Postaus

Cash session narrowed the post-NVIDIA breadth trade fast. At 9:17am CT, $NVDA traded $226, +8%, $ARM $267, +6%, and $AVGO $367, +3%, while $SOXX traded $523, +2%. But $MRVL was back to $245, flat, $MU $924, -2%, $SNDK $1480, -1%, and $WDC $456, -3%. That is a different tape from 7:32am CT, when $MRVL was +4% pre-market and memory was up 4%-5% after NVIDIA printed $96.2B of fiscal Q2 revenue, $89.0B of Data Center revenue, and a $108.0B fiscal Q3 guide. #DailyOrbit