{"id":442215,"date":"2026-11-13T19:40:07","date_gmt":"2026-11-13T12:40:07","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/wall-street-steadies-despite-nvidia-drama-but-dip-buyers-are-still-walking-a-tight-rope-442215\/"},"modified":"2026-11-13T19:40:07","modified_gmt":"2026-11-13T12:40:07","slug":"wall-street-steadies-despite-nvidia-drama-but-dip-buyers-are-still-walking-a-tight-rope","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/wall-street-steadies-despite-nvidia-drama-but-dip-buyers-are-still-walking-a-tight-rope-442215\/","title":{"rendered":"Wall Street steadies despite Nvidia drama but dip buyers are still walking a tight rope"},"content":{"rendered":"
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Just about everyone seems to be kicking and screaming about how Jensen Huang is tearing down the whole AI boom. And if you listen to the social media echo chamber,\u00a0you might think tech stocks have already crashed into oblivion.\u00a0Well, here’s a little reality check. As of the close yesterday, the Nasdaq is keeping within\u00a010% from its record highs in early October and is still up by 9% this year.<\/p>\n

So, let’s take a step back and\u00a0put the funeral arrangements on hold for now, shall we?<\/p>\n

US futures are also continuing to keep steadier today with S&P 500 futures up 0.2% and Nasdaq futures up 0.1%. And that comes despite the\u00a0bombshell surrounding Nvidia and Jensen Huang’s resignation as CEO. The chipmaker is even seeing shares trade up by around 3% now in pre-market. Considering the circumstances, I’d say that’s a pretty decent showing.<\/p>\n

The steadier mood comes after\u00a0Wall Street also managed to recover considerably from its lows yesterday. So, it’s not to say that dip buyers have packed their bags and ran for the hills.<\/p>\n

Having said that,\u00a0I wouldn’t want to mistake that resilience for an all-clear signal either.\u00a0The Nvidia drama is one thing. However, the bigger headache for tech stocks is that investors are still questioning whether the enormous spending on AI infrastructure can deliver the returns needed to justify lofty valuations.<\/p>\n

And with Treasury yields surging again this week, the backdrop is getting even more challenging for equities in general.<\/p>\n

10-year Treasury yields have now moved back up to 5.12% with 30-year yields climbing to 5.46%. That’s not a good look for growth stocks,\u00a0particularly when their valuations depend heavily on profits expected years down the road.\u00a0Higher yields make those future earnings less valuable in today’s terms, while offering investors a more attractive alternative in bonds.<\/p>\n

So, what’s the state of play then for dip buyers at this juncture?<\/p>\n

I reckon there’s still a case for Wall Street to steady itself, especially when the Nasdaq is only around 8% below its October peak. The panic has certainly been louder than the actual damage so far. However, the important thing to be aware of here is that\u00a0the margin for error is getting awfully thin.<\/p>\n

With AI spending doubts up in the air, bond yields seeing a resurgence once again and Nvidia’s leadership uncertainty still lingering, it would be fair to assume that the market will be far less forgiving of bad news.<\/p>\n

In other words, the dip buying playbook isn’t necessarily thrown out the window. It is just that\u00a0every wrong move is now going to hurt a whole lot more. For me,\u00a0that speaks more to a nervous and unforgiving Wall Street than the outright crash or armageddon that some are already calling for.<\/p>\n

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This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Just about everyone seems to be kicking and screaming about how Jensen Huang is tearing down the whole AI boom. And if you listen to the social media echo chamber,\u00a0you might think…<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-442215","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=442215"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/442215\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=442215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=442215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=442215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}