Trade Alert: Fading The Rally

Taking advantage of the 9th straight up day to add more short exposure.

May 02, 2025

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A 9th Straight Up Day

The S&P 500 is currently on track for a 9th straight up day, its longest winning streak since 2004. I’m taking advantage of that to add an additional bearish bet on Nvidia ( NVDA 0.00%↑).

News related to it has been mixed this week. On the one hand, Nvidia partner Super Micro Computer (SMCI 0.00%↑) posted disappointing earnings; on the other Microsoft (MSFT 0.00%↑…

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