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Not that you are incorrect, but this is purposeful. They undwrstand the power of the media and use it as a tool to persuade or feed (mis)information. This is all part of the agenda.
Look at the CEOs of Hertz. Clealry woke and all in on tje agenda and purchased a fleet of EVs. Now he has to realize they have low to almost no resale value, which destroys their business model. But he did it anyway. Lost his job after two years, but surely gets a golden parachute (severance package etc.)
Boeing the same thing. CEO all in on social justice promoting folks based on underserved group status rather than merit. So doors and wheels fall off planes. They changed the bonis structure to incentivize these type of promotions, knowing full well that safety would suffer. They just don't care. Now that is scary when it comes to critical items like airplanes.
I believe META is using AI to replace employees, hence the numerous layoffs.
You are correct in that the initial AI rollout has been riddled with woke sentiment. However, the technology won't be abandoned. They will continue to refine and adapt it.
I have a feeling they will try to pull this down or keep it down on Monday. Then it shoots up after hours. The remainder of the month may depend on what trajectory is laid out at the GTC.
April may be a slow growth month.
May should see some more upward trend, as earnings should be reported again.
No doubt, one can make $$ trading this. However, a buy and hold strategy, after a dip, will likely yield nice gains, as this will be higher, almost every month.
These days the markets are not as simple and straightforward. There are many factors that impact the market, seen and unseen.
No doubt geo political forces, wars, pandemics, courts, public sentiment and many other factors impact a stock.
However, there is also a lot of manipulation behind the scenes, from various sources. Knowing what those are, their motivations and agenda is quite helpful. These are the factors that don't make it into the charts, yet may have the greatest effect on a stock.
Yes, they may pull it down Monday, to blunt the spike that should come after hours.
If you are looking for crypto picks, youre too late, that was last week.
Next week, L4BC will be back and providing winning lotto numbers.
Stay tuned.
No worries. They pull it down before the close to scare people into selling before the next leg up next week.
But at least they made $.15.
The short interest is awfully quiet today, and probably even quieter on Monday.
Shorting this or taking the inverse position is like bending over to pick up nickels and pennies on a train track, with a speeding train approaching. You might make a few coins, but at great peril.
Get on the right side of this trade and make some $$.
Exactly! This is all about earnings. The GTC conference will be the next push up.
This will continue to trend higher. Maybe there will be a month in between where it slows, but in 6 months it will be higher than today.
Shorts will get crushed with this stock.
Charts are a useful tool, but really don't work well on an explosive stock like this.
Goldman Sachs saying no bubble here? The price is based on earnings.
This has not been a short fast parabolic rise - it has been a slow and steady rise for more than a year.
L4BC has directed his loyal flock of followers into crypto and phone plays. He checks in here from time to time to pump his new stock plays.
Haven't seen much of him lately, as a few posters kind of roughed him up here on the board.
Clearly, he does not like being questioned or challenged on any issues.
The breakout should come on Monday.
Male some $$ while you can. This will likely spike next week. April is usually a slow month, but May will likely see more strong increases.
Not cutting rates or a slight increase would be the responsible move for long term economic stability.
However, its an election year. Will this administration trade long term economic stability at the expense of juicing the economy, right before the election, even if it is not justified to cut rates?
My bet is they cut rates no matter what.
I have been around the block so many times...now I own the block!
I have been around the block a few times as well - and each time I pass start I collect $$.
I believe Pepeoil predicts a happy ending.
When they all show up at once, these clowns are paid by hedge funds to post nonsense and drive the price down.
It will have little effect.
I believe you are correct about the global economy, recession and inflation. No doubt the governments are not giving the real numbers when it comes to this stuff. Trying to make everything look great for an election year.
However, governments and big corporations are buying up these chips, and are in an AI race. The big corporations are using the chips to replace employees and boost profits.
This won't go on forever, but at the moment, there seems to be a boom in this industry.
So what you are saying is that you are late tp the dance? Most of us here got in at $500 or less and rode it up.
Chance of a repeat of that act is very slim. If NVDA somehow dropped back to $500, I would say the star has lost its shine.
If you want in, just wait for a retraction after a run, and jump on board.
Good luck to you.
It may retract to $500, after a 3/1 split. Otherwise, you are dreaming.
If you really beleive that, open a short position now. The rest of us here need the increase in share price, when you are forced to cover.
It should continue to creep up until the GPT conference, and then maybe get a 6%-8% bump up after that.
Definitely some money can be made on the swings, playing the volatility.
I hope you held on to it.
If I was playing the inverse here, I would wait for this to spike, after the GPT conference, then maybe its drops a little after another run up.
Good luck.
Hope u made your 10% and jumped out. Maybe jump back in after each spike, because this is going higher.
Good luck!
The PPT team still sleeping, or they don't start work until 9:30am?
Brother? Most likely twins!
I'm doing just fine. Hopefully, you cashed in on the retraction.
I still beleive this will be up by next week. It cant go straight up everyday.
Or if Power11 shorts it, then maybe it will drop. ;)
The PPT, cooperating CEOs of industry and other forces will keep this market, and especially the darling NVDA, propped up through the election cycle.
If you believe it is going to $300-$400 range, then short it.
Then we will revisit the issue in 3-6 months and talk you off the ledge when you are in bankruptcy court.
Exactly!!! These predictions of $300-$400 range are absurd. These guys obviously ignore everything going on with NVDA.
Did they predict corrections for any of last year's 239% run up?
Even a broken clock is correct twice per day.
The slight retraction has nothing to do with inhibiting a split. Its trading in the $800-$1000 range, so a split is very likely.
People are over thinking this. A stock can't go up every single day. A slight dip. Not a big deal.
It was up about 90%, 9 weeks into 2024.
This is going higher.
Absolutely. Friday was a shake out of the weak hands. Drop the price, scare retail, scoop up the cheap shares and then the run up continues.
The slight retraction was to grab shares from those who entered at a high level, chasing the spike, rather than being patient and waiting for a pullback.
It's a really simple plan. If you bought in at a much lower price, just hold on and go for the ride.
This is going higher.
I think we are in agreement again. If Im wrong, it may be to the upside at $1600.
For the past few months, most of the same folks have been on the NVDA. Not everyone agrees and everyone has their own opinions. This is good as we can all consider what others are saying and perhaps learn something from each other.
However, when a string of new names all show up at the same time, preaching doom and gloom and the stock happens to take a hit that day - there is an agenda.
Unless someone dumped their life savings into the stock Friday, chasing the peak, really nothing to worry about. Most folks here got in under $500, and some below that.
Like you said - higher highs and higher lows. Thats a great sign.
By the end of March this will be higher than the end of February. Thats really all that matters.
One can not expect 30%+ returns every month. But at these prices, even a 5%-15% return per month is huge.
Good luck with your trading!
No doubt, AI will lead to many things, but not so sure about a "brighter and peaceful future".
Companies will utilize AI, and lay off many workers.
Many innovations come from military research, as every country tries to maintain an edge. AI will definitely be used by military forces around the world, to gain an edge over adversaries.
Although, there will be positive uses for AI, one can't forget that many things that are initially designed for positive and constructive uses, ultimately are used in a destructive manner.
Hahaha. You may have, but I have said it a few times before. Just adding to the manipulation debate/comments and the election year happens to be part of the manipulation.
I didnt realize there was a monopoly on opinions! 😁
Looks like we agree on this one!!