I had written here previously that Nvidia
could ultimately bring down the US stock market.
If you were watching Sunday evening football last night,
you were potentially shocked when the US stock market opened this morning.
News this weekend that Chinese start up Deep Seek
has developed and produced A-I discounted chips, to glowing tech reviews this weekend
sent NVDA down in a crash mode on Monday down 17 % and dropping
losing billions of dollar valuation in a single trading day.
What large institutional venture start up would now wish
to pour billions of dollars into Nvidea's A-1 chips,
when the same task result can be achieved at a fraction of the cost.
The technical chart of Nvidia breakaway gap down today says it all.
It is "thin air" down to 100....
" Seriously Poof"
THE_ UNWIND
WOODS OF CONNECTICUT