I knew this would happen. Knew it, knew it, knew it. Even last night, I told myself that now that this idiotic NVDA orgasm was just about over, I could start slashing some throats again. Even though NVDA is still sporting a massive boner, the /ES cut through its Fib as swiftly as it busted it yesterday evening.
Interestingly, even stocks that you’d think would be sky-high with NVDA, such as AMD (below) are having their asses whipped.
My eight short positions are, on the whole, behaving like champs.
Let me put it another way: there’s only ONE NVDA earnings announcement to fluff the bulls. It’s OVER.
