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We all know the old saw, “Fool me once, shame on you; fool me twice, shame on me.” I’m not so sure it applies anymore.
The market has been fooled at least a hundred times so far regarding this war and its deal-almost-done-just-wait-a-bit nonsense. It’s no surprise they keep trotting out the same tired old delays, because they work every single Taco Tuesday. This morning, a little reality is creeping in once more.
With a baseball bat, evidently……….
Four times a year, we all gather around our screens and await the deployment of the latest Nvidia quarterly report. Today was no exception, and although the immediate reaction to the earnings was extremely blase, as the evening wore on the stock took on a small loss.
Well, the conference call might move things, but as of now, the net change is about as dynamic as you’d find on any Saturday. The losers? Options buyers. The winners? Those that sold ’em puts and calls!
