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Market is characterized by momentum and FOMO, says Interactive Brokers' Sosnick
NvidiaNvidia(US:NVDA) CNBC Televisionยท2025-07-09 14:39

With the NASDAQ hitting a record high in Nvidia at $4 trillion, let's bring in Steve Sausnik, Interactive Brokers Chief Strategist. Uh Steve, what do you make of this. Especially against the backdrop of some of the uh the recent moves and momentum that we've seen.Well, Leslie, it's to me I could characterize this market as a combination of FOMO and FOMO. It's it's momentum. There's also a fear of missing out.I you know, I think the Nvidia number is a nice milestone. You know, once it gets sort of in the pub ...