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Nvidia denies receiving DOJ subpoena, Can Chip Stocks Stabilize?
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The last line of defense for the bull market

I think today's non-farm payroll data is not bad, but obviously, it has been interpreted as bearish news. I think it is to force Powell to cut interest rates by 50 basis points.
However, regardless of the situation, once nvda falls back to double digits, the bulls need to quickly start buying, just like last time. If it rebounds above 100, that would be even better.
In a bull market, investors should have the feeling that they need to get on the train as soon as it arrives, otherwise they will miss it. Otherwise, the market sentiment will dissipate. Once nvda falls below 90 and continues to decline, this wave is basically over.
Once the leader of this bull market, nvda falls, the bull market will come to an end. You'll see, it's already starting to crumble. $Tesla (TSLA.US)$ Today, it just directly shriveled up. The seesaw is also malfunctioning. In this bull market, some stocks may rise better than nvda, but no one can replace nvda's leading position.
My plan: If nvda falls to around 90-95, I will decisively buy more stocks. If I buy at this level, and the bear market really comes, then I can quickly cut losses without a big loss. If the bull market continues, nvda will at least return to 140, with a very good risk-reward ratio.
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