Key insights
- The author expresses surprise at Nvidia's continued upward momentum, noting a 2%+ gain and high trading volume. They are torn between taking profits and holding, highlighting the uncertainty surrounding the AI-driven rally. This reflects strong retail investor sentiment and momentum in the AI sector, potentially driving short-term gains in NVDA and related stocks, but also raising concerns about a potential correction.
For context, i just pulled up my portfolio on Blossom and saw NDVA chart hitting $183.70 this morning. We’re up another 2%+. I feel like every time i convince myself we’ve hit the peak of this AI cycle, the markets just laughs lol. Volume is already pushing 147M+ today. It’s either the most obvious sell the news trap before we hear more from the Fed, or we’re genuinely on a fast track to $200. I’m seriously torn between locking in some gains or just staying in for the ride.
What are you guys doing today? Taking profit? Holding or buying more? Curious to hear