This morning on The Macro Show, Hedgeye CEO Keith McCullough provided subscribers with some valuable insight on managing the risks associated with Nvidia (NVDA), as it hovers near a critical TREND breakdown.
“When [NVDA] breaks TREND, there is a sincere recommendation called prayer, because everyone is long this thing,” said McCullough.
Unlike the Old Wall’s “buy and hold” strategy, which is designed to sell people stock, Hedgeye’s rules/fractal-based methodology focuses on preserving and protecting your capital. “The differences have never been more glaring between the Old Wall … and us.”
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