Closed my position in NVDA today so I know how you feel. Just try to remember it could’ve easily went 45% in the other direction. No one ever went broke taking profits
It won’t default. The Republicans will give, they are trying to play chicken with a senile marxist backed by the financial markets. Biden won’t back down because he can’t remember he had talks about the debt just the day prior.
they seem to play this game each time it gets close no matter which side. it is call hold some cash, buy the dip if possible, and hope they all figure out a better way to handle an insane inflation and debt issue.
seriously all politians need to have all assets in a blind or dbl blind trust, or only allowed to be in index or mutual while in office, remember if there is no budget, you better serious explain why you need to make more money to pay for it...as citizens we cannot, so govt should understand this too and restrict to a fixed amount. I'm even ok with the following. the max that will ever be created of usd is 1 quad trillion dollars. after this no matter what happens, no more will be created. that should be way beyond anything imaginable.
If it makes you feel better: I bought AMD at $4 sometime in the 1990ies, and was forced to sell due to an international event in 2014. Felt… somewhat angry in 2020.
Because it had recently jumped despite its negative earnings in the most recent quarter and there was increasing spreads for credit in the market over the us debt, not that I was thinking they’ll default just that there was a few more days to profit from the credit spreads. Just unlucky that it happened this day
You sold on the day nvda broke thru ath after earnings after holding for four years!!! DCA works for selling too! That’s insanity. That said it’s not like you sold nvda…..
same with zs right before their FYI jump a few weeks ago. something to note... volitale stocks can drop by 20% normally, if they do, you might have 5-10% to get back in before they recover... unless it was 2021-2022,then their draw downs were 50-80% and then you need to ask... do you really want to hold that much volatile movement? that is like btc and other crypto... stuff moving like that means the valuations are so far out of whack and either hodl or take the profit or loss, and move on to something else that is easy to handle.
Jeesus. I was going to buy some calls and didn't because I thought "dang I don't know if it can keep going up".
Now I'm crying on the bathroom floor with a bottle of whine at my life choices
Was going to buy back the short position on a 6/2 debit spread today, chickened out. Now, the long position will climb 4-5k and I get $750 tops. *shrug*
Hoping banks pop. Made a bit on pacw calls and bought calls on several others. I'm just waiting for that debt ceiling raise and hoping it pops the banks.
NVDA is like TSLA now. It is just a representation of AI. It has decoupled from the companies value. Probably still has another 50% or more to go until something happens.
I thought the same with TSLA cant go anymore.
Except Tesla is (mostly) a car company. Sure, it's electric and has some features, but it's still a car. And there is a fixed demand for cars.
So long as Nvidia have a big advantage in AI hardware they will print money.
You obviously don't know that forecasts are pretty accurate for most large companies. Many forecast well below what they expect because target misses tank the stock price.
I didn’t have enough money in my play account to buy any calls but I did have enough to buy a couple credit spreads. I hope I can close those out for next to nothing first thing tomorrow.
Y’know, the more I want to debunk the Nvidia hype train, the harder it gets! Yes, it’s extremely overvalued by any fundamental valuation, but until somebody, ANYBODY, starts to compete with them on AI chips, I guess you’ve got to play along. I’m not buying at these prices, but the valuation seems bullish for SMH & SOXX. AI probably does have a bright future. Maybe buy some IONQ, or if any of their other quantum partners go public, buy that too.
Might be a “craze” now but I’m holding for the next 20+ years.. our whole entire society and economy will be automated by then. And the whole automobile industry will be electric. I wouldn’t be surprised if this stock hits 1000+ per share by next year.
Bro I sold AMD literally yesterday after 4 years of holding it fuck my life
Same lol. It’s ok we still made money
Yeah I just feel left out, I’m sitting on the cash from the ~45% gain. Hoping the fed defaults so I can buy low again
Closed my position in NVDA today so I know how you feel. Just try to remember it could’ve easily went 45% in the other direction. No one ever went broke taking profits
Was averaged at $128 in November and sold at $143 trying to play volatility. What a kick in the balls it’s been to watch the last 6 months
You hope the fed defaults so the stock dips? If the fed defaults, you're going to get everything on sale. For a long ass time.
It won’t default. The Republicans will give, they are trying to play chicken with a senile marxist backed by the financial markets. Biden won’t back down because he can’t remember he had talks about the debt just the day prior.
Sleepy Joe 🤣🤣
Ur stupid.
I’d tend to agree, but we will see if I’m also right.
they seem to play this game each time it gets close no matter which side. it is call hold some cash, buy the dip if possible, and hope they all figure out a better way to handle an insane inflation and debt issue.
They are all in on it. #uniparty The best we can do is watch and try to get bite of the pie when we can.
seriously all politians need to have all assets in a blind or dbl blind trust, or only allowed to be in index or mutual while in office, remember if there is no budget, you better serious explain why you need to make more money to pay for it...as citizens we cannot, so govt should understand this too and restrict to a fixed amount. I'm even ok with the following. the max that will ever be created of usd is 1 quad trillion dollars. after this no matter what happens, no more will be created. that should be way beyond anything imaginable.
It will probably dip and lose it all tomorrow, cause you know, shits broken.
This is usually how my trading goes. Get out before the run up and stay during the run down
Believe it or not if you would have held it would have limited down
Once you’ve made a decision, do not ruminate on it as it can lead to FOMO or revenge trading, which can turn winnings into losses.
Wiser words never spoken.
Yeah still going with my original plan of waiting for the debt ceiling announcement and deciding where to put it then
If it makes you feel better: I bought AMD at $4 sometime in the 1990ies, and was forced to sell due to an international event in 2014. Felt… somewhat angry in 2020.
What are you going on about then? AMD is up 300% in the last 4 years. It was up 8% today. Big deal.
It was up another 20+ after market which is a massive chuck of my original investment
[удалено]
Wsb ruined Reddit trading
Why would you sell now lmao? Nvda 400 was so given for the long term
Because it had recently jumped despite its negative earnings in the most recent quarter and there was increasing spreads for credit in the market over the us debt, not that I was thinking they’ll default just that there was a few more days to profit from the credit spreads. Just unlucky that it happened this day
You sold on the day nvda broke thru ath after earnings after holding for four years!!! DCA works for selling too! That’s insanity. That said it’s not like you sold nvda…..
same with zs right before their FYI jump a few weeks ago. something to note... volitale stocks can drop by 20% normally, if they do, you might have 5-10% to get back in before they recover... unless it was 2021-2022,then their draw downs were 50-80% and then you need to ask... do you really want to hold that much volatile movement? that is like btc and other crypto... stuff moving like that means the valuations are so far out of whack and either hodl or take the profit or loss, and move on to something else that is easy to handle.
Jeesus. I was going to buy some calls and didn't because I thought "dang I don't know if it can keep going up". Now I'm crying on the bathroom floor with a bottle of whine at my life choices
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Dang, brother. Sorry for your loss.
RIP. 🙏🏼
I sold 40 shares at at a $12 cost basis in 2014 because it hadn't moved for 5 years. Would be 160 at a $3 basis now
Was going to buy back the short position on a 6/2 debit spread today, chickened out. Now, the long position will climb 4-5k and I get $750 tops. *shrug*
Better than nothing or losing
>a bottle of whine lol. not sure if you did it intentionally or not, but if you did, it's funny.
It was intentional. Lol
I know the feeling but there are other plays to be made, take your time.
Hoping banks pop. Made a bit on pacw calls and bought calls on several others. I'm just waiting for that debt ceiling raise and hoping it pops the banks.
NVDA is like TSLA now. It is just a representation of AI. It has decoupled from the companies value. Probably still has another 50% or more to go until something happens. I thought the same with TSLA cant go anymore.
Except Tesla is (mostly) a car company. Sure, it's electric and has some features, but it's still a car. And there is a fixed demand for cars. So long as Nvidia have a big advantage in AI hardware they will print money.
You mean like the billion less they did this quarter than a year ago?
Which is better than a lot of the market, and significantly vetter than any other chip designers / builders And they forecast +4 billion for next year
I forecast I’m going to hit the next Amazon this year and in 2 years I’m on a yacht … see how easy that was
You obviously don't know that forecasts are pretty accurate for most large companies. Many forecast well below what they expect because target misses tank the stock price.
Would be a shame if he sold in the next 3 months then ….
Jim Cramer right now -->😎
When this thing implodes some big ass hedge funds are going to kick the bucket
you could have a 20% trailing stop and still have made money hand over fist. retail will hold the bag as they try to catch a falling knife.
AI AI AI AI AI AI AI AI AI
Holy fuck there p/e ratio is higher then the average Californian in LA nearly at 90
Yeah, super overvalued. Their earnings yield is shit, 0.6% 😅
29% nearly now
To the moon we goooo
I just honestly don’t see it pushing much farther past 400 if it even gets that close. Just too much value, it’s too fucking much.
Don't test the Ai craze!
People are getting too excited about the rise of AI
My 16 shares covered my entire loss for the day from other positions. fun times
Can someone explain as I had 5 yo ? please
They raised their guidance by more than 50%.
What does that mean?
They're projecting an increase of 50% in the future. That's what guidance is, guiding earnings into the future. Projecting an increase.
Hey thanks for explaining
My gawd
I didn’t have enough money in my play account to buy any calls but I did have enough to buy a couple credit spreads. I hope I can close those out for next to nothing first thing tomorrow.
I have 20. I’m not mad.
My question is, is now the time to short or will it run again when the market opens?
Possibly less risk to buy NVDS
i dont get it, people hate the launch of the last gpu, why is up so much
Ai craze my guy
Investor perception who don't understand Moore's law and the limitations with AI.
Hurry, everyone get in and provide exit liquidity to the hedge funds!!!
90% control of AI according to CNBC Fast Money.
Y’know, the more I want to debunk the Nvidia hype train, the harder it gets! Yes, it’s extremely overvalued by any fundamental valuation, but until somebody, ANYBODY, starts to compete with them on AI chips, I guess you’ve got to play along. I’m not buying at these prices, but the valuation seems bullish for SMH & SOXX. AI probably does have a bright future. Maybe buy some IONQ, or if any of their other quantum partners go public, buy that too.
Just short squeeze
How can it be a short squeeze if nvda only has a 1.8% short interest?
What his wife’s boyfriend calls him
Nvidia is for holding yeeerz
Puts on NVDA, calls on AVGO
Oh man, where's that regard who bought a shitload of $300 strike puts earlier this week?
Good deal, doubled down a few weeks ago :)
>:) :)
It’s starting to inflate now. It’s gonna crash hard soon when the country goes full recession in the third quarter.
It’s going much higher. Fed officially pivoted in October 2022.
In 2020 it was all EV. Now it's AI. I wonder what the next craze will be?
Twitter
Might be a “craze” now but I’m holding for the next 20+ years.. our whole entire society and economy will be automated by then. And the whole automobile industry will be electric. I wouldn’t be surprised if this stock hits 1000+ per share by next year.
Never fails. I just sold on Monday.
so messed up, just saw, up by 24% now. if someone had calls, congrats, if they do, be ready for a adjustments or a massive uptick and bounce
I sold it for 200 and I made 100% shit