Rate Of Return
Likes ReceivedThe founding father Livermore once said that the market always moves in the easiest direction. When it takes massive funds to push up, the downward trend is the path of least resistance.
$NVIDIA(NVDA.US) The reason for the decline is actually very simple—it's just too hard to rise further. A market cap of $4.4 trillion has already surpassed Japan's annual GDP. Before the Fed's nuclear-powered money printer kicks in, there isn't enough money in the market to push it higher. However, those who shorted via puts shouldn't celebrate too soon. With such a small drop, a pre-market rally + post-earnings implied volatility contraction could easily trap the bears. 🤣🤣
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