It’s evident NVDA didn’t mean dick. If the stock had vaulted higher yesterday, we’d be at lifetime highs. Since the stock plunged yesterday………..we’re at lifetime highs. The /NQ was almost completed unfazed.
What continues to save my bacon is my long positions, particularly in precious metals. Gold continues to stomp higher.
The longer-term view plainly shows the beautiful symmetric triangle. We are getting tantalizingly close to a bullish breakout.
The daily chart for the /GC futures shows this even more vividly.
On the whole, I’m down a little bit on the day: short positions (top two lists) are a mixed bag, whereas long positions (bottom list) are solid green.
