NVDA if you are expecting 130 this week you are delusional. the yield on US02Y is looking to fill a fvg down to 3.98 sometime this week. US10Y will follow suit. Big $ must exit bonds for the market to move back up, and there is no reason for them to do so at this time. NVDA is no longer an exception to forces effecting the entire market.
NDXSPXUS10YUS02Y Last week China dumped massive amounts of US bonds and yesterday Saudi Arabia dumped US bonds. If USDJPY goes up above 160, BoJ can dump US bonds and foreign assets they hold. Bond yields can keep going up and if FOMC doesn't end nice, we can see bigger dumps across all the markets.