Subject: NVDA and the Market
We all know by now that NVDA is having stellar results.

NVDA had been going sideways while the general market was selling off.

NVDA is more of a cost than anything else for the rest of the global corporate world.

Why would NVDA stock jumping in price be good for the SPX or Nasdaq individual equities?

NVDA is $4.5 tr in market cap. The PE is 46. The PE is so high that the stock does not need to rise over the coming months for NDVA to be reasonably priced.