Trader J's Inner Circle Message Board

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Strategies & Market Trends : Trader J's Inner Circle

NVDA 185.08

-1.6%

2:09 PM EST

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From: Trader J	8/4/2024 8:59:35 AM
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NVDA: Here's the link for the story on the potential delay of Blackwell, which certainly would seem to be a significant near-term downside catalyst. On the whole, it's likely to be that one event which is perfect for those looking for an entry as long time upside and narrative remains in place, though it could usher in pain across the sector, and beyond, to the entire complex and market. Will be interesting to see what it does to NVDA's chief rivals in the space like AMD, AVGO, etc. Does it put wind in their sails for a higher move? Or is in NVDA such the poster child, it takes down the entire market in a continuation of last week's selloff. I would think it might be the latter.

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