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Nvidia is something else back when AMD announced mi300 series with high memory capacity. Nvidia soon announced H200 with comparable memory and faster etc. keeping customers on the hook. Then what do they do announce Blackwell even before they have H200 available. Now H200 available all eyes on it while everyone is salivating for Blackwell. Hard to compete with that
New NVDA DGX H200 delivered...
https://venturebeat.com/ai/nvidia-ceo-jensen-huang-personally-delivers-first-dgx-h200-to-openai/
so we watch...LJ
Kind of an over reaction, especially since NVDA has positive news almost everyday about buying out an AI company or announcing a new lucrative deal with a large corporate entity.
After the big drop last week, investors are shell shocked.
Meta just reported a light revenue increase. So of course it took all the AI stocks down with it .
NVDA seems that it is becoming more volatile. A $50 spread in price range. It was usually limited to $30-$40 range, in a day.
Trying. Thank you. Some days better than others. Yesterday was better for me than today. Still learning.
You're welcome. Hopefully, you can make some $$ here.
Good luck to you!
Thanks for the reply CD.
About 70% of the stocks are traded by corporate entities, using algorithms. Retail traders make up about 30% of the market.
$NVDA is suddenly receiving a lot of sweep orders on both sides
By: Cheddar Flow | April 24, 2024
• $NVDA is suddenly receiving a lot of sweep orders on both sides
Bulls and Bears are fighting it out in the flow.
Read Full Story »»»
DiscoverGold
Makes sense. That validates what I thought might be the reason. So, is the market mostly programmed?
I get what you are saying. Things that go up fast usually come down faster.
TSLA is a very unusual stock. The stock was going up like crazy a few years ago and the company had never turned a profit. TSLA also had a lot of help from the government, or they likely would have gone under. However, what Musk has done is impressive.
If folks want to buy an electric car, that is their right in a free country. It doesnt work well for everyone and many first time purchasers have found out what some of the downside is about. Hence, the slowing of sales of EVs. The government pushing to mandate EVs is foolish. The markets decide that.
And shame on Ford and GM for going along with the nonsense and losing billions of $$. Customer demand is what drives sales, not government mandates. So now they have invested billions $$ on EVs and there is no return, so far and actually significant losses.
As to NVDA, the fundamentals are still good. We can joke and make fun of each and it's all harmless fun. But we can't change the fact that the stock went up each month for more than a year. So why not profit from that? When it starts to tip over, I flip the trade and will ride that wave down.
I'm not married to the company or their agenda - I'm here to generate profits. And so far, have done quite well with that endeavor.
It seems like you are well positioned for the tip over. Maybe it comes now or maybe next year. None of us knows for sure.
Good luck to you.
Artificial intelligence, which a few years ago existed only in science fiction (check out William Gibson’s Neuromancer), has morphed into an epic stock bubble. Nvidia, maker of the leading AI microchips, saw its market cap surge from $200 billion in 2019 to $2 trillion in 2023. I haven’t actually checked, but that might be the fastest episode of paper wealth creation in human history.
So it’s possible that this sector got … ahem … a little ahead of itself. And last week it corrected brutally.
Wolf Richer just posted some charts showing how bad — and widespread — the damage was. Here’s the AI part of his article:
Nvidia [NVDA] plunged 10% today, to $762.00, the worst one-day plunge since March 2020. It’s down 21.8% from its all-time high of $974 on March 25. It became infamous here in this joint on February 24, when we honored it with a WTF Chart of the Year. At that time, Nvidia’s market cap had spiked to nearly $2 trillion, and shares to $788.
We compared it to our WTF-Charts-of-the-Year of Tesla, which a couple of years later made it into our pantheon of Imploded Stocks, though its business continued to boom, and its Model Y became the bestselling model in the world. It just meant that the mania had begun to seep out of the stock.
The minimum qualification for making it into the pantheon: the stock has to drop at least 70% from the all-time high. For NVDA to be inducted into the pantheon, the stock would have to drop to $292, and that’s not hard, that’s where it had been only 10 months ago. It was already a very high-priced stock back then. So today, we’ll honor it with a new and improved WTF chart of the year.
The same chart for all is due to the algorithmic trading, done by computers. When they sense resistance they sell.
That worked nicely! *NVD inverse up 3% today!
NVDA staggering like a drunkard. Too many retail “investors” that completely misunderstand value, (or lack of).
How ironic that NVDA, AMZN and META all share the same chart today trending in tandem.
I always enjoy when an analyst makes a call AFTER a price movement. The market drops and he tells us the run may be over! Not to say that isn't possible, but it seems like it's bouncing back nicely.
It's all about the fundamentals.
NVDA/*NVD btw the mods here are badass!
I didn't say that it went up exactly the same percentage. I merely meant to say that it followed the market rise.
NVDA does have a higher beta (1.75), which indicates it is normal for it to go up more than the market it is on.
Following Nasdaq?
NVDA +4.4%
Nasdaq + 1.6%
Nice little two-day run. Following the Nasdaq up I see. Hopefully it continues.
Extended should be fun! LFG and FJB!
Good for you. It seems you put the time and effort in to manage your own finances and reap the benfits of such. Like you said, most people hand it off to a financial manager and get ripped off.
Port recovery of loss in April by 3% already as of this time today.
Many stocks, including Invidia, contributing in this positive up-move in the market.
April showers bring in flowers.
GLTA
PS: Nvda share price LOW POLE REVERSAL today, on 23-April-2024. It's good news!
It’s TOP heavy now. IMHO
Earnings being published by companies trading at many times their actual values and paint spilled all over the place, a little market relief rally today then… timber!
I’m activating defensive positions everywhere. Crushed the telecoms today (VZ/t I HATE them both).
Feeling like PSQ/NVD are ready to start building for the painful rest of the week in the markets.
Folks keep in mind, every day people blindly contribute to these inflated markets in pensions, 401K, traditional etc.
How many times have you heard, “oh I just let my broker handle it” or
“I dont have time to manage my savings”
Fools are always parting with money and companies are getting funded for what?
I dont feel guilty, I’m an OLD trader. I am the one who takes the fools money and personally wrecks some of the companies that don’t have any integrity. Yea, the telecoms are my bitches. I work them hard! Flip, flip, flip
GL all!
Last week was your turn to make $$. It seems like this week is favoring the bulls (at least so far). But the fundamentals here have not changed.
I believe we may see more volatility, especially if there is further escalation in the Middle East.
Keep your powder dry! Buying opportunities coming fast to a market near you. (Unless you build card houses)
*NVD 2X the inverse power!
I tode you boys Friday was a buying opportunity. WEEEEEEEEEE
SoftBank will reportedly invest nearly $1 billion in AI push, tapping Nvidia’s chips
PUBLISHED TUE, APR 23 20243:35 AM EDT
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Dylan Butts
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KEY POINTS
SoftBank will invest 150 billion yen ($960 million) to bolster its computing facilities by 2025 in preparation for development of its own generative AI.
In addition to working on a less advanced model, the company will start developing a world-class generative intelligence model as early as next year.
Is Nvidia the Next $6 Trillion Tech Giant? Legendary Investor Sees Massive Upside Potential.
Nvidia shareholders should be happy employees just got some move Nvidia stock
19h ago · By Will Ashworth, InvestorPlace Contributor
Nvidia (NVDA) might be the leader in AI, but it’s also brilliant about rewarding employees with more Nvidia stock.
All stakeholders win if it gets to $6 trillion.
It shouldn’t be challenging for Nvidia to recruit top talent in the years ahead.
Is This Elon Musk’s Favorite A.I. Stock?
Nvidia stock - Is Nvidia the Next $6 Trillion Tech Giant? Legendary Investor Sees Massive Upside Potential.
Source: Ascannio / Shutterstock.com
Nvidia stock (NASDAQ:NVDA) has been one of my favorite companies for some time despite the fact that I’m not a techie. The company’s recent move to reward employees with additional Nvidia stock is one more example of why CEO and co-founder Jensen Huang is one of America’s finest leaders.
On April 1, Nvidia stock started its annual employee performance reviews. In those meetings, employees were notified that they would receive a “Jensen special grant,” a 25% boost in (RSUs) restricted stock units given to employees when they joined the company.
Discover one tiny Maryland company poised to be the next Nvidia
The RSUs will vest over 24 quarters, with the first bunch (6.25%) issued in September. The company is said to be doing this to ensure employees benefit even if its share price falls in the years ahead.
If this doesn’t tell you what kind of leader Huang is, nothing will. It’s one more reason to own the company over the long haul.
Here’s why.
A $6 Trillion Company?
Retired Wharton professor Jeremy Siegel, best known for his book Stocks for the Long Run, recently provided some commentary about Nvidia as a Senior Economist for WisdomTree (NYSE:WT).
In his March 11 commentary, Siegel suggested that NVDA stock could be worth as much as $6 trillion in the future, given its status as a momentum investment.
“The big question for Nvidia, and tech more broadly, is: are we in a 1996-97-like hype cycle where these stocks are still going to get even crazier as we did 24 years ago during the internet mania? There’s no way to answer that question now,” Siegel wrote.
“There could be 2-3x more upside in Nvidia if it follows Cisco’s valuation path to its peak. To be clear—this is not my prediction of what will happen—just to note as to what is possible in a mega bubble.”
Brought to you by InvestorPlace
Stock Picking Legend’s #1 AI Pick of the Decade
Guys like Elon Musk, Mark Zuckerberg, Jeff Bezos are all making big moves into new AI tech as we speak.
But if you dig just a little bit beyond the headlines... you’ll see the real growth story is a tiny $3 AI stock at the heart of this $100 trillion wealth shift.
Click here to get the name and ticker symbol.
He says that in 2000, tech stocks were trading at 60x earnings. They’re about half that today, so an ongoing boom is more likely than a bust.
Talent Recruitment Should Remain High
Jensen Huang is smart. He knows that to continue reaping the rewards of a big bet on AI, B+Nvidia needs to continue recruiting top engineers and other talented tech people to keep the bus moving forward.
This 25% boost is akin to companies that become known for their special dividends. One special dividend might not attract the attention of most investors, but two or three in short order surely would.
The same applies to Nvidia’s Jensen special grant. The news of this extra benefit might get people’s attention for a few days or weeks, but the spotlight will fade. However, if it gives a second Jensen special grant in 2025, the word will get around that Nvidia’s the place to be if you want to be handsomely compensated for hard work.
Discover one tiny Maryland company poised to be the next Nvidia
As a result of Nvidia’s success, Jensen Huang is now the 20th wealthiest person in the world, with a net worth of $74.1 billion. It’s up by $30.1 billion in 2024 alone. His jump in wealth in 2024 is the second-highest, bested only by Mark Zuckerberg.
I have a friend who is quite wealthy and owns his own business. He didn’t want to rub it in with employees, so he drove to work in a beat-up Jeep, leaving his BMW at home to enjoy after work.
While not entirely the same idea, I’m sure Huang knows his good fortune and why it makes sense to spread it around. That’s Leadership 101.
In the Right Place at the Right Time?
Ultimately, while Huang has always been willing to make big bets on the future, he’s been able to execute these bets because of his employees. No leader of quality doesn’t believe this. It’s the only way to get from A to B successfully. To say that he’s enlightened would be an understatement.
“In the beginning, Nvidia sold these G.P.U.s to video gamers, but in 2006 Huang began marketing them to the supercomputing community as well. Then, in 2013, on the basis of promising research from the academic computer-science community, Huang bet Nvidia’s future on artificial intelligence,” The New Yorker’s Stephen Witt wrote in November 2023.
Discover one tiny Maryland company poised to be the next Nvidia
A decade later, Nvidia stock and its shareholders benefited greatly from his patient bet on AI.
There is no question this has little to do with luck but a passion for finding uses for microchips that will define tech’s future.
“I do everything I can not to go out of business,” Huang told Witt at Denny’s, where the CEO once worked as a dishwasher. “I do everything I can not to fail.”
What’s not to like?
Why the Magnificent 7's 'momentum is collapsing'
Josh Schafer 04/22/2024
The run may be over for the seven stocks that drove the lion's share of the stock market rally over the past year.
UBS Investment Bank's chief US equity strategist Jonathan Golub downgraded six of the "Magnificent Seven" stocks — Apple (AAPL), Alphabet (GOOGL, GOOG), Microsoft (MSFT), Amazon (AMZN), Meta (META), and Nvidia (NVDA) — from Overweight to Neutral in a new research note on Monday.
His call comes as the Magnificent Seven, which also includes Tesla (TSLA), just endured its largest weekly market cap loss in history. All seven of the Big Tech leaders are off their recent highs, a decline punctuated by a 10% single-day drawdown for Nvidia on Friday, its worst one-day price performance since March 2020.
Right.
Still I am the bearish bull based on the chart as trading momentum is not in bullish mode at this very time..
However, this does not mean tomorrow bullish traders may not try to score again while the Dailies and Weeklies both in sync in downtrend mode. It's a question of who will turn out as winner in the supply/demand dynamic in tomorrows' duel in the daily session. Nobody knows who will dominate in the very short time frame. We are still in the patch of quick sand at this time. It is not that important in the long term.
In the meantime, be a good boy and try to have some fun... and please stay out of trouble, ok?
Where is JJ8, the bearish bull? What does the crystal ball say for this week?
$NVDA Bulls coming back with vengeance ($5+ Million OTM Calls)
By: Cheddar Flow | April 22, 2024
• $NVDA Bulls coming back with vengeance ($5M+ OTM Calls)
Volume on these contracts has been increasing rapidly since midday Friday
These were executed above the ask, a sign of urgency
Read Full Story »»»
DiscoverGold
NVDA bouncing back today. Price action should be interesting from now until earnings, especially if there is more geo-political unrest.
No kidding, this whole thing is a trip!
Crushing some stupid greedy telecoms today!
Hip hip!! $$
We have heard a lot about the plunge protection team here, in the past few months. Where were they on Friday? Did they have the day off?
Exactly! Retail is NOT making money trading options. Experienced and skillful traders can make $$ on occasion , when the right opportunity is presented.
Friday was a buying opportunity. Take a seat, class is in session
The author of the article sounds very knowledgeable about stocks, the market, investments and trading.
The issue I have with the article is he keeps referring to options as an investment. Options "trading", is for advanced and skillful investors. In my opinion, options is trading and buy and hold is an investment.
So in other words, retail attempting to trade options is a recipe to lose $$ quick. Most options traders lose $$.
But to each their own. If one is comfortable and confident in trading options, it's a legal mechanism and another play option.
Had a good run
Sell and take your profits
It’s not all that
Investing.com - Nvidia (NASDAQ:NVDA) and Super Micro Computer (NASDAQ:SMCI) have been among the main beneficiaries from the boom in AI interest, but they should retain a heavy weighting in individual portfolios for some time to come, according to legendary investor Louis Navellier
At 11:05 ET (15:05 GMT), Nvidia stock traded around 2% lower and Super Micro down over 10%, as investors took profits after stellar gains, with the former up 75% year to date and the latter over 200% higher.
“I know some people like to take profits, and that's fine, but for the bulk of our portfolios, we're going to be holding these stocks for a long, long time, said Navellier, chairman and founder of Navellier&Associates, which manages approximately $1.0 billion in assets, in a note.
Essentially, the speed of Nvidia’s AI chips is expected to double every year, and by the end of the decade, Nvidia’s AI processing speed is expected to be 11,800% higher than today.
Additionally, Nvidia launched a cloud service for researchers to test out their quantum-computing software. The Nvidia Quantum (NASDAQ:QMCO) QMCO Cloud will first comprise a data center stacked with AI chips and systems that together simulate a quantum computer.
Nvidia Stock Looks Too Cheap Here - Put Premiums are Very High and Worth Shorting
Mark R. Hake, CFA - Barchart - Sun Apr 21, 12:39PM CDT
Nvidia Inc. (NVDA) stock has taken a tumble since the end of March but it looks too cheap now. Moreover, its put premiums are sky-high. This makes them worth shorting both for income and with low buy-in strike prices. That applies to out-of-the-money puts whose near-term premiums are at very high levels.
NVDA stock closed at $762 on Friday, April 12, 2024, down $188.02 or 19.8% since March 25 when it was at $950.02. Moreover, on Feb. 22, the day after it released earnings on Feb. 21, NVDA stock was at $785.38. However, that was up $110.66 or 16.4% from the day before earnings came out.
The point is that the market seems to think Nvidia will face harder times in its AI chip-designing business. The problem is that doesn't line up with analysts' revenue forecasts, and by inference, its free cash flow (FCF) estimates.
NVDA Stock Looks Cheap Here
I have discussed this in several Barchart articles such as this one on March 29, “Nvidia Stock Could Still Be Worth 26% More at $1,141 - Good for Short-Put Plays by NVDA Investors.” And before that I wrote this article on Feb. 25, “Nvidia Stock Could Be Worth 42% More at $1,120 - Put Short Sellers Find This Attractive.”
In these articles, I projected sales and free cash flow (FCF) for Nvidia for the next year or longer. Based on the company's massive 50% FCF margins, it's possible to project a significantly higher valuation for the stock.
For example, analysts project $111.56 billion in revenue for the year ending Jan. 2025 and $136.17 billion for next year. So, sometime in the next 12 months (NTM), Nvidia will be on an average revenue run rate of at least $123.87 billion.
Therefore, if Nvidia keeps making 50% FCF margins as it did last quarter, free cash flow will be at least $61.9 billion (i.e., 0.50 x $123.87 billion). Even if it averages just 45% FCF margins, FCF will rise to $55.7 billion, which is still over twice the $26.95 billion it made in FCF last year.
If the market values NVDA stock at a 2.5% FCF yield metric, which is the same as a 40x FCF multiple, the stock's value will be between $2,228 billion and $2,476 billion. This is estimated by multiplying the 45% and 50% FCF margin estimates (i.e., $55.7b and $61.9b) by 40. So, the average estimate for Nvidia's market cap over the next 12 months is $2.352 trillion and potentially as much as $2,476 billion.
That average value is still 23.66% higher than its existing $1.902 trillion market cap today with an upper value that is 30.1% higher. In other words, NVDA stock is worth at least $942 per share (i.e., 1.2366 x $762), and could be worth as much as $991 per share or more. And next year, that valuation could rise as well if the company continues to make higher revenue and FCF.
Shorting OTM Puts
Right now NVDA stock, having dropped so far and fast, has very high put option premiums. This makes them worth shorting both as an income play, especially for existing investors, and also as a good entry point for new NVDA stock buyers.
For example, look at the May 10 expiration period, which is 3 weeks away. It shows that the $725 strike price, which is almost 5% below the price on April 12, is trading for $21.10 per share. Moreover, even the $710 strike, which is over 6.8% below today's price, has a $16.65 premium on the bid side.
That means that any short sellers of these put options can make immediate yields of 2.91% (i.e., $21.10/$725.00) and 2.345% (i.e., $16.65/$710.00) over the next three weeks. These are very high yields and provide very good downside protection to the short sellers.
For example, even if the stock falls to $710 by May 10, the investor, who is obligated to use the cash that was secured to do the short sale, still has a profit, since their breakeven price would be $710-$16.65, or $693.35 per share. That represents an expected return (ER) of 2.40% before commissions (i.e., $710/$693.35-1).
And the $725 strike price investor knows that no matter what, even if the stock falls to the strike price, his breakeven price is $725-$21.10, or $$703.09. If the investor does not already own NVDA stock they may be happy to continue holding it here at this cheap buy-in price. That is because they can see that it could be worth substantially more over the next 12 months if the company keeps generating strong FCF margins.
Downside Risk
Nevertheless, even if NVDA keeps falling, possibly from strong competition concerns, the investor has ways to improve their situation. For one, look at this play. The investor could short the $725 strike price put option and buy the $710 put as a long investment. That means that, given that the breakeven for the short sale is $720.55 per share (-i.e., $725-$16.65+$21.10).
That leaves the investor exposed to just the width between $710 and $720.55 over the next 3 weeks. That may be deemed an acceptable risk, especially if NVDA rebounds, given its strong FCF. Moreover, by May 21 the company is likely to report its quarterly earnings, so they may not find it unacceptable to keep holding the shares that they were obligated to buy.
One technique to narrow this potential risk is to manage the long-term purchase. If the stock starts to rise, it makes sense to sell the puts as they lose value.
In addition, even if the puts are exercised at the $725 strike price, the investor can later sell out-of-the-money calls. For example, in last month's article, I recommended shorting the $880 puts for $25.50 expiring on April 19, for a breakeven buy-in price of $854.50. Those puts were likely exercised, and the investor now has an unrealized loss of $92.50, or -10.8%.
So now, they can sell call options at say $20.00 (see the May 10 call option expiry chain) for the $810 strike price. Even if those are exercised the net loss is just $830.00 (i.e., $810+$20.00) - $854.50, or -$25.54, which is now a loss of just 3.0% (i.e., $-25.54/$854.50). If this is repeated one more time in another 3 weeks, the investor can potentially recover that loss.
Moreover, if they continue to short OTM put options, the investor can lower their buy-in price and gain extra income. The bottom line is that NVDA stock looks very cheap here and shorting OTM puts is a good way to buy in at a low price and also gain income.
Do you really think it is shorting that caused this to drop? Perhaps, it is that the algorithmic trading, which is about 70% of the trades, switched from buy mode, to sell.
Shorting this, if there were buyers, would likely have little impact on the price action.
Manipulation - yes. It happens with all stocks. They let it run up and then retail jumps in to chase it and gets in on the buying frenzy - FOMO. Then they drop it fast, people get spooked and sell.
$NVDA WALL ST allows this fraud so a few big players can steal all your money.
— HAM (@HAMShortkiller) March 9, 2024
MILLIONS of investors wiped out. So a few players can get rich
since Feb 1988. https://t.co/lSXqtNw9om pic.twitter.com/n74XiK5QP1
Hmmm, I don't see the rest of the market down 22%?? Guess you ain't as smart as you though ehh bitch?
Post #8990 answers that question, which is your statement (Geez. Last time I looked, NVDA was on the Nasdaq, wasn’t it?)
As to not being able to trade the sp500 (your way of spinning sp500 isn't the general market), have you never heard of e-minis?? It's way past strike 3 but your still at the plate swinging and missin! Keep going champ, I'm sure a nice soft pitch will get thrown to you soon!
You still seem confused ndx is down 8% from it's high
NVDA is down 22% from it's high....... So how is Nvda following the market while it's LEADING?
Ps, do you really think I care that you dont like me? Typically pumpers don't like people that call BS on all their moon claims.
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http://www.nvidia.com
http://finance.yahoo.com/q/ks?s=NVDA
NVIDIA Corporation provides visual computing technologies designed to generate interactive graphics on consumer and professional computing devices
in the United States and internationally. It operates in four segments: Graphic Processing Unit (GPU), Media and Communications Processor (MCP),
Professional Solutions Business (PSB), and Consumer Products Business (CPB).
The GPU segment comprises products that support desktop and notebook personal computers, and plus memory products.
The MCP segment consists of NVIDIA nForce core logic and motherboard GPU products.
The PSB segment offers professional workstation products and other professional graphics products, including high-performance computing products.
The CPB segment provides mobile brands and products that support handheld personal media players, personal digital assistants, cellular phones,
and other handheld devices. This segment also licenses video game consoles and other digital consumer electronics devices.
The company markets its products to original equipment manufacturers, original design manufacturers, add-in-card manufacturers, system builders,
and consumer electronics companies. NVIDIA was founded in 1993 and is headquartered in Santa Clara, California.
<img data-cke-saved-src="http://stockcharts.com/c-sc/sc?s=nvda&p=D&yr=0&mn=4&dy=0&i=p31506003373&a=81927329&r=373"; src="http://stockcharts.com/c-sc/sc?s=nvda&p=D&yr=0&mn=4&dy=0&i=p31506003373&a=81927329&r=373"; >"="" alt="">
PER IHUB MGMT 02-07-2021 DISCLAIMER; JUST TO MAKE SOME THINGS CLEAR I AM NOT AH FINANCIAL ADVISIOR & NOT AH BROKER. I AM JUST AH REGULAR GENT DAT LIKES TO CHAT CHATTER ON MANY COMPANIES. SOME I OWN AH LOT I DON'T. SO NOT RESPONSIBLE ANYTHING I DISCRIBE. DA MICK. |
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