Author argues Nvidia tends to trade down after hitting the $5 trillion market-cap milestone.
NVDA — AVOID Author says companies, including Nvidia, typically trade down after breaking a psychological market-cap barrier; Nvidia has just broken $5 trillion. He expects a pullback before any possible advance and considers a jump to $10-$20 trillion unrealistic.
When a company breaks a barrier, in Nvda case 5 trillion, it tends to trade down before it pops again but breaking 5 trillion into 20 is wishful thinking.