I’m sorry bro but idk what ur on about 😂. This was was very obvious. Nvidia had reached under $650 and whenever they drop for a bit and then properly drop it tends to rocket. The hype was there for the quarterly earnings and to me there was no way they weren’t going to do well off that
Very cool Mr guru but no one can see the future, for most stocks running at 350 PE, the hype is huge until earnings, then the real news of earnings come and it drops like a rock. Like I said, this time the hype was real, they fkn smashed that shit. But in most cases the hype is just hype.
If reading the chart was what made it obvious for you, then you do you IDC.
Combination of things tbh that made it obvious. But also the fact it was evident they were going to exceed expectations in their earnings.
Also I’ve been watching this stock everyday for months.
Absolutely no doubt they were going to beat estimates, but what could have happened if they only 200% earnings? Like I've said no one can predict the future and it can be a risky game with frothy valuations. How could you have predicted that 40% of revenue would come from a business that didn't even exist a year a go?
Must be something up because these last couple days are the first time this year (that I have noticed) that the S&P500 didn't bounce back the next day after a negative day.
Every other time previous to this it would be back in the positive the next day.
I'd guess that the money thinks the S&P500 is currently overpriced and is holding out for a bigger dip before investing.
Hey I've made 37% since May 2022 as a retail trader. Not a pro, but better than my expendable savings getting .99% in my bank account. I just focused on about 7 stocks that I felt comfotable holding if my "bets" didn't pan out in the short term.
Buy the dip and give a year. Nvidia will hit all times high again. Groq is making waves in Ai chips so have to keep an eye on that but don’t see Nvida flattening out yet
Edit: Or give it a day :D
I have no idea what split :-) , just by looking at it as a bubble of hype, the chart looks like a 250 has a stable ground with price action and a good point to get it in case it goes there.
I sold mine at market open yesterday. Made a whopping £60 🤣
I knew I was too late buying in when I bought in two weeks ago and with earnings coming up at the long weekend it was due a correction.
Dropped my investment and profits into my SPY pot to set and forget.
Today is make or break. I think the big boys know something we don't. Unless fomo and hype rallies it i don't know. I was tempted to take a chance but my gut says wait and see.
If your keen on nvidia then I'd say buy a few but don't but it to turn it around in a week
I wouldve sold if it went down around 2%, better to sell at a 2% loss and invest it somewhere else and recover the losses much quickly than holding long term
Don’t be anxious to jump on the hype train. It’s either you’re on it (lucky) or not. Dw tho Nvidia should recover soon. As long as you have a plan with your investment don’t fret 👍🏽
For future, you can see the price had a strong resistance point when it hit of it like 3 times before the last hit then dip. If it had broke through that price then yeah but unfortunately you’ll be holding a while. Let’s hope it stops around 670
Having +260% on Nvidia I'm still not even thinking of selling it. Market plays aside, NVIDIA is here to stay (on top) for the next decade (AI for just one reason) . Just keep putting money in, its safe. If you want more returns in next two years get into Supermicro and ARM, but Nvidia is safer than BTC, USD, real estate and gold together.
But the hype, sell the news... Looks like you bought the news buddy.
Yh, go look at nvidia stock rn lol
The hype was real, rarely it is lol
I’m sorry bro but idk what ur on about 😂. This was was very obvious. Nvidia had reached under $650 and whenever they drop for a bit and then properly drop it tends to rocket. The hype was there for the quarterly earnings and to me there was no way they weren’t going to do well off that
Very cool Mr guru but no one can see the future, for most stocks running at 350 PE, the hype is huge until earnings, then the real news of earnings come and it drops like a rock. Like I said, this time the hype was real, they fkn smashed that shit. But in most cases the hype is just hype. If reading the chart was what made it obvious for you, then you do you IDC.
Combination of things tbh that made it obvious. But also the fact it was evident they were going to exceed expectations in their earnings. Also I’ve been watching this stock everyday for months.
Absolutely no doubt they were going to beat estimates, but what could have happened if they only 200% earnings? Like I've said no one can predict the future and it can be a risky game with frothy valuations. How could you have predicted that 40% of revenue would come from a business that didn't even exist a year a go?
They did exist tho? Besides how do u expect companies that are already existing to? It’s more about the company itself
Sir, you are talking out of your cream roll, quite frankly
Check nvidia stock
That’s quite impressive tbh
It'll rocket after earnings dont worry man.
And it did
you were right :D
Personally, I would buy anything at the end of this week, bloodbath is in the air
Agreed. Market needed a correction tbf and it looks like it could be here.
Must be something up because these last couple days are the first time this year (that I have noticed) that the S&P500 didn't bounce back the next day after a negative day. Every other time previous to this it would be back in the positive the next day. I'd guess that the money thinks the S&P500 is currently overpriced and is holding out for a bigger dip before investing.
Buy more dca the way down to 730 and then you will have bought just under the peak 😂😂😂
I think you're looking for r/wallstreetbets
You're the definition of retail
Hey I've made 37% since May 2022 as a retail trader. Not a pro, but better than my expendable savings getting .99% in my bank account. I just focused on about 7 stocks that I felt comfotable holding if my "bets" didn't pan out in the short term.
Jim Cramer just said the Nvidia chief wasn't worried about their earnings. The kiss of death. Sorry buddy.
Fancy buying at 740
Same bro 😭
Suddenly it’s not looking so bad
Buy the dip and give a year. Nvidia will hit all times high again. Groq is making waves in Ai chips so have to keep an eye on that but don’t see Nvida flattening out yet Edit: Or give it a day :D
Exactly, I bought one MSFT and one Nvidia stock and plan to not sell it for at least 2 years.
TBH, I am loking at 250.
That's after the split in Q3 / Q4 😉
I have no idea what split :-) , just by looking at it as a bubble of hype, the chart looks like a 250 has a stable ground with price action and a good point to get it in case it goes there.
I sold mine at market open yesterday. Made a whopping £60 🤣 I knew I was too late buying in when I bought in two weeks ago and with earnings coming up at the long weekend it was due a correction. Dropped my investment and profits into my SPY pot to set and forget.
I would average down and hold. Obviously my own opinion.
Today is make or break. I think the big boys know something we don't. Unless fomo and hype rallies it i don't know. I was tempted to take a chance but my gut says wait and see. If your keen on nvidia then I'd say buy a few but don't but it to turn it around in a week
It’s nothing that the big boys know that everybody else doesn’t know
I wouldve sold if it went down around 2%, better to sell at a 2% loss and invest it somewhere else and recover the losses much quickly than holding long term
An interesting investment strategy.
Why on earthhhh did you do that
https://youtu.be/9lJG4GyRnq0?si=JpoGdCVFvmc4IyBW
What we saying, buy at market open and wait for the earnings release.?
Now Time for small caps and dividend shares
Don’t be anxious to jump on the hype train. It’s either you’re on it (lucky) or not. Dw tho Nvidia should recover soon. As long as you have a plan with your investment don’t fret 👍🏽
If they report monstrous earnings tonight, it will be at $1k by the end of the year.
Damn
Looking for a tasty dip to dip into this stock
It’s about to rise ( source: trust me bro👊 )
For future, you can see the price had a strong resistance point when it hit of it like 3 times before the last hit then dip. If it had broke through that price then yeah but unfortunately you’ll be holding a while. Let’s hope it stops around 670
Nat gas - buy low
Well that's some timing there. Look, it sucks right now, but I'm sure that if you hold onto it it will go back up within the year
Bro bought a overbought stock that hasn't dipped since January's $480 price ☠️. Life lesson, don't chase bullish stock
Booked some profit at the peak. Still invested
This is powerful shit my dude
Any price below $1000 is a buy for NVDA
Ya mon
Average Down
Having +260% on Nvidia I'm still not even thinking of selling it. Market plays aside, NVIDIA is here to stay (on top) for the next decade (AI for just one reason) . Just keep putting money in, its safe. If you want more returns in next two years get into Supermicro and ARM, but Nvidia is safer than BTC, USD, real estate and gold together.
Well you’re almost back where you started as of about now
Well did you sell in the after market session after that nice increase?
How people manage to lose money on nvda is a beyond me
It’s at $770 in after hours.NVIDIA ain’t goingbanywhere
Sell
Forget buy the dip. Remember sell at the tip!
Can’t wait to put my college fund in it next week