Dot-Com Déjà Vu? Nvidia's Selloff Has Bears Smelling Blood
Nvidia Corp. (NASDAQ:NVDA) shares tumbled after what analysts called a blowout fourth quarter, but for Lawrence McDonald, the headline wasn’t the story — the market’s reaction was.McDonald Invokes the Dot-Com PlaybookWriting on X on Thursday, McDonald founder of The Bear Traps Report flagged an uncomfortable pattern. “Off 5% on the ‘blowout quarter’ — anyone that lived through the dotcom bust will tell you, the Nasdaq puked lower in March 2000 on great news. It’s NOT the headline, it’s the market’s response ...