Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Hey George, it seems you forgot to press the bull button this time with your post, lol. GLTY
May be the PPT? What you thinketh? Not to worry. There is always hope.
NVDA looks like may be able to make today its 10th successively positive week. That would be an achievement for any stock. It is rare to find in share price charts. GLTA
Mind, oops keyboard problem, maybe?
what do say the PPT is doing and how. TIA.
Symbol NVDA
Last Quote 879.58
Change -29.84 (-3.28%)
Bid 878.66
Ask 879.06
High 906.46
Low 866.00
Volume 56,520,799
Time (ET) 3:59:17 PM
I agree with you to a large extent.
He is a poor communicator and often hostile when he is faced with serious questions of importance. Insensitively alienates millions of people who like him; behaves poorly with persons of importance in high positions of power and responsibility rather than make them friends to promote mutual respect and cooperation for his own good.
Probably sudden riches/power helped reveal his weakness and immaturity in relating with people at large. Though he knows how to motivate his workers to realize his plans. There is no doubt of his intelligence and genius in innovating and pioneering in business and industry.
Tesla share price is the worst performing stock in the Nasdaq today! However the cultish thinking may approach it as being "bullish". May be what falls down is flying when seen from upside down. C'est La Vie. Whatever makes anyone happy GLTA.
Momentum for NVDA, as measured by a 14-period Slow Stochastic Oscillator, is waning. This means that investors are less aggressive in their recent purchases and may even be taking profits in positions bought at lower prices. However, the chart remains in Uptrend mode at this time.
Today's volume is in-line with the norm for this point in the day, with 40,307,492 shares having traded so far. The On Balance Volume indicator (OBV) is bullish. The slope of the indicator is positive and suggests that buyers are presently more active than sellers as of 1:47 PM ET Thursday, 03/14/2024 There is no indication of dumping of shares and the charts show NVDA is in Uptrend mode. GLTA
Nvidia analyst: AI is 'critical'
"The GTC event was also on the minds of analysts from Bank of America Securities, who raised their price target on Nvidia to $1,100 from $925, while maintaining a buy rating on the stock.
AI is critical in countries developing tools to assist in applications such as cybersecurity, academic research, climate initiatives, and much more," the firm said in a research note.
PS: The NVDA Fundamentals is bright. The Charts are looking great. Furthermore, I think the interest and demand for NVDA shares appear also growing. More people are getting interested and want to know more about AI technology and the ways and how it could help improve world nations economies. I wouldn't be surprised if NVDA share price reaches $1,100 by the end of next week. Except some big geopolitical international event or a shocking domestic political/economic event unfolds out of the blue... causing turmoil and decline in the larger markets. We shall see. I remain open and optimistic. GLTA
Intel Loses Pentagon Funding, Shell Plans 20% Business Team Reduction, and Latest News
March 13 2024 - 07:02AM
IH Market News
Intel (NASDAQ:INTC) – The Pentagon has decided not to proceed with a plan to allocate up to $2.5 billion in chip subsidies to Intel, shifting the responsibility to another federal agency, the Department of Commerce, to cover the shortfall. This change could impact the total funding Intel expects to receive, generating controversy over the use of the Chips Act funds. Intel sought more than $10 billion in incentives and is now looking to cut operational costs and streamline its organization to boost investor returns.
Lmao. Good one!!! This is fun! Making money while portfolio is bulging... GLTY
I think that's likely where Tesla share price is heading... May be after lingering in the $160's for a while.
Tesla, the worst performing shares in my port, had a DOUBLE BOTTOM BREAKDOWN yesterday on 12-March-2024. Happy to have reduced Tesla shares in my port over the last 5 months. Replacing it with shares of nvda (plus 5 AI stocks), amzn, googl, and aapl. C'est La Vie. GLTA
Should NVDA share price hit and cross the $1000 level in a day or two this week, I plan to sell half of my shares.
I have five other AI stocks and 4 out of 5 are already positive in value at this time.
Thus, with the funds raised from NVDA sale , I could add more shares on these 5.
That would make it more interesting and exciting... the NVDA "experience", lol.
GLTA
There's the "beginners' luck" that appears in support of you. But if you think yourself not too lucky, then don't let the market know about it. The market is oblivious of what the posters think or do. GTLY anyway!
As NVDA share price continues it's rise unabashedly, it looks like this week may end up becoming the first successively positive 10-week period since the beginning of January 2023. We shall see. This is interesting. I haven't checked the past price record history before last year. GLTA
Hey, JOEHAB: Where are you? GLTY
Thank you, uksausage. That's good news. GLTY & GLTA
I see the AI as a turning point in the history of mankind, better than when the Printing Press machine was invented. The latter made possible to print books for mass education and the ability to look back in history and to learn enabling progress of humanoids from generation to generation.
Humans are slow to learn as it is a challenging task, costly, requiring basic intelligence and attention and curiosity besides energy, work and time. You are just part of the 8 billion of the humans. Unfortunately yet unaware to decern the big changes. C'est La Vie. GLTY
Oh wow... Tell us... What's it? TIA
Checking NVDA chart I see a HIGH POLE WARNING today on 11-March-2024.
This is expected and usual. A st adjustment given the situation at this time. The Dailies and Weeklies are in sync and still remain in UPTREND.
The picture good as of this time. GLTA
PS: Interestingly, the current picture appears quite comparable and similar to the one experienced last year beginning early in the year 2023 so far. Exciting!
I see the AI as a turning point in the history of mankind, better than when the Printing Press machine was invented. The latter made possible to print books for education and the ability to look back in history to learn enabling progress of humanoids from generation to generation. Humans are slow to learn as it is a challenging task, costly, requiring basic intelligence and attention and curiosity besides energy, work and time.
"VERSES AI's Active Inference Outperforms Deep Learning in Historic AI Industry Benchmark Test
Denise Holt
March 9, 2024
Active Inference: A Quantum Leap in Energy-Efficient, Explainable, and Adaptable AI. In the realm of artificial intelligence (AI), a paradigm shift is brewing, and VERSES AI is at the forefront of this revolution. The company’s innovative work in cognitive computing with Active Inference promises a groundbreaking advancement in the development of Intelligent Agents, offering a more energy-efficient, explainable, and adaptable approach to AI. This cutting-edge technology is poised to challenge the dominance of Deep Learning, the current cornerstone of AI, by harnessing the power of natural computing and the “genius of nature,” ushering in a framework for distributed intelligence on a global scale."
We are living in exciting, interesting times and I think a promising future if humans long for and desire a brighter and peaceful life. All the wisdom of the past history and experience will be accessible and available in cyberspace. A symbiosis of the internet and AI.
"The Palantir rally isn’t new at all. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio."
Some less discerning minds see it as being more "pump". What you see is what you get...
C'est La Vie.
GLTA
Checking the chart, I see NVDA share price is still in bullish mode after a drop of 5%-6%. As of this time, this has to be taken as a st correction. GLTA
I agree with you in general.
However, how high NVDA share price may go also depends on factors unrelated with NVDA - the impact of the larger market condition, geopolitics, domestic political challenges in USA, the economy as a whole, inflation, interest rate. etc.
Symbol NVDA
LastQuote 874.18
Change -52.51 (-5.67%)
Bid 873.66
Ask 874.23
High 974.00
Low 865.06
Volume 86,024,332
Time (ET) 1:55:02 PM
Did you sell some or all NVDA shares today? I sold part at $822 few days ago.
Doing well with your investment in Integrated Cannabis Solutions Inc.? GLTY
The current situation is far from Dot.com bubble and the market bust.
In 2000, there were several hundreds of dot.com companies in high dollar value that had been burning dollars for years and yet had shown no profit. Barron's listed them in one issue. The euphoria had spread and the market soared. I remember I made in one trade then ( in csco) netting $25,000 profits in a weeks time. That is fresh in the minds of older investors. Many small investors act like they are in a Casino in all markets. They don't have that power.
However, when things proceed too far in the chip market bad things may follow, as well.
Nvidia on cusp of overtaking Apple as second-most-valuable company
11:00 AM ET, 03/08/2024 - Reuters
By Medha Singh
March 8 (Reuters) - Nvidia is nipping at the heels of Apple to become the world's second-most-valuable company, as investors cannot get enough of the semiconductor maker whose chips power popular artificial intelligence tools such as ChatGPT.
An AI-induced jaw-dropping rally in Nvidia shares has taken the company's valuation from $1 trillion to more than $2 trillion in just nine months, overtaking Amazon.com, Google-parent Alphabet and Saudi Aramco on the way.
Nvidia's market capitalization currently hovers around $2.38 trillion, lagging Apple by just about $230 billion and Microsoft by about $645 billion.
The relentless rise in shares of Nvidia, which controls 80% of the high-end AI chip market, has been instrumental in pushing Wall Street to record levels this year, while giving the company a more than 5% weightage on the benchmark S&P 500 index.
Nvidia, which is up 95%, and Meta Platforms, which is up 46.6% so far this year, have also outperformed shares of other members of the so-called Magnificient 7, highlighting investors' insatiable appetite for everything AI.
"Nvidia's rally reflects the incredibly strong fundamentals underlying its current business model," said Richard Meckler, partner at Cherry Lane Investments, a family investment office in New Vernon, New Jersey.
"It is also finding strong speculative support as a favorite among long option buyers who have seen almost a straight upward climb throughout 2024."
Meanwhile, Apple, which is grappling with slowing iPhone sales, ceded its position as the most valuable U.S. company to Microsoft for the first time since 2021 in January.
In recent weeks, Nvidia also replaced Tesla as Wall Street's most traded stock by value.
The stock's 12-month forward price-to-earnings ratio of 36.6 is lower than where it was a year ago despite the stock's strong run as analysts raised its profit estimates.
By comparison, Intel's PE multiple is 30.24 and that of Philadelphia SE Semiconductor Index is 39.6, LSEG data showed.
"Nvidia is in fact the cheapest of the "AI narrative" stocks out there," said David Wagner, portfolio manager at Aptus Capital Advisors.
"We continue to believe that in five years or 10 years we will all be talking about an industry that is far larger than the numbers being bandied about today."
However, there are signs Nvidia stock is nearing a peak.
Over the next 12 months, Wall Street analysts' median target price implies Nvidia would trade at $850 per share, below the last closing price of $926, LSEG data showed.
"Of course, it is very difficult for any mega-cap stock's price to continue to grow at this pace as the law of large numbers eventually comes into play. But the stock price could remain at these levels if the company can continue to meet or exceed the high expectations of analysts," Cherry Lane's Meckler said.
(Reporting by Medha Singh in Bengaluru; Editing by Anil D'Silva)
Price still in "ASCENDING" mode.
How about a refresher pause (Pitstop?) 'bout $930? or for refueling?
We shall see. GLTA
WELLCOME TO THE BOARD.
ARE YOU RELATED TO POWER 11?
GOOD LUCK
Cathy Wood advises: Sell NVDA and buy PLTR now. What do you say?
georgjjl: I don't understand what's bullish in that news. Care to explain why you think it's bullish? GLTY
PLTR share price ASCENDING TRIPLE TOP BREAKOUT today on 6-March-2024. GLTA
Curious how is the PPT guidance working for you? May be you could give some tips? GLTY
NVDA share price ASCENDING TRIPLE TOP BREAKOUT today on 6-March-2024. GLTA
The chart not looking good. The Dailies and Weeklies in sync apparently in search for a bottom at this time. GLTA
PS: My NVDA and other 5 AI stock shares are doing fine to help balance the damage Tesla share price failure is causing to my stock portfolio.
Cathie Wood is interesting. After hearing her more than 5 years, she responds to the questioning media saying "the disruptive innovative change industries should be looked not at any year but only at least 5-year long terms... having in mind in 5 year periods ahead.
That is a standard response, that makes the period undefined because there is no such definite date but a check of statis in 5 year periods". There is no promise but saying the long term will usher the rewards. No date is known as the end of the disruptive change is too challenging and problematic therefore unknowable to even guess...
May be she she is hinting the 5 years as leading the unknown "long term" as being open ended, will be known only AFTER IT HAPPENS.
While in the meantime she and many others keep pushing Tesla share price will be valued per share in $2,000/3,000/5,000/10,000, etc. projections while making it sound like it's coming SOON.
Well in one sense she will be right and everybody will know it AFTER it happens sometime in the unknown date in the future... "cause these are exceptional disruptive innovations" that will change old traditional industries bringing in the new. The 5 years meaning "unknown" duration of time. Its hard to know as they are disruptive a myriad of challenges impossible to know in advance along the way. Big and drastic changes in any society like transformation of the transportation industry from ICE to EV.