.0... wtf are you smoking??
lifeat130bpm
@Slickz94 Solvency crisis. Student loans, corporate real estate, home, auto and credit card defaults. People are barely getting by ringing up CC... personal debt is at record bighs. Time is funny. Shit repeats like a pattern just like a Fibonacci sequence. Covid was this years spanish flu, just about 100 years. Great depression is about the same. look around, wealth gap hasn't been this big since the roaring 20s. Rich will stay rich just like back then.
Rdaca24
benzapp
Hedge your positions, but it’s crazy to call a bear market. Bond yields have only just started pumping into the market. This will be a historic bull market.
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