Larry McDonald
Founder of "The Bear Traps Report" Larry McDonald.
  • Markets guru Larry McDonald took a dig at Citi, which raised its price target for Nvidia's stock following its rally of over 200%. 
  • "The clown show rolls on," McDonald said, seemingly mocking Wall Street's tendency to follow the market rather than lead it. 
  • Last year, Citi had trimmed its price target for Nvidia, citing a decline in gaming demand. 

Citi just boosted its price target for Nvidia's stock – but markets guru Larry McDonald isn't impressed.

"The clown show rolls on - cut the price target on the lows - raise the price target on the highs - sell side 'research,'" markets guru and founder of "The Bear Traps Report" said in a tweet on Monday.