The speaker does not chase NVDA stock at these levels and gives no reason for that stance.
Bearish
“S&P 500 to 8,000? A Brutal Market Reversal Ahead | Gareth Soloway”
WealthionPublished Oct 12 · 3 passages
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the market gains that drive it, are concentrated in companies like Nvidia. Nvidia was also at a record high yesterday, even today. When you take a company valued at $5 trillion, it literally outperforms 100 to 200 S&P companies combined.
This means that those 200 companies are equivalent to Nvidia's weight in the S&P index.
I don't chase Nvidia stock at these levels;
We know the scale; even Nvidia said just today that it will sell 40 trillion... No, SpaceX. SpaceX will sell $40 billion in debt, financed by Apollo, to purchase Nvidia chips.
What this channel has said about $NVDA
Wealthion has only this one call on this stock.
2026-10-12BearishThis one
the market gains that drive it, are concentrated in companies like Nvidia. Nvidia was also at a record high yesterday, even today. When you take a company valued at $5 trillion, it literally outperforms 100 to 200 S&P companies combined. This means that those 200 companies are equivalent to Nvidia's weight in the S&P index.