NVIDIA Corp (NVDA)

[Plegee]

After yesterday's major hit, was hoping the upbeat futures this morning would get us a quarter of our losses back; instead we are down significantly yet again in pre-market. Though no specific NVDA news, industry related headlines include: AMD earnings miss, Death Cross for semiconductor industry, Texas Instr says demand is slowing, NASDAQ crash prediction . . . among a host of similar headlines.

Hopefully the worst will be over soon, but it looks still premature to be buying additional shares at this point. Hopefully $180 will be the absolute line in the sand, it looks to be a very strong support base. Good call Danny on your $200 target, I was hoping $235 was going to hold at the time. Though this has been extremely painful, I am holding and will hopefully be buying once a bottom is established. We need the general market to stabilize first; a continued downtrend will be ruinous. TSLA earnings helped, we need other big boys to step it up as well. AMZN will be critical tonight. Good luck all.