$NVDA, Today on CNBC, I saw a money manager say he...
By:TradingView
Bitget offers a variety of ways to buy or sell popular cryptocurrencies.Buy now!
A welcome pack worth 6200 USDT for new users!Sign up now!
NVDA, Today on CNBC, I saw a money manager say he bought more NVIDIA Corporation today. He believes the fundamentals are so strong that the stock will never experience a major correction.
In my view, that suggests he hasn’t studied market history. Betting that a stock will never have a major correction is a low-probability bet.
After extended trends, the odds eventually shift. At some point, bullish momentum becomes overextended and the probability of a bearish move increases. I believe the market may already be at that point.
Right now, I estimate there is roughly a 60% chance that this year-long range eventually breaks to the downside. If NVDA were to reach $250, the probability of a major correction could rise to around 80%.
That conclusion isn’t based on opinion—it comes from studying more than 150 years of market history and high-growth companies. The pattern appears again and again: even the strongest companies eventually experience meaningful corrections after extended runs.
In my view, that suggests he hasn’t studied market history. Betting that a stock will never have a major correction is a low-probability bet.
After extended trends, the odds eventually shift. At some point, bullish momentum becomes overextended and the probability of a bearish move increases. I believe the market may already be at that point.
Right now, I estimate there is roughly a 60% chance that this year-long range eventually breaks to the downside. If NVDA were to reach $250, the probability of a major correction could rise to around 80%.
That conclusion isn’t based on opinion—it comes from studying more than 150 years of market history and high-growth companies. The pattern appears again and again: even the strongest companies eventually experience meaningful corrections after extended runs.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
ProKidney’s Unclear Messages Leave Traders Puzzled
101 finance•2026/03/14 02:15
Congress Faces Pressure to Ease Tax Rules on Small Bitcoin Payments
Cointurk•2026/03/14 02:12
Walmart vs. Costco: Which Company Offers Superior Dividend Potential in 2026?
101 finance•2026/03/14 02:06
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$70,836.68
-1.03%
Ethereum
ETH
$2,094.02
-1.36%
Tether USDt
USDT
$0.9999
-0.01%
BNB
BNB
$656.44
-0.81%
XRP
XRP
$1.4
-0.72%
USDC
USDC
$0.9998
-0.02%
Solana
SOL
$88.21
-2.26%
TRON
TRX
$0.2933
+1.09%
Dogecoin
DOGE
$0.09563
-1.18%
Cardano
ADA
$0.2653
-2.40%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now