Nvidia's terrible Friday gives traders a preview of what a momentum unwind would look like

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Nvidia's terrible Friday gives traders a preview of what a momentum unwind would look like
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How much of a good thing is too much for the stock market?

How might one improve upon perfection? It's an eternal query for the metaphysical mind and a timely one for the here-and-now investor, after the stock market has feasted for months on a near-ideal set of conditions.

mountain Nvidia, 1-day Nvidia has been the speedy flagship of this exuberant AI theme, adding $1.5 trillion in market value in the past year and last week coming within sight of Apple's weight within the S & P 500. As many enjoy pointing out, Nvidia's valuation has come down over that span, from 60-times forward earnings to 34, as revenue and profit projections have exploded.

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