Blackwell

Investor | Trend-follower.
Risk first. Process over prediction.
U.S. stocks & crypto.
Daily notes and positioning → link：

[Blackwell @BlackwellEdge]

Newton understood gravity. FOMO still wiped out a third of his fortune. https://t.co/gMmYCAgZrq

[Blackwell @BlackwellEdge]

🚨 THIS IS NOT NORMAL, HISTORY IS REPEATING!!

Jensen Huang just RESIGNED from NVIDIA after 33 YEARS.

And the similarities with Apple's history are TERRIFYING.

Look at this:

→ 1985: Steve Jobs was FORCED OUT of Apple.
→ $AAPL crashed 77%.
Now look at NVIDIA:

→ 2026: Jensen Huang LEAVES after 33 years.
→ $NVDA has ALREADY crashed 35% from its highs.

But here's what everyone is MISSING:
In 2000, the internet was supposed to change EVERYTHING.

And it did.

$NVDA fell as much as 14.3% Thursday morning after Jensen Huang resigned. By noon in New York, it had clawed back most of that drop and was down about 5% on the day. Even after the bounce, shares were roughly 32% below their early October high.

Steve Jobs getting pushed out of Apple in 1985 comes to mind. For investors, though, I think the dot-com boom offers a better lesson. You could be right about how much the internet would change the world and still pay too much for an internet stock. Stanford Report

That’s what I’m thinking about ahead of Nvidia’s Nov. 17 earnings. I’ll be listening for two things. Are its biggest customers sticking to their chip orders? And does management still expect the next generation to ship on time? Those answers matter more to me than how much of Thursday’s drop got bought. Yahoo Finance

If you own $NVDA , what would make you rethink the position first: a major customer cutting orders or Nvidia pushing back its next chip launch?

SAVE THIS CHART. YOU MAY NEED IT SOON.

Keep in mind:

I’ve spent 40+ years studying the markets and have called every major top and bottom.

I’ll post my next market call here first, then share the full breakdown in my WS group. The link to join is in my bio.

Follow and turn on notifications.

[Blackwell @BlackwellEdge]

Jensen Huang will have no role at Nvidia going forward.

Huang resigned as Nvidia’s president, CEO and board member, effective immediately, the company said Thursday, ending his 33-year run at the chipmaker he co-founded in 1993. The board thanked him for his “immeasurable contributions” but gave no reason for his departure.

[Blackwell @BlackwellEdge]

Hi（https://t.co/dqF8GpgiGh）Here’s WhatsApp number link. If you’re interested, feel free to click the link to get in touch. If you’d rather not click the link, no problem here’s WhatsApp number: [phone]. Just send “Hi” on WhatsApp.

[Blackwell @BlackwellEdge]

MARKET REVERSAL

🇺🇸 Over $1 TRILLION was added to US stocks in just 90 minutes

S&P 500 just reversed from a drop to a pump after the
$NVDA crash

SEND IT HIGHER!!

[Blackwell @BlackwellEdge]

I fully back Jensen Huang.

The good news: every Nvidia board member is a shareholder. All 11.

The bad news: this is starting to look like Succession. And coincidentally, right after the Democrats' midterm sweep. Jensen built Nvidia from nothing into a $4 trillion company. Shareholders, employees, consumers and America all won. Now the board is considering ousting him over his private life and leaks, before its own investigation is even finished.
Fiduciary duty means protecting shareholders.
Not feeding a bloodthirsty media frenzy.

[Blackwell @BlackwellEdge]

��� THIS IS NOT NORMAL, HISTORY IS REPEATING!!

Jensen Huang just RESIGNED from NVIDIA after 33 YEARS.

And the similarities with Apple's history are TERRIFYING.

Look at this:

→ 1985: Steve Jobs was FORCED OUT of Apple.
→ $AAPL crashed 77%.
Now look at NVIDIA:

→ 2026: Jensen Huang LEAVES after 33 years.
→ $NVDA has ALREADY crashed 35% from its highs.

But here's what everyone is MISSING:
In 2000, the internet was supposed to change EVERYTHING.

And it did.

$NVDA fell as much as 14.3% Thursday morning after Jensen Huang resigned. By noon in New York, it had clawed back most of that drop and was down about 5% on the day. Even after the bounce, shares were roughly 32% below their early October high.

Steve Jobs getting pushed out of Apple in 1985 comes to mind. For investors, though, I think the dot-com boom offers a better lesson. You could be right about how much the internet would change the world and still pay too much for an internet stock. Stanford Report

That’s what I’m thinking about ahead of Nvidia’s Nov. 17 earnings. I’ll be listening for two things. Are its biggest customers sticking to their chip orders? And does management still expect the next generation to ship on time? Those answers matter more to me than how much of Thursday’s drop got bought. Yahoo Finance

If you own $NVDA , what would make you rethink the position first: a major customer cutting orders or Nvidia pushing back its next chip launch?

SAVE THIS CHART. YOU MAY NEED IT SOON.

Keep in mind:

I’ve spent 40+ years studying the markets and have called every major top and bottom.

I’ll post my next market call here first, then share the full breakdown in my WS group. The link to join is in my bio.

Follow and turn on notifications.

[Blackwell @BlackwellEdge]

💥THIS IS INSANE

$1,000,000,000,000 has been added to US stock market

[Blackwell @BlackwellEdge]

Let me be clear. History rhymes but it does not repeat. The internet changed the world but 2000 killed the valuation. The real question is not if AI is real but what multiple you pay for it. I am not selling based on a resignation letter. I am trading based on Blackwell shipment cadence and hyperscaler capex. Stay sharp and protect your downside

[Blackwell @BlackwellEdge]

@AndreaLibby5 Bingo. You nailed the exact risk framework. A major customer cutting orders means the capex supercycle is peaking. A chip delay means margin compression is real. Either one breaks the valuation floor. I am watching those two metrics like a hawk. That is the only edge right now

[Blackwell @BlackwellEdge]

@mikee_hinson23 Exactly. Historical analogies are cheap. The N.17 earnings print is the ultimate reality check. I am digging into the hyperscaler capex guidance and checking if Blackwell lead times are actually shortening. The tape is driven by these supply chain metrics not the boardroom drama

[Blackwell @BlackwellEdge]

Spot on. The Jobs comparison is just a headline generator. You are absolutely right to focus on order visibility. For a structural monopoly like NVDA order visibility means CoWoS capacity utilization and HBM supply commitments. That is the only way to price this and I am tracking those supply chain nodes very closely

[Blackwell @BlackwellEdge]

Jensen (October 2026) says he hoped he'd still be Nvidia CEO 20 years from now

"My management style is what made it possible for the company to grow. Our organization is what made the company to thrive and innovate. I wanted to create an architecture of a company with as few silos as possible."

"The problem with silos, if the organizations are too rigid, then the company has very difficult time adapting to change. So I think a modern company really wants to be more and more agile and less and less structured."

Emily Chang: "Your son and your daughter are working at Nvidia. I think your son-in-law also works at Nvidia. Robotics, yeah. There is talk that your daughter is in line to be your successor. Is that true?"

Jensen: "I don't hope the job on her. And the reason for that is because that's their aspiration, Spencer or Madison's, they have to go earn it. And it's really, really hard work."

"When you're the CEO of a company, you have to focus on, of course, your family, but I've got a whole bunch of other families I'm caring for. I'm responsible for an entire industry. The pressure of being the CEO is high and it's supposed to be high. It should not be an easy job."

"I'm really hoping that the next CEO of the company is already at the company, but 20 years from now, I hope I stay healthy and I hope I continue to earn my keep, but so long as I can do that, 20 years from now, I hope they're already here, but they have to earn it."

"Just as I can be fired, the next CEO has to be hired. And I like it that way. I like that we can't be overly complacent about our position inside the company and that we can't take it for granted. And you're always vulnerable, you're always earning it, you're always striving to be better. That's a condition that's good."

[Blackwell @BlackwellEdge]

Jensen (October 2026) says he hoped he'd still be Nvidia CEO 20 years from now

"My management style is what made it possible for the company to grow. Our organization is what made the company to thrive and innovate. I wanted to create an architecture of a company with as few silos as possible."

"The problem with silos, if the organizations are too rigid, then the company has very difficult time adapting to change. So I think a modern company really wants to be more and more agile and less and less structured."

Emily Chang: "Your son and your daughter are working at Nvidia. I think your son-in-law also works at Nvidia. Robotics, yeah. There is talk that your daughter is in line to be your successor. Is that true?"

Jensen: "I don't hope the job on her. And the reason for that is because that's their aspiration, Spencer or Madison's, they have to go earn it. And it's really, really hard work."

"When you're the CEO of a company, you have to focus on, of course, your family, but I've got a whole bunch of other families I'm caring for. I'm responsible for an entire industry. The pressure of being the CEO is high and it's supposed to be high. It should not be an easy job."

"I'm really hoping that the next CEO of the company is already at the company, but 20 years from now, I hope I stay healthy and I hope I continue to earn my keep, but so long as I can do that, 20 years from now, I hope they're already here, but they have to earn it."

"Just as I can be fired, the next CEO has to be hired. And I like it that way. I like that we can't be overly complacent about our position inside the company and that we can't take it for granted. And you're always vulnerable, you're always earning it, you're always striving to be better. That's a condition that's good."

[Blackwell @BlackwellEdge]

Smart to stay patient. Gold is just reacting to real yields ripping higher. Holding non yielding assets during an AI capex supercycle is a massive opportunity cost. The real safe haven right now is not gold it is cash flow from compute monopolies. Let the macro dust settle and watch the dollar index

[Blackwell @BlackwellEdge]

Discounting FY2029 earnings is a dangerous game. Forward multiples only work if you assume the terminal value holds. The real question is not if NVDA hits that EPS but whether the AI capex supercycle can maintain this velocity without margin compression. I will read your deep dive but I am more focused on the 2025 Blackwell supply chain execution

[Blackwell @BlackwellEdge]

7 days of tight ranges is textbook vol compression. Dealers get long gamma and suppress volatility until the market picks a direction. Once key support breaks the gamma flips and mechanical selling accelerates the drop. The macro setup is identical to 2000 but the underlying earnings of the top weights are not. Watch the flow not just the historical chart

[Blackwell @BlackwellEdge]

🚨 NVIDIA IS ABOUT TO REPEAT ONE OF THE BIGGEST MISTAKES IN TECH HISTORY!

🇺🇸 JENSEN HUANG IS OFFICIALLY OUT AS NVIDIA CEO!

WHAT'S HAPPENING RIGHT NOW LOOKS TERRIFYINGLY SIMILAR TO WHAT HAPPENED TO APPLE IN 1985.

41 YEARS AGO, STEVE JOBS WAS PUSHED OUT OF THE COMPANY HE FOUNDED! NOW NVIDIA IS FACING A SIMILAR HISTORIC MOMENT.

JENSEN HUANG BUILT NVIDIA FROM NOTHING INTO THE MOST VALUABLE COMPANY ON THE PLANET. HE WAS THE FACE OF THE ENTIRE AI REVOLUTION!

NOW, AFTER 33 YEARS, NVIDIA WILL HAVE TO FACE ITS BIGGEST CHALLENGES WITHOUT THE MAN WHO BUILT ITS EMPIRE.

REMEMBER WHAT HAPPENED TO APPLE?

THE COMPANY LOST MARKET SHARE, FACED MASSIVE FINANCIAL LOSSES, AND WAS FIGHTING FOR ITS SURVIVAL BY THE TIME STEVE JOBS RETURNED IN 1997!

ALL AFTER LOSING THE MAN WHO HELPED BUILD IT!

NVIDIA IS MAKING THE SAME HISTORIC MISTAKE APPLE MADE 41 YEARS AGO!

THIS IS A MASSIVE TURNING POINT FOR THE ENTIRE AI INDUSTRY!

[Blackwell @BlackwellEdge]

@DallasDavid50 True. But they had a smooth transition. This $NVDA move is pure chaos. Keep those nibbles small until a new CEO is confirmed.

[Blackwell @BlackwellEdge]

Nvidia ($NVDA ) announced that Jensen Huang has stepped down as president and CEO and left the board, effective immediately.

Colette Kress, Nvidia’s executive vice president and CFO, will serve as interim CEO and continue as CFO while the board considers both internal and external candidates for the permanent role.

The board also named Harvey C. Jones its first-ever chair.

[Tyler Woolsey @TylerWoolsey23]

This is f*cking insane

Everyone is talking about Jensen Huang's affair this week. Almost nobody is talking about what he said about paying $8 billion in taxes

Nvidia CEO, asked about California's billionaire tax:

"The fact that I can afford to pay $8 billion in taxes over five years is a privilege"

"I'm not afraid of paying taxes. I'm just afraid of being poor"

In 3 minutes, he explains why he's fine paying it while other billionaires spend millions fighting it:

0:31 - "I don't mind paying taxes. Why not?"
0:33 - The one thing he hates: tax dollars wasted
1:05 - "I am the ultimate American dream"
2:13 - The question: $8B over five years, still worth it?
2:37 - Afraid of being poor, not of taxes
2:51 - Why he pays his people as much as possible, not as little

When billionaires fight a tax, most people blame greed

Jensen is teaching the math underneath:
country → education → company → merit → success → taxes

Old way: pay as little as possible, to the state and to your people
New way: paying more is the proof you won

Better than any $2,000 finance course I've seen

Is he right or is that easy to say when you're a billionaire?

[Blackwell @BlackwellEdge]

Timing is everything. This headline drops right when the market is looking for a catalyst to flush out over levered longs. Algos are hunting stop losses and dealer gamma is going to amplify the downside. Do not catch a falling knife immediately. Wait for the liquidity sweep to finish and watch the order book for institutional absorption