will the Inverse Cramer effect hit Nvidia by the end of the year?
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resolved Dec 30
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There's a reason The Inverse Cramer Strategy is a popular trope. Recent examples include:
Binance
Kyle Vogt (who apparently resigned for personal reasons, but still)
Given that Cramerisms are often seen as omens, should we assume that his enthusiasm toward Nvidia is a bad sign?
To make it easy, I'll resolve this Yes/No at the end of the year if NVDA is down ≥10% from today's market close ($499.44 on 21/11) at the end of the last trading day of the year. Bond markets close early on Friday 29/12.
*Obviously given Nvidia's position in the market these days, a Yes resolution feels like a bit of a stretch. Still, we can't underestimate the power of Jim Cramer to be horribly wrong.
ETA: target is $449.49
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