Tim Knight on NVDA: Key Chart Signals You Can't Miss

Nvidia ripped once the call started and Tim Knight used it to reload. He was completely out of semiconductors going into the print, by his own account to sidestep the risk, and the pop handed him better prices to short two chip names again this morning. He also reshorted Intuit off a gap it sealed almost to the penny, owns up to taking a loss covering a Salesforce short after hours, still refuses to touch Nvidia itself, and explains why Caterpillar belongs in the AI conversation at all. His views are his own, not tastylive recommendations. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 0:00 Nvidia rips and chips reverse 0:35 Why he sat out yesterday 1:20 A very gap happy market 1:56 Salesforce leads the charge 2:35 Getting out after hours 3:42 Reshorting Intuit off the gap 4:26 Why he will not trade Nvidia 5:10 Back into two chip names 5:49 The channel on the chip ETF 6:46 Trading around the event risk 7:17 An epic battle on the screens 7:55 The China trade still working 9:27 Why it keeps sliding lower 10:25 Caterpillar as an AI trade 11:45 Does Jackson Hole change anything #tastylive #timknight #nvidia #semiconductors #intuit #salesforce #caterpillar #technicalanalysis #charts #trading tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.