Andy Constan: Preference for NVDA over speculative assets due to high volatility and NDX correlation

Andy Constan: Preference for NVDA over speculative assets due to high volatility and NDX correlation
NVDA favored over volatile speculative assets

Andy Constan, founder and strategist at Damped Spring Macro, questioned the rationale for buying a speculative asset with high volatility and strong correlation to NDX instead of choosing NVDA.

Constan previously highlighted a sharp decline in ONDS, after labeling a recent deal as hugely unfavorable for shareholders, with shares dropping 55 percent to a new year-to-date low here. He also calculated a deal spread offering a 7.2% potential return, compared to 4.5% for cash here. These comments reflect his continued focus on risk-return profiles across different assets.

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