The pervert did it again, caught with his underling at NVDA and now is set to be ousted as CEO of NVDA. This is having a downward effect on NVDA, down by 8%. Other semis like AVGO, AMD and AMZN, GOOGL are higher. Hard to say how much further downside for NVDA. One could argue...Read More

Big day for the AI trade, naturally at a point when just about everyone gave up on it. Is it a dead cat bounce or resumption of the good times remains to be seen. We gained 70bps, still in largely a defensive posture. We started SOXX at 1% and intend to bring it up to...Read More