Yo Pit Crazies,

Another All time high yesterday as stocks keep chugging along on Nvidia Corp (NVDA) deal making. I have to hand it to them, they are investing in the future of AI with both hands. So far they have been very right.

Someone who is very wrong is Paul Krugman. He must have a book to sell because he was on the MSM Tuesday morning talking about how the Mag 7 crash will bring down Western Civilization. It might happen.

By the way, this one from one of his last books:

So do you listen to Jen Hsun Huang, CEO of NVDA, or Krugman?

I am going with Jen Hsun. You should too!

Why is NVDA taking a stake in Nokia (NOK)?

I do not know why exactly, but my guess is that NVDA wants a say in making networking gear and Nokia is dirt cheap. Either way, they are spending money.

Nokia as a stock has not moved in a year. At one point, Nokia was the most valuable company in Europe when everyone had to have a flip phone. The stock was mostly stuck behind six bucks.

Fast forward to Monday and traders were buying up calls in NOK right before the spike above. That Big Money Flow is up 4x already at least.

Nvidia keeps plugging along and Big Money Flow will help find the good ones.

I took profits in many S&P 500 long positions yesterday but will likely roll up today.

To Your Trading Success,

 AG