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Perhaps. But Israel is not a paper tiger, and they surely will respond with more force, thereby escalating and perpetuating more violence in the region.
In general, that tends to spook markets. But hopefully the markets stabilize and the upward trend continues.
But not for the geo-political concerns on Friday, I believe NVDA would have gone to $940 range, on the recent catalyst/new ventures.
I think you are on the right side of this equation. Good luck to you.
No doubt NVDA's trajectory is up from here, as they have many new items coming to market.
However, what are your thoughts on geo political events impacting or hindering that upward trajectory, for NVDA and the broader markets?
The bullish bear is still awake at this hour! :)
Clearly you did not read what I wrote. I was not referencing the $6 billion that you mention. What I specifically pointed out was the lifting of sanctions, which involved way more than $6 billion.
Biden removed sanctions on Iran, thereby allowing them to sell oil and make billions $$. Why remove sanctions against a state that sponsors terrorism? We all know what that $$ is used for.
Doesn't seem so moronic now. Iran attacked Israel, after the US president told them "don't". No fear because they know he won't act.
This administration lifted sanctions on Iran allowing them to sell their oil, which gave them $$ to build an arsenal and launch attacks like this. They also gave them $$.
Reading comprehension my friend.
The charts predict it should continue to increase, and hopefully that happens. But charts can not completely account for geo political unrest. By the time that shows up on the charts, it's too late.
The charts are a great tool and very helpful at times. That is what should happen and likely will continue to climb toward $1150.
Just not sure the charts factor in geo political disruptions and what that can do to the markets in general, as well as NVDA.
Of course you are entitled to your opinion. However, this administration has given billions $$ to Iran. What do you think Iran does with that $$? They don't feed the poor or elderly with it. Those funds are used to support Hamas and to build weapons.
The administration publicly chastised Netanyahu for his intentions to continue the ground assault. That projects to Iran that we may not support Israel, since the administration is unhappy with how Israel is proceeding.
The proper way to handle that would have been to discuss it privately between the administration and Netanyahu, not publicly broadcast the lack of support. That only invites more violence from Iran, into the conflict.
What should have been a great catalyst, got lost in the news cycle today.
No backhands from this administration. They are in bed with Iran and funding a lot of the mayhem.
Profits are profits. Take them while you can. A lot of volatility in the markets.
So did you time it just right? Bought in at the peak yesterday?
$1134 price target is in the range that a few respected analysts have called for at $1100-$1200.
Observing today's price action, it may be sooner than later.
Factor in earnings, at the end of May and a possible stock split after that. This could be $1400 by the summertime.
He's busy working his 2nd job at McDonalds before they cut staffing due to the hike in minimum wage.
It's ok to disagree, as you are the Bullish Bear (today).
Although, charting can be helpful, it does not account for everything. I trade and invest based off of information I gleen from observing the total picture and add those additional factors into my calculations and decision making. That approach has served me well.
Many top professionals in the financial field also believe a recession is coming. The government overstimulated the economy, with too much free $$, stimulus checks etc., when it was not needed. This will cause inflation.
There are multiple wars raging and oil refineries are being attacked inside Russia now. All of this will lead to higher oil prices and more inflation.
This will necessitate the raising of interest rates. But the administration does not want that, prior to an election, because the voters will feel the pain. So the delay of implementing rate increases will further compound the issue of inflation, necessitating larger and more frequent interest rate increases. This will pull the stock market down and real estate will follow it.
The administration, in combination with the Fed and many corporate CEOs, is keeping the economy propped up (manipulation) through the election cycle, to make it appear that bidenomics is working. It is not. Just a matter of time before we see the results of the many disastrous policies.
Yes, that makes sense. You can make $$ after each pop and eventual bleed off.
Can also make $$ 2x long with NVDL. Make $$ on the way up, which there seems to be more opportunities for that, at the moment.
Good luck to you.
NVD (the inverse 2x) down about 15% in the last 3 days. That doesn't look very good.
I agree with you that the economy is hanging by a thread. But it will continue to be manipulated through the election cycle.
After that, who knows. The house of cards may come tumbling down.
Until then, I will keep making profits here. After the election, I may join you and profit on the way down. It will all come down, it's just a matter of when.
And when it hits $1100, by June, they will raise the price target to $1300-$1400. These analysts like to play it safe, and not go out on a limb with the predictions.
So far, most of the analysts have been playing catch up, with the real prices, as they make predictions which are quickly eclipsed.
The shorts here are like a hit and run accident. Every time the price goes up, they are gone in a flash.
They reappear on an occasional down day, pretending that they timed it just right. Then they disappear again and spend their earnings on a Big Mac combo meal.
Perhaps it's your positive comments moving this today! :)
Amazing, but the shorts disappeared again. Where do they hide?
So you have switched from long to short now?
She already dumped a lot of NVDA before the big run up. So she already made an error.
Perhaps she will do well with her other investments. However, she made $$ by getting into NVDA early. She likes to identify stocks that are low with a potential to run.
On oçcasion she gets out too early, but seems to make $$ on the way up and doesnt stick around too long.
There you have it: the bullish bear has spoken...or is it the bearish bull today? :)
So did you time it just right and short today?
Let's see where we are in June or July. My bet is we will be higher than we are now. For me, this is a marathon, not a sprint.
Absolutely. It will be up when NVDA is down. A good day for you guys. Make your profits while you can.
The government will use the markets being down as a pretext to lower rates before the election. As a result, the markets will shoot up again.
There is $$ to be made in multiple plays here. Just have to choose which play suits you.
Not a surprise to me. I said the other day that it would likely drift down. Still way above where I bought it
It's possible that it could trade sideways until next earnings. Then when they beat earnings again, announce new products and joint ventures, everyone piles in.
Like you said, it will be interesting. I hope it is as profitable as it is interesting.
I did the same. It finally filled a longstanding buy order. Not much of a loss if it tanks. Definitely more upside potential here.
It may drift down a little for the month of April. But the next catalyst will send it higher. Every month can not be huge increases.
JJ8 we will call you the bullish bear! Always right down the middle, with maybe a foot over the line in either direction.
It's amazing how the pharmaceutical industry operates. It's doctors who prescribe drugs, yet the advertising is aimed at the patients.
So patients visit their doctors and request certain prescription drugs they have seen advertised. The doctors then prescribe these drugs in an effort to keep patients happy, and receive high scores on their feedback surveys.
Drugs that are advertised on TV also always include a list of side effects, some of which may be worse than the disease they are intended to treat. However, some drug companies have gotten smart and use that as a backdoor way of advertising and increasing sales. Some drugs advertise the side effects as "weight loss". So lots of people want to lose weight and request those drugs hoping for the side effects and may not even need the actual treatment the drug is designed for.
Is this how medicine should be practiced? It seems to be all about increasing sales these days.
Interesting article. Thank you for sharing it.
The fact that the Fed initially missed that inflation was coming and then mischaracterized it as transitory, does point to manipulation. As the article correctly points out - the methodology for computing inflation has been changed or tinkered with, in recent years. Just another attempt to make it look like inflation is low, when it is not.
Then Powell projects there will be rate cuts, when inflation is not at 2%. No doubt the Fed is delving into politics. So if that is happening, one must adjust their trading and investment strategies to account for this.
When the prior administration had a booming economy, with no inflation, the Fed raised rates in an attempt to hamstring the economy, when it was completely unnecessary.
Then they pump too much stimulus into the economy, thereby effectively creating more inflation.
In my opinion, they still may cut rates in the summer, to boost the economy. This will result in a short term financial boom at the expense of long term financial stability. They don't care about long term financial stability, especially if they believe they won't win the next election. They want to hand the next administration a recession/depression to slow down implementation of policies they do not agree with.
It will be interesting to see how it works out, but so far, it seems the Fed is very politically active based on their recent past performance as well as recent decisions.
But if one understands where these decisions are coming from - all you can do is try to profit from it.
Good luck to you!
Hope the shorts had their fun yesterday. This is headed back up.
Yesterday was a market decline, not an NVDA bubble.
Good luck to you as well. Just joking around with you!
Warnings and predictions need to be posted before price movements!
As long as they dont try to relaunch Bowie World, we should be ok.
Sounds like something good in the works. New Board Members don't join companies that are about to go under.
JJ8, it is helpful to let us know when the selloff is coming, not announce it after it happens!! ;)
It didn't open between $850-$870 today, but it sure closed within that range.
The administration will use a few down days as a reason to cut rates and supercharge the markets.
You're right. Other metrics predict future performance - extreme demand for the product, it's an election year, and the administration will keep the markets propped up.
It's just a matter of time before it goes down. The question is how much time?
Until then, I will keep profiting at an amazing rate.