Eric Balchunas Says Dip Buyers Keep Piling Into an Nvidia Fund Down 47% in a Month
247wallst.com reports that buyers keep pouring money into the GraniteShares 2x Long NVDA Daily ETF as it slides — down 53.75% in a month — quoting Bloomberg's Eric Balchunas saying "the more it goes down the more they put in." The article ties the tumble to Nvidia's 27% monthly drop, Jensen Huang's reported resignation as CEO, and an earnings report due November 17, arguing a volatile recovery could keep eroding the leveraged fund.
