Name: NVDA & The Big Tech Part Of The Market Is Overpriced
Uploaded: 2023-08-21T20:26:24.972-05:00
Duration: 13 min 55 s

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Basically, I am not risk-off, but very much pro – rotation from big tech into cyclicals/value, notes Michael Purves. He discusses the downside risk for Nvidia (NVDA). He talks about how there is a lot of excitement and frenzy in this name which makes him nervous. He mentions that he's selling tech, NVDA in particular. He goes over how the big tech part of the market is overpriced. He then goes over the rotation into cyclicals and value. He highlights what's next for Bitcoin (/BTC) after last week's sell-off. Tune in to find out more about the stock market today.

NVDA & The Big Tech Part Of The Market Is Overpriced

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