“My systems have no ego, no opinion, and no Twitter account. What they do have is edge.”
— THE MOLE
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NVDA closed the week at $234, poking above the top of its weekly expected move near $232. Friday’s candle faded from the open and it still held above the rail. Meanwhile implied volatility is sitting under 30%, which is about…
On Friday, the market got exactly the news it wanted. The September jobs report printed at +29k against a consensus of +90k. A big, soft, risk-on miss. Bitcoin did what it was supposed to do and spiked toward $86,000.
Nvidia is sitting at three-month highs on a thesis that needs basically everything to go right for the next two years. Morgan Stanley just told you to buy it anyway.
