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Hedgeye CEO Keith McCullough provided a critical update on our positioning for the NASDAQ on Monday's edition of The Macro Show, following the monster 14%-plus drop in Nvidia.

"There are a lot of other things to buy. There should be other opportunities borne out of this," McCullough explains. "Under no certain terms do I have to be long (Nvidia CEO) Jensen Huang at peak margins and peak demand."

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Pros Don't Panic: Keith McCullough on $QQQ, $NVDA - TMS Banner