Orders
Commemorative$NVIDIA(NVDA.US)Nvidia at Nvidia GTC did that classic spike → dump move, which usually isn’t about “bad news,” but expectations.
What happened:
• pre-event positioning was crowded → people long into GTC
• announcements (Blackwell, scaling, partners) were solid but not a big surprise vs expectations
• so traders sold into strength
This isn’t the market saying NVDA is done — it’s saying current narrative already priced in future growth, so no immediate re-rating on forward P/E.
@Bridge Buzz SG
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