Nvidia's Stock May Soon Take A Very Profound Turn For The Worse

Apr. 07, 2022 12:51 PM ETNVIDIA Corporation (NVDA)CSCO444 Comments

Summary

  • Nvidia's stock is mirroring the patterns last seen in Cisco at the beginning of the century.
  • The exercise tells us this isn't about a business and its fundamentals, but human psychology.
  • Where Nvidia goes from here may already be pre-determined.
  • Looking for a helping hand in the market? Members of Reading The Markets get exclusive ideas and guidance to navigate any climate. Learn More »

NVIDIA Headquarters

serg3d/iStock Editorial via Getty Images

Patterns appear all over the marketplace, and while they don't always play out exactly as expected, they can give clues as to what might happen next. They are worth considering and investigating with an open mind. For

NVDA chart

Refinitiv

NVDA chart

Bloomberg

NVDA/CSCO revenue

Bloomberg

NVDA/CSCO price to sales ratio

Bloomberg

Investing today is more complex than ever. With stocks rising and falling on very little news while doing the opposite of what seems logical. Reading the Markets helps readers cut through all the noise delivering stock ideas and market updates, looking for opportunities.

We use a repeated and detailed process of watching the fundamental trends, technical charts, and options trading data. The process helps isolate and determine where a stock, sector, or market may be heading over various time frames.

To Find Out More Visit Our Home Page





This article was written by

Mott Capital Management profile picture
32.14K Followers
Designed for investors looking for stock ideas and broader market trends.

I am Michael Kramer, the founder of Mott Capital Management and creator of Reading The Markets, an SA Marketplace service. I focus on long-only macro themes and trends, look for long-term thematic growth investments, and use options data to find unusual activity.

I use my over 25 years of experience as a buy-side trader, analyst, and portfolio manager, to explain the twists and turns of the stock market and where it may be heading next. Additionally, I use data from top vendors to formulate my analysis, including sell-side analyst estimates and research, newsfeeds, in-depth options data, and gamma levels. 

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: Mott Capital Management, LLC is a registered investment adviser in the State of New York. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Please remember that past performance may not be indicative of future results.

Charts used with the permission of Bloomberg Finance L.P.

Recommended For You

Comments (444)

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.