I don't think $NVIDIA Corp(NVDA)$ market cap will surpass $Apple(AAPL)$ in the short term, on the contrary, the gap will become wider and wider.

I have a feeling that tomorrow will be the start of a major correction. The stock went up almost 7% percent. It is options expiration Friday and the market makers want to clean house on those options. The bought cheap puts and sold in the money calls.

If the stock drops, those put increase in value and those call expire worthless. Again it's just a theory. However, NVDA is becoming a major bubble including most AI stocks like the tech bubble in 2000. Back then companies placed .com after a companies name and the stock took off. But eventually reality kicked in and most .com companies went bankrupt.

I am not saying NVDA is going bankrupt but it will correct. When a stock takes off like NVDA that is not healthy.

# NVDA Will Surpass 🍎's Market Cap in Just __ Days?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment1

  • Top
  • Latest