The tech-heavy S&P 500 has experienced some turbulence in recent trading weeks, with geopolitical tensions in the Middle East playing a role in dampening market momentum for 2024. One significant player in the S&P, chip-making giant Nvidia, has seen its shares decline by 15% in the past month, sparking speculation about the future of Big Tech rally.

Market Domination recently had the opportunity to speak with F/m Investments President and Chief Investment Officer, Alex Morris, to gain insight into the chip sector and Nvidia's recent stock performance. Morris weighed in on the market landscape, stating that while the dip in Nvidia's share price is surprising, there is no apparent catalyst for this decline.

Morris emphasized that Nvidia, along with other major tech names such as Microsoft, are known for their momentum in the market. However, he explained that momentum stocks occasionally need to take a breather, suggesting that this could be a temporary pause rather than a signal of a broader slowdown.

While Morris did not attribute Nvidia's current dip to geopolitical events, he did note that such events provide an opportunity for investors to reassess their investment strategy and potentially secure profits. It remains to be seen whether this recent decline in Nvidia's shares indicates a longer-term trend or simply a temporary setback for the chip-making powerhouse.

For more expert insights on the current market landscape and to stay updated with the latest market action, interested individuals can watch the full episode of Market Domination, available at the provided link.

As the market continues to navigate geopolitical uncertainties and the performance of major tech players like Nvidia, investors will closely monitor future developments to gauge the health of the tech sector and determine whether the Big Tech rally is facing a pause or if it still has room to grow.