Premium"Well, Here We Are": BTIG's Krinsky Says The Nvidia Bounce Is A Gift To Sell As The Dollar Breaks Out
Exactly one week ago, the S&P was at 7,350, every sector was red, the Philly semis index had just puked 12% and BTIG's chief technical strategist Jonathan Krinsky was telling clients that "it's hard to bottom when breadth is topping."
Seven days, one hot CPI print and one Nvidia CEO resignation later, the S&P is back above 7,600. And Krinsky has a question for anyone who spent last Thursday wishing they had sold.