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oil down, stocks upeverything RIPPING except Nvidiashows you how much of a drag oil has been on stocks, obviously certai…

oil down, stocks up

everything RIPPING except Nvidia

shows you how much of a drag oil has been on stocks, obviously certain names are still in huge drawdowns but we haven’t seen WTI sustain $87 for months

imagine if it actually goes down to $75

not horrible for equities

also interesting to note that the market has moved forward today WITHOUT Nvidia, implying that…maybe the market doesn’t need to be this dependent on one company which actually does feel more bullish on the overall health of equities

$NVIDIA(NVDA.US) $SPY $QQQ

Source: amit

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