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Nvidia's Parabolic Bubble Has Burst, and This Is What You Are Left With

That popping sound heard after the close Thursday was shares of Nvidia (NVDA) plunging by 10%, marking the end of a parabolic bubble.

Before releasing its earnings after the close Thursday, chipmaker Nvidia had been on fire so far in 2017 with a gain of 54.3% year to date, and up 146.8% since trading as low as $66.75 at its post-election boundary set on Nov. 10. This post-earnings decline is a popping bubble, and investors should be reducing holdings on strength.

Nvidia closed at $164.74 and the negative reaction to...