NVDA daily
The biggest company in the world (or at least it was on Friday) is bouncing around like a small-cap stock. It rebounded huge yesterday but is under pressure again today. Perhaps the tell yesterday was that it rallied far more than other beaten-up semiconductor stocks.
Also weighing on Tesla is a report that the Trump admin is considering further tightening US export restrictions on Nvidia chips.
The Nasdaq is down 1.2% but chart is looking better. There big risks later today with earnings from Microsoft, Meta and Tesla. The trio are all lower today led by a 3% decline in TSLA.
Nasdaq comp daily
