Nvidia extends decline to 5%, Nasdaq follows it lower ...Middle East

Everything considered, the market is holding up better than I thought it would. Nvidia is now down 15% from its all time high of 140.76 as it falls 5.5% today to 119.66.That high was only two trading days ago on Thursday so it's been a sharp turnaround that started with a textbook bearish engulfing candle.Meanwhile, the Nasdaq is down just 2% from the all-time high hit on Thursday. Given the decline in NVDA and how much it's carried the market, I would have guessed something closer to 5%.The question is: Will that come? Bitcoin isn't painting a pretty picture today as it breaks below $60,000 and I don't think the Fed is coming to the rescue any time soon. As I said earlier this month: We may

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Nvidia extends decline to 5%, Nasdaq follows it lower ...Middle East

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