$NVIDIA (NVDA.US)$ hello why is it tanking now?
hello why is it tanking now?
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Day Trader who focus on technical analysis. Psychology is key.
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01460702 : Realising profits, this ER could be the peak
razo2 : when calls pile in MM will sell is just plain simple. book gains and walk
Thomas oh : Jobless claim but shd be b up soon
TinkerB3ll razo2 : What your thoughts? Shoot up at open?
SpyderCall razo2 : If the market makers can't subdue the upward momentum, then they will hedge their exposure with long positions, which could perpetuate the upward momentum.
I think this is the main reason for the massive rally in most of the semiconductor companies.
razo2 SpyderCall : yes. but we just had a spike in the bond yields. no one cares about the bond market until the algo is triggered.
the 20y yield had a very ugly bidding.
SpyderCall razo2 : I saw that. It did indeed look really ugly. I thought it was a mistake when I first looked it up. Resurging inflation fears coupled with the increased issuance size caused an ugly auction.
SpyderCall razo2 : but I still don't think there will be any major changes in the overall market trends just yet
razo2 SpyderCall : yeah this I do agree
SpyderCall razo2 : Maybe we will see something break soon. But so far things are just chugging along like there is no problem.
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