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.
