What Moneyvest said in this video:
- NVDAneutralmid-termThe host sees the espionage/DOJ probe into Megaspeed and resulting bipartisan legislation as Nvidia's only real risk, dismissing revenue and affair concerns as immaterial.Source
- SPYbullishshort-termThe host feels markets are holding up better, with the S&P and Nasdaq pushing higher and some recovery in semiconductors and the broader market.Source
- SOXXneutralshort-termSemiconductor ETFs printed a doji and started recovering, but are selling off again overnight, leaving no clear direction.Source
- MRVLbullishshort-termThe host discloses he bought Marvell at 160 and it is now back up to 168, a profitable current position.Source
- Market Breadthpositive for stocksshort-termLiquidity is rotating from Nvidia into its competitors, with many semiconductor stocks regaining upside momentum.Source
- AAPLneutralshort-termApple is approaching resistance around 355, with support at 328.Source
- AMZNneutralshort-termAmazon is pulling back slightly, with support at 263-264 and resistance up at 282-283.Source
- TSLAbullishshort-termTesla is breaking out above 386, which should flip to support, with resistance at 415-416 and strong support at 350.Source
- NVDAbullishlong-termThe host calls Nvidia's valuation extremely cheap, arguing fundamentals and cash flows do not justify a 32-33% valuation hit, and expects the company to remain well positioned long term once the governance issue resolves.Source