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This was one of those delightful and extremely rare days when I should have done terribly but, instead, every single position went my way in spite of the market (/ES and /NQ) being quite strong. Huzzah! What a countertrend I am!
So, yeah, I stopped fighting semis last week. Jensen Huang and his co-conspirator Sam Altman have completely conned people into thinking AI is going to be the be-all and end-all, so the market is NEVER going to let NVDA fall (until it gets destroyed in a multi-trillion dollar wipeout………….but not yet).
Here are some INCREDIBLY successful stocks which are INCREDIBLY expensive right now which you might want to consider going bearish against: Costco and Casey’s:
