Nvidia (NVDA) is seeing amazing growth of revenues and share price, but it seems a pause in price action is taking place, notes Scott Acheychek. He talks about how investors are still digesting the last earnings and how significant the China impact will be. He outlines how competitors might be finally stepping up as AMD and INTC initiatives that are being announced in the next two weeks. He then goes over investing in NVDA with short and long ETFs, highlighting NVDX. He also looks at the impact of China’s chip sanctions on NVDA long-term. He also mentions that the Tesla (TSLA) Cybertruck has finally arrived. He says that the market is digesting a much more competitive arena for 2024 than it was a few years ago. He discusses investing in TSLA with short and long ETFs, highlighting TSLT. Tune in to find out more about the stock market today.
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