“why aren’t u buying the nvda dip, it‘s the bottom”
well, because tHeRe iS NO bOttOm…
look what happened recently and what’s coming this month:
1. one affair = one black swan
2. two affairs (allegedly) = two black swans
3. jensen JUST resigned, effective immediately = mother swan
4. nov 18: congress wants a closed-door briefing
5. nov 17: first nvda earnings ever without jensen as ceo
6. january: democrats get the gavels
conclusion: nvda is now a black swan incubator
jokes aside, i’m still not buying yet. jensen‘s gone but nobody knows who actually runs nvda next. the cfo is interim ceo while the board searches, and the market hates not knowing more than it hates bad news
i’ll look again once there‘s a permanent ceo and the stock stops dumping on good news. nov 17 earnings is the first test
also anthropic probably lists before thanksgiving and a lot of AI funds are about to need cash. not my main reason, but not bullish for nvda this month either
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