Nvidia

  • 18 Jun
    Sunday Edition: Dark Skies Ahead? This Bearish Signal Spells Trouble For One Tech Stock

    Sunday Edition: Dark Skies Ahead? This Bearish Signal Spells Trouble For One Tech Stock

    Last week I wrote about a bearish pattern on China’s Google, Baidu (NASDAQ: BIDU). At the end of that article, I made mention that when one market leader starts to turn bearish, others may soon follow.

    Sure enough, last Friday, the technology sector experienced a sell-off that extended its losses on Monday and sent some big names—Netflix to name one—into near-correction territory.

    It’s not clear what started the sell-off, and it remains to be seen if it was all just a short-term correction or a sign of something more ominous from the group of stocks that has been at the heart of Wall Street’s bull run in equities in the last several months.

    One stock in particular that I want to discuss today is Nvidia (NASDAQ: NVDA). More →