I Aim to Kill You with It, Mmmhmm

CNBC was running a countdown clock graphic until NVIDIA earnings tonight, a guest on Bloomberg boasted that she advised clients to "sell puts" into the NVDA report as a low-risk strategy in case the stock goes down a bit, and various bulls on social media are one-upping each other in terms of their four digit price targets for the stock after tonight's "obvious" gap up after another blowout earnings report. 

All of the above factors smack of a bottom-of-the-ninth inning mania, with the stock at the epicenter of all of this evading any serious questions about its accounting, until now. But all it takes is one disappointment bit of guidance (did you see PANW down 26% this morning after the CEO warned of a spending drop-off in the cybersecurity industry?) and NVDA could be down 30-40% in the blink of an eye.

And then what happens to those "low-risk" put sellers?

I do not mind having egg on my face of the NVDA party rolls on with another gap up tonight, since I see as many factors as possible lining up for a tech/growth/broad market big move lower, including seasonality, valuation, technicals, sentiment, macro and political headwinds/uncertainty. 

And all of the signs above of a pure froth on an historical level. 

A countdown clock to the NVDA party? Doyle, "I aim to kill you with it, mmmhmm."