Highlights
- With all eyes on the NVDA pocket watch, hypnotizing investors into a state of "risk acceptance", the rest of the market is saying something quite different tactically.
- In early trade, the excitement was centered on NVDA while the rest of the market, including the rest of the MAG-7, took on water.
- This is a classic sign of near-term exhaustion. Not longer-term bearish, just more evidence that the tactical condition is just not "ready for prime time" trending.
- This leaves us. . .
