“Volatility will likely persist for the next few weeks” Correct. Citadel had to unwind their position and it seems after the reports this morning that it’s likely over. Quote from Gavin Baker this morning “And given that Citadel likely has $500 billion of gross, this means it is most likely over from a selling pressure perspective.” Would expect $SOXX and related AI names to get some sort of relief soon. $NVDA earnings might just be the spark.
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