NVDA Final Thoughts

The Incremental Buyer

The concept of “who is the incremental buyer” used to carry much more weight in the past than it does now. It has been replaced with the Fear of Missing Out (FOMO) and the Fear of Losing Money (FOLM). Plus, you have single stock 2x ETFs such as NVDL which adds an additional layer of buying and selling pressure. Having said that, we think it is import…