
NVIDIA has emerged as a leading name at CES 2025, being recognized as the top performer among the Magnificent Seven stocks. However, analysts are observing a trend of profit-taking as the market reacts to the news. The stock is experiencing a sell-off, with reports indicating that it is dragging the Nasdaq lower. Traders are suggesting that this behavior aligns with the classic 'buy the rumor, sell the news' strategy, as many anticipate further declines in NVIDIA's stock price, particularly around the $150 level. The sentiment reflects a cautious approach among investors, with no immediate rush to re-enter long positions.
$NVDA dragging Nasdaq lower here now still is the issue, pretty classic sell the news event lol
$NVDA buy the rumor, sell the news wins again a tradition like no other lol...
$NVDA lows, hard fade on sell the news But how could u see that coming... https://t.co/uju1IvDWJQ


