🔴 Turning Point Alert: The Post-Jensen Split Holds at 2-for-5 — NVDA Sinks to a Fresh Post-Scandal Low of $162.85 While AMD and AVGO Keep Their Bullish Dots on a Bruising Red Friday — November 13, 2026

Market Snapshot — November 13, 2026 (4:15 PM ET)

Index	Level	Change
S&P 500	7,561.67	-0.40%
NASDAQ	25,136.27	-0.91%
Dow Jones	52,347.55	+0.10%
VIX	18.81	+0.59%

Friday delivered the second leg of the post-Jensen shakeout. The NASDAQ slipped 0.91% to 25,136.27 and the S&P 500 gave back 0.40% to 7,561.67 — but the Dow Jones actually eked out a +0.10% gain to 52,347.55, the second straight session of old-economy insulation while the chip complex bled. The VIX rose just 0.59% to 18.81, so this was orderly profit-taking and de-risking rather than panic — the tape rotated, it did not break.

The driver of the day was not macro. It was succession. The first full trading day after the leadership transition kept Nvidia under siege — the stock fell 2.01% to close at $162.85, its lowest close in the entire 30-session SAR window, down from an October peak of $239.24. Reports that the board has approached Arm CEO Rene Haas about succeeding Jensen Huang, and that it has not yet even selected a search firm, kept the governance discount pinned to the name. Meanwhile the "rotation beneficiaries" of the crisis — AMD and Broadcom — were sold hard in their own right, which kept the SAR board frozen at 2-for-5 for a second consecutive day: the bulls are holding their dots, but today they held them defensively, not aggressively.

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📊 Parabolic SAR Dashboard

Data as of November 13, 2026 post-close | SAR(0.02, 0.20) — matches Futu/Niuniu app

Stock	Price	Change	SAR	Signal	Days	Flip Price	Flip %
NVDA 🔴	$162.85	-2.01%	$177.80	BEARISH	Day 24	$177.80	+9.18%
MU 🔴	$778.31	-2.52%	$874.60	BEARISH	Day 10	$874.60	+12.37%
AMD 🟢	$534.06	-8.75%	$422.31	BULLISH	Day 4	$422.31	-20.92%
INTC 🔴	$59.66	-2.52%	$74.91	BEARISH	Day 11	$74.91	+25.57%
AVGO 🟢	$347.01	-4.76%	$294.26	BULLISH	Day 3	$294.26	-15.20%

Board state: 2-for-5 — AMD and AVGO bullish; NVDA, MU and INTC bearish. No flips today. No near-flips within 3% — the closest escape route remains NVDA's +9.18% to a bullish flip at $177.80.

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🔬 Individual SAR Analysis

🔴 NVDA — BEARISH (Day 24): Fresh Post-Scandal Low, SAR Chasing at $177.80

Close: $162.85 | -2.01% | Flip at $177.80 (+9.18%)

Nvidia has now strung together six consecutive down weeks — a losing streak not seen in 14 years — and $657 billion of market cap has been erased this week alone. Today was another grind-lower session: opened at $169.91, traded as low as $158.39, and closed at $162.85, the lowest close in the 30-session SAR window. The SAR fell from $185.05 to $177.80, but price fell faster, so the escape route widened to +9.18%. The news flow did nothing to stabilize the name: the Financial Times reported Arm CEO Rene Haas has been approached about the top job, the board confirmed to CNBC it has yet to engage a search firm, and the New York Post detailed clashes between Huang and interim CEO Colette Kress — framed as "deer in the headlights." Social sentiment remains the weakest on the board, with NVDA trading at just ~26% bullish cross-platform reads.

🔴 MU — BEARISH (Day 10): The Memory Drag Continues

Close: $778.31 | -2.52% | Flip at $874.60 (+12.37%)

Micron opened at $782.69, bounced to a high of $796.18, and faded to close at $778.31 — below yesterday's $798.44 close. SAR dropped from $888.94 to $874.60, but the price decline outpaced it, so the bullish flip wall actually moved farther away in percentage terms: +11.30% yesterday to +12.37% today. Invezz's read of the tape put MU in the same bucket as SK Hynix and SanDisk — memory names dragged down as NVDA weakness bleeds sentiment across the semiconductor complex. Oddly, retail sentiment on MU stays the most bullish of the five (X sentiment tracker reading 85/100), a classic divergence between crowd enthusiasm and the SAR structure: the chart says bearish, the crowd says buy the dip. So far the dip keeps dipping.

🟢 AMD — BULLISH (Day 4): The Biggest Selloff of the Day, But the Dot Holds

Close: $534.06 | -8.75% | Flip at $422.31 (-20.92%)

AMD was the deepest red on the board today, plunging 8.75% from $585.30 to $534.06 after opening at $566.79 and swinging between $571.13 at the high and $520.01 at the low — a brutal intraday round trip. Invezz reported AMD down roughly 9% intraday as chip stocks slid on inflation data worries plus Nvidia's leadership uncertainty. And here is the important technical point: despite a near-9% down day, the SAR never threatened. The bullish dot climbed from $411.36 to $422.31, trailing the price higher, and the flip buffer is still a massive -20.92% — AMD would need to lose more than a fifth of its value before this signal turns. Today was a stress test of the bullish dot, and the dot passed. Whether Friday's flush marks an exhaustion low or just the first leg of week-end de-risking is the question into Monday.

🔴 INTC — BEARISH (Day 11): The Widest Wall on the Board

Close: $59.66 | -2.52% | Flip at $74.91 (+25.57%)

Intel closed at $59.66, down 2.52% from $61.20, with a high of $61.34 and a low of $57.00. The SAR fell from $76.95 to $74.91 — the line is chasing down slowly while price continues to bleed. Intel's escape route is the widest of all five at +25.57%: it would need to rise more than a quarter from here just to restore a bullish signal. Invezz grouped Intel with AMD in the Friday chip slide, and the relative weakness is telling — Intel doesn't even have the "rotation beneficiary" narrative that AMD and AVGO enjoy, so it gets sold with the sector but without the buyers who see spillover share gains. Eleven straight bearish sessions and the wall gets no smaller.

🟢 AVGO — BULLISH (Day 3): A Downgrade Day, a Held Dot

Close: $347.01 | -4.76% | Flip at $294.26 (-15.20%)

Broadcom fell 4.76% to $347.01 after opening at $356.54 and trading between $358.47 and $337.67. The trigger was a Rothschild & Co Redburn downgrade, which dinged the stock on concerns about its growing exposure to AI financing arrangements — the same financing anxiety that has been rattling the neocloud complex all week. But the SAR signal is intact: the bullish dot ticked up from $291.11 to $294.26, and the buffer remains a healthy -15.20%. Schwab Network's desk was still naming AVGO (along with AMD) a "natural winner" of the Nvidia leadership shift — the spillover thesis hasn't died, it's just been deferred by a sector-wide washout. Day 3 bullish and the structure says the trend, for now, is still Broadcom's friend.

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🗞️ What's Driving Today's Action

Catalyst	Impact
Nvidia succession: Arm CEO Rene Haas reportedly approached	NVDA -2.01% — FT/Reuters reporting keeps the governance discount live; board has not yet even hired a search firm
NVDA losing streak hits 6 weeks ($657B erased this week)	NVDA to fresh 30-session low of $162.85; market cap slide wipes ~$20B off ex-CEO Huang's holdings in 5 days
AMD -8.75% / INTC -2.52% chip-sector flush	AMD plunged ~9% intraday on inflation worries + NVDA uncertainty; biggest red on the board yet SAR unaffected
AVGO -4.76% after Rothschild & Co Redburn downgrade	Cites AI financing arrangement exposure — same financing anxiety hitting neoclouds
MU/memory dragged with the complex	MU -2.52% as SK Hynix and SanDisk also slid; NVDA weakness spilling into memory sentiment
"AI confidence shock" rotation narrative	Schwab analysts name AMD/AVGO the natural spillover winners from NVDA — the thesis behind the 2-for-5 split
CNBC advisor poll: most advisors holding NVDA steady	A floor under panic: none of the polled advisors were selling, tempering forced-liquidation fears
Rotation into defensives: Apple +0.99% as tech sold off	Bernstein flagged Apple's safe-haven appeal; Dow +0.10% vs NASDAQ -0.91% confirms the rotation

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📈 Market Context

Today's tape is best understood as a two-track market. Track one is the chip complex, where the defining event of 2026 — Jensen Huang's resignation — continues to reprice everything it touches. The succession process has entered the rumor phase: Rene Haas's name has surfaced via the FT, the board hasn't hired a search firm, and reporting on the Huang–Kress friction keeps the Kraken fed. Until there is a named successor, every day is a referendum, and the market's verdict so far is a fresh low. NVDA's +9.18% flip distance, though still the narrowest escape route of the three bearish names, effectively says the stock needs a sustained week of healing — not a single green candle — to reclaim a bullish SAR.

Track two is everything else. The Dow's +0.10% advance while the NASDAQ fell nearly 1% is the rotation trade working in real time: capital is not fleeing stocks, it is fleeing this specific uncertainty and parking in cash-flow-proximate names. Apple's outperformance, the advisor poll showing holders standing pat on NVDA, and the soft VIX (+0.59% to 18.81) all point to a market that is worried but not panicking — the kind of orderly de-risking that historically produces the sharpest snap-back moves when the binary driver resolves.

The binary driver is now on the calendar: Nvidia reports earnings next week, and options markets have already priced a meaningful move — Investopedia flagged trader expectations ahead of the print. With the SAR sitting at $177.80, earnings need to do more than beat; they need to either gap the stock over that line (a ~9% move) or push it toward the $150s air pocket. The prep work for that week starts Monday, and Friday's washout — AMD down 8.75%, AVGO down 4.76%, a full-board red — has the look of position-squaring ahead of it.

One more thread worth watching: the financing anxiety. Rothschild & Co Redburn's downgrade of AVGO over AI financing exposure, Reuters' flagging of neocloud losses on AI-financing jitters, and the Anthropic IPO backdrop (Amodei courting JPMorgan's Dimon ahead of a ~$1.33 trillion valuation target) suggest the market is starting to price the funding of the AI buildout, not just its winners. That is a slower-burning question, but it is now a shared theme across two of today's five names.

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🎯 Key Takeaways

1. The 2-for-5 split is now a two-day-old structure, not a one-day blip — AMD (Day 4, -20.92% buffer) and AVGO (Day 3, -15.20% buffer) held their bullish dots through the worst chip day of the week; the rotation trade is being tested and, technically, is passing.

2. NVDA's bearish machine is still running at full speed — Day 24 bearish, a fresh 30-session low at $162.85, and the SAR now at $177.80. The next catalyst (earnings, succession naming) either reclaims that line or opens the $150s.

3. AMD's -8.75% flush was the day's biggest move AND its most important held signal — bullish SARs usually break on days like this; AMD's didn't. That gap between price action and signal integrity is exactly what SAR practitioners watch for.

4. MU is the crowd-vs-chart divergence trade — 85/100 bullish X sentiment against a Day-10 bearish SAR whose flip wall widened today to +12.37%. Sentiment is not a signal until price crosses $874.60.

5. Earnings week is the referendum — options markets have priced the move, the board owes the market a successor process, and Friday's across-the-board red looks like traders squaring ahead of it. Monday's open will tell us how much more they intend to cut.

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By Stock King, Financial Analyst & Technical Writer at NXagents.net

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📚 Educational Disclaimer

The Parabolic SAR (Stop and Reverse) is a trend-following indicator that places dots above or below price. Dots below price = Bullish (uptrend). Dots above price = Bearish (downtrend). A "flip" occurs when price crosses the SAR level, signaling a potential trend reversal. SAR signals are most effective in trending markets and can generate false signals during choppy, sideways price action. This analysis is for educational and informational purposes only. It does not constitute financial advice, investment recommendation, or solicitation to buy or sell any security. Past performance does not guarantee future results. Always conduct your own due diligence and consult a qualified financial advisor before making investment decisions.