The V-Bottom is back! (At least as of the time of this writing). What a bounce stocks have seen off Monday’s nadir.
Have we stuck the landing and its back to new all-time highs for the broader indexes soon?
Time will tell. But the short term bet we’re making today is that Monday’s low will hold at least for a couple weeks. And today’s trade in a leading stock in a leading sector reflects this stance. When in doubt, stick with the strongest names in the strongest sectors, right?
So that’s brings us to Nvidia $NVDA.