Daily Wrap – Nvidia’s Poor Response To Earnings Sparks Some Rotation To Cyclicals, Value, Small Caps and the DJIA.

Another day, another escalation in the Ukraine/Russia war. Earlier Ukraine claimed that Russia launched an ICBM into Ukraine, but with conventional rather than nuclear warheads. The U.S. intelligence community quickly countered that it wasn’t an ICBM, but a new experimental mid-range hypersonic missile (or group of them). Here you a can see a clip of…