Nvidia

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Well, with the earnings season sputtering to a halt, just about the only cool company reporting after the close is Nvidia, whose P/E is only about 100, making it an insane value in this market. Recently, its reaction after earnings has been a little on the negative side:

This stock has been one of the superstars of the semi sector.

My view is that the bullish breakout has failed.

So, just for the hell of it, I bought some puts in my virtual account.