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.”
——–
Like this video? Subscribe to Bloomberg Technology on YouTube:
Watch the latest full episodes of “Bloomberg Technology” with Caroline Hyde and Ed Ludlow here:
Get the latest in tech from Silicon Valley and around the world here:
Connect with us on…
X:
Facebook:
Instagram:
Follow Ed Ludlow on X here:
Follow Caroline Hyde on X here:
Listen to the daily Bloomberg Technology podcast here:
More from Bloomberg Business
Connect with us on…
X:
Facebook:
Instagram:
LinkedIn:
TikTok:
@MichaelLudden
August 6, 2024 at 3:54 pm
Yes they are
@augustoliver2779
August 6, 2024 at 4:15 pm
Lol! I totally bought NVDA
@cyfrowymuza
August 6, 2024 at 4:28 pm
BS
@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
@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!
@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
@swedesam
August 6, 2024 at 8:12 pm
Agree with Bahnsen.