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Big Tech Traders Are Not Buying the Dip

When the Nasdaq 100 Index extended a three-day slump into the double digits at its lowest point on Monday, only a minority of investors took the chance to load up on shares of Nvidia, Apple and other Big Tech names, with many traders unconvinced that the selloff is over. The Bahnsen Group CIO David Bahnsen…

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When the Nasdaq 100 Index extended a three-day slump into the double digits at its lowest point on Monday, only a minority of investors took the chance to load up on shares of Nvidia, Apple and other Big Tech names, with many traders unconvinced that the selloff is over. The Bahnsen Group CIO David Bahnsen joins Ed Ludlow to discuss the firm’s strategy to avoid Nvidia and other large tech stocks, anticipating a potential “disaster.” He speaks on “Bloomberg Technology.”
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7 Comments

7 Comments

  1. @MichaelLudden

    August 6, 2024 at 3:54 pm

    Yes they are

  2. @augustoliver2779

    August 6, 2024 at 4:15 pm

    Lol! I totally bought NVDA

  3. @cyfrowymuza

    August 6, 2024 at 4:28 pm

    BS

  4. @tshiamo_v

    August 6, 2024 at 5:54 pm

    Incredibly sound and clear-minded, its a nice break from all the speculative frauds/clowns we usually get to hear from

  5. @JULIANODESIOMBRA-zy1sg

    August 6, 2024 at 7:32 pm

    today the super micro SMCI presented a strong result, and even so it fell absurdly in the post market, and nvidia, despite being a great company with solid customers, also fell, and nvidia has a great legacy and will be worth more than 30 trillion dollars in the future . So this is market manipulation and they should be severely punished for acting like bandits on the stock exchange. I come to the conclusion that these scoundrels make a good company look bad. Draw your own conclusions as you will see these leeches lowering the price and making a profit on both buying and selling. These clowns are purposely causing a recession and it’s time for all American citizens to see this, they are embarrassing America, they are criminals and all American citizens should turn against what is happening in the stock market… this mountain -Russia has to end when the people revolt against all this trickery!

  6. @DerickStason

    August 6, 2024 at 7:35 pm

    I recently sold some of my long-term position and currently sitting on about 250k, do you think Nvidia is a good buy right now or I have I missed out on a crucial buy period, any good stock recommendation on great performing stocks will be appreciated

  7. @swedesam

    August 6, 2024 at 8:12 pm

    Agree with Bahnsen.

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Bloomberg Technology

Tech Leaders Approach Trump, Intel Seeks Altera Buyers | Bloomberg Technology

Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable…

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Bloomberg’s Caroline Hyde breaks down how President-elect Donald Trump and Elon Musk wield their political power as the government works to avoid shutting down. Plus, the Big Tech leader merry-go-round at Mar-a-Lago continues with Jeff Bezos the latest to try and influence Trump’s policies and decisions. And, private equity firms are competing for Intel’s programmable chip arm Altera.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Creatio CEO and Founder Katherine Kostereva joins Caroline Hyde to discuss the rise of AI agents taking front-line interactions from customer service to sales, and to give her outlook for the space in 2025. She speaks on “Bloomberg Technology.”
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Bitwise Asset Management CIO Matt Hougan tells Caroline Hyde why he believes the latest weakness in crypto and Bitcoin over the last few days is a “healthy pullback” which does not take away from the asset class’s overall great run this year. He speaks on “Bloomberg Technology.”
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