$NVIDIA Corp(NVDA)$ Time for NVDA to retrace downwards as with the other magnificient 7 stocks of which NVDA is the leader of the pack. Too high, too fast indeed. The AI revolution has mad NVDA a darling among investors ttading in AI stocks. However, things must come to a stop someday and that day is near, I feel. The chip stocks have had a tremendous run since early December 2023 and sustainabilty is now called to question. Pull backs for stocks like NVDA would be healthy for the stock market which has made new highs since start of the new year. Henve, I will stay away from these super seven stocks for my long term account - NVDA, MSFT, META, GOOGL,AAPL, AMD, AMZN. Having said that, I will still do scalp trades for TSLA which has huge momentum.
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