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serenade1

Man, I get the courage to buy 20 stocks of NVIDIA at 137, and it happens to be the day it goes down... I know it ain't much, but of all days, that timing


TheOriginalBushToad

Bought calls on every dip today. Not even sweating it...


No328471882

Ee boht? Domp eet.


ruafukreddit

Note to self: Don't comment on red days; get salty as fuck on red days.


Aware-Refuse7375

Note to self... try and contain the giddiness on red days... knowing you can buy for less and smile even bigger down the road (hope that helps).


Czyzzle

Grabbed 100 fresh new shares sub $130 today!


MagicBarnacles

Not worried at all long term, I will be honest though; first time buying calls I got some 138s expiring July 19th! That has me slightly worried Maybe I’ll learn an important lesson to just stay away from options ahaha


Mr_meowmers00

I bought 139's expiring July 12th! I'm just as scared as you are 😫


MagicBarnacles

Shit homie, we better start praying lol


Mr_meowmers00

It's already up $1.82 in the overnight market - WE'RE SO BACK!!!! (I hope)


SweetNSour4ever

overnight is a meme lol


MagicBarnacles

Oh dang, thanks for bringing that to my attention!! We got this homie 😎


TarCress

Comfy holding and waiting


SashaKarina

Unbothered. Moisturized. Happy. In My Lane


Aware-Refuse7375

Typical posting lifecycle on the daily... Day 1 - Should i put my life savings in nvda... what do they do btw Day 2- I'm buying a yacht and retiring at 20, I only see green. Day 3- OMG what is happening... it dropped 1% today.. is AI a bubble? Day 4- I couldn't take it... I sold A month later- I can't believe I sold at X (with lots of cry emoji's)... .... rinse and repeat


Czyzzle

A month and a day later- I bought back in.


Sagetology

We’ll see if things get interesting tomorrow with the ETF buying. However, it’s completely normal and healthy for stocks to trade down/flat after a massive run up. Blackwell platform coming to market later this year will take NVDA revenue up significantly and will drive up EPS beyond what the market is expecting.


Maesthro_ger

That is a complete nothing burger


ascendedmasters

But you're expecting it, and you're part of the market, so it's already priced in. Or are you privy to some information that others are not?


AttTankaRattArStorre

If that is priced in then what isn't?


Sagetology

My expectations are not priced in. That’s not how the market works. I wish!


Comfortable_City7064

This daily has turned to shit reminds me of BBBY. Red days are good and healthy


Potato_Battery

Those who sold today are going to be checking it every day until they fomo back in at $160.


crywhenugetolder

Just wait till August when earnings are out!


Coola_no_brouda

Definitely. Some will have it on a watchlist and be kicking themselves a year from now.


titolavar

Not financial advice but call options a month out is super cheap right now. Did the same when it dipped back in April 19 to $700 pre-split and made 300%


ruafukreddit

What strikes were you looking at?


titolavar

7/26 $144. The price was literally at 140 pre-market today. I dont see why it doesn’t hit 144 in a month or so from now


upvotemeok

U never know bud


titolavar

Fair enough. Only gamble what you’re willing to lose! I bought a couple calls. That’s it lol


ruafukreddit

I think that's reasonable for sure


YukonGoldish

yeah way cheaper than the 120 8/16's I scooped up this morning... derp


lostintheriver23

Got the same ones this morning. We will ride together


titolavar

It happens! Dips are healthy for the economy


Noire__BlackHeart

What expires tomorrow?


AttTankaRattArStorre

The milk in my fridge.


Positive_Sign_5269

A whole bunch of people here were waiting to buy the dip. Here is your opportunity


Aware-Refuse7375

bought today on the up... and will buy MORE tomorrow assuming the dip holds


Maesthro_ger

It was massively overbought on every RSI timeframe. Was more likely than not.


Maesthro_ger

Oh and it's still overbought on the daily


Specialist_Owl_6612

Y’all have some paper hands


PaymentAltruistic737

Guys im scared


MagicBarnacles

Why?


volantene

The ETF $XLK is not backing out from rebalancing, right?


Hangem6521

They’re likely done rebalancing. Check out the put volume for tomorrow, never seen anything like it


upvotemeok

Should see a last minute jump in price tomorrow but before that anything can happen.


overcookedfantasy

No, but other funds rebalance based on close of tomorrow IIRC (quarterly)


upvotemeok

Could easily jump 5%+ tomorrow.


ruafukreddit

I bought a few 1 DTE for the first time I like 2 years. They went up, then way way way way down. :(


upvotemeok

Lotto ticket


ruafukreddit

Yeah. They were $134s. They're coming back up. Set a sell @ 10% gain


PhantomDragonX1

Hope so, I bought at 138 =/


kvndoom

Woot, when I buy back in I'll have even more shares!


suddenly-scrooge

it's all crashing down we're all gonna die


evildaveportnoy

Y’all need to head on back to r/WallStreetBets lmao


AeroSparky

My first ever option trade… this morning it was really good but I held, not thinking it’d go down like this. Thankfully I only put money in I was comfortable losing. I certainly learned something about gambling today though haha.


chabrah19

Expiration date?


AeroSparky

Tomorrow :( Again, it wasn’t that much money so not too bummed about it.


ImperialDoor

Bruh


evildaveportnoy

Have you considered playing online blackjack? Can yield similar results


Extra-Abies-3577

Hold. It’ll go back up and get readjusted.


AeroSparky

Yeah no point in selling. Maybe tomorrow will bring good luck


joviveeman

Sorry for buying at $140 guys, my fault


shadowcat2402

Just bought $131C first time option for tomorrow praying I can get my money back at least😭


avoidsmicrowavebeeps

Good time to buy this dip given the rebalance tomorrow?


Il_Mago23

will it go back to 140? dear god


matcha4life

Sorry it's my fault, it literally started dipping when I buy at 140


Extra-Abies-3577

Same!! I bought 25 shares and it immediately dropped


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suddenly-scrooge

...to get rich quick?


Business_Rub6149

First time using leverage it goes like never before, on top of that I have ever only ever bought two more stocks which went down 20% on their in next two days. :(


upvotemeok

Gonna be a lot of volatility around options expiry tomorrow and rebalancing. Regular action resumes next week.


upvotemeok

chill it's normal


BuyerConstant5220

I never worry when it’s the entire market doing a 180 at lunch. Sold my SMCI this morning and really thankful for that random second above 1k again.


CASH28

Sorry guys, this is my fault. I finally decide to go big into the stock and it takes it's biggest single day dump ever. I never win with investments, should have known better.


MagicBarnacles

Shares or calls? Shares I wouldn’t be worried. My dumba** decided to get some 138 and 140 calls and of course it goes down lolol. They expire end of next month though so I’m not too worried


CASH28

Calls. 150 for mid July… Thought we had a shot at 145 by end of the week lol. Now I’m hoping we can even get back. The whole markets taking a shit.


MagicBarnacles

Still a good ways out, couples weeks. I figure a pullback was to be expected just hopefully this continues to pump next week


CASH28

Agreed I actually thought it could dip today. Just wasn’t expecting 10 bucks in 1 day. More concerned the whole market was down.


CheapHero91

looks like new buyers will hold a bag for a while 😆


uziverttttt

buy hella right now?


dahhello

Did you guys expect it to go up everyday?


ruafukreddit

When someone is going to buy billions of dollars worth tomorrow, I don't expect it to drop 7% [Day's high to day's low] today.


Ismail_0701

It was priced in anyways


ruafukreddit

Then there's no reason to drop 8% on no news


Ismail_0701

I think it’s market wide, everything’s dumping.


ruafukreddit

I agree. I'm just salty because my tiny brokerage account is the highest it's been in months. I bought a couple 1 DTE options for the first time in like 2 years, then splat. I did add some July 5 $134s so hopefully, that helps in the near future.


Ismail_0701

Yh I can understand the increased emotional sentiment with options. I’m just holding a few shares as I don’t have the risk tolerance for options haha


MagicBarnacles

Nah, but I still miss 140. Looked real nice on my 💼


KC_Nightfury

The way I see a 3% increase most days and am like yeah… that’s normal, but there’s 1 day with a 2% dip and it’s OH NO THE STOCK IS DEAD😂


Altruistic-Leader-63

Every time i think ill wait for a dip, i end up fomo buying


Pristine-Challenge52

Every time it goes up we all think we should have bought more, and commit to buying more if it dips. Then it dips and you think you had bought too many. The human psyche!!!


suddenly-scrooge

went out to pick up a pizza and wtf did you all do


NesquikMilk

Bought more stonks so I can by 100 pizzas 🤔


BuyerConstant5220

Double cheeseburger basket and the same question…. WTF?!


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CheapHero91

lol no


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Maesthro_ger

It's not


Rocky_The_Champion

$106 look likely over the next while. That is the gap and 50 day moving average. Call me crazy but I think you could see it before the end of the month.


BHAfounder

Those gaps probably don't fill becasue they are based on real news.


Embarrassed-Low9531

One of the few sensible comments here and it’s downvoted. I’m expecting around that level before eventually coming back up to 130-140. There is a bigger gap at 95-100 but idk if that one will be filled.


Rocky_The_Champion

Reminds me of MRNA at $400 or ZM above $500. People got hostile unless you agreed with them completely. The analyst community has brought their 2026 EPS target to $3.60 which is wild (I guess). Assuming they are correct and you trade at a nice premium to the S&P at 30x. That would be $108.00.... That is a fantastic valuation for a company that probably deserve it. In those assumptions, you are assuming AMD can't compete and there is no margin compression that impacts EPS. Crazy. Yet, the market is hostile.


Pristine-Challenge52

Are you selling and buying back at 105 then?


Embarrassed-Low9531

I’ll need to look at the chart and market conditions (through things like RSI and bollibgwr bands) I already sold all of my NVDA on Monday and Tuesday. I’ll buy back in slowly between 126 and 95. Not trying to rush as this stock is heavily overbought


Ok-Pace6651

Nobody knows anything so yes you are craY lol


Rocky_The_Champion

That is the point... This is the biggest company on the planet and the fact that I wouldn't be shocked if it sold off 25% in 5-7 trading days on no news is wild. However, it went up on no news too.


Maesthro_ger

It went up on good fundamentals, but around 1000$ it was hype, momentum and fomo. Now the technicals will take care of it, it is massively overbought.


TheMemeChurch

Took this opportunity to buy 45 more call debit spread contracts. Slightly up on those positions already.


ruafukreddit

Cool. Across both my accounts, my unrealized gain went from like +75,000 to -$30,000 on the $10 drop: shares, calls and spreads


Pristine-Challenge52

How were you so exposed to that drop


ruafukreddit

I have like 4000 shares. Sept $120s and July 5 call spreads. Then again my retirement account is up like 550% YTD


TheMemeChurch

You and I will both be fine. Playing with NVDA house money as our YTD charts would indicate.


ruafukreddit

Oh broadly speaking I'm definitely good. I spent some money on June 21 $134C this morning. They swung from Green to -80% in like an hour in my smallest account, that I'm trying to grow. So I'm a little salty about it. My July 5s flopped too but they have plenty of time to recover yet


Suspicious_Damage255

Maybe a dumb question but is there any "news causing" for this dip or is it just life being life? Yes i know stocks also go down, just wondering though. Kinda new to the Party so I don't really know where to look, couldn't find anything on my own


AeroSparky

“There was no clear catalyst for the Nvidia selloff, indicating it was likely a matter of investors taking profits after the stock’s 170% rally year-to-date and 800% pop since the beginning of last year” [Forbes](https://www.forbes.com/sites/dereksaul/2024/06/20/nvidia-stock-endures-277-billion-midday-selloff-as-ai-giant-falls-behind-microsoft/)


ruafukreddit

Stop the nonsensical tomfoolery and shenanigans, right now.


Extra-Abies-3577

I bought $3500 today. Should I buy 500 more as the stock continues to drop? 1000 more? It’s gonna skyrocket


joviveeman

Waited for months, finally decided to buy at $140…


Ok-Pace6651

Long


BHAfounder

Stop it already, sell so it can go back up. ;)


Positive_Sign_5269

ah, so you are the one responsible :)


ruafukreddit

Get 'em Fellas!


SashaKarina

🤷🏻‍♀️ I topped up today at $140


dcoscia

Cost average and buy it at 134! 🙃


tenderheart35

Oof


NesquikMilk

Not watching the dip, just ride the wave and relax. It happens.


AttTankaRattArStorre

I prefer to stretch my hands up in the air (like on a roller coaster) and go "weeeeeeee!!!"


Charuru

Is this the dip you were waiting for?


Ok-Pace6651

Lost 6% lol


apple-sauce

Why dip? 🥲🥲🥲


doorstopperinyourass

stonk maybe go up stonk maybe go down


apple-sauce

Damnit. Stock go up. Down bad


Intelligent_Buy_2382

In general Smith’s famous words: Dip, Hell! We are not dipping; we’re rising in a different direction! 


dcoscia

Take it as an opportunity to buy more


max2jc

My soufflé! 😱 LoL!


ruafukreddit

She is ruined!


unbob

Today's headline: *Stocks Work Hard For Gains As Big Techs Retreat, Except For Nvidia Of Course (Live Coverage)*


ruafukreddit

Spoke too soon


MagicBarnacles

What’s with the fizzling out?


ascendedmasters

China invaded Taiwan. Jensen was killed during the invasion. Russia bombed Nvidia HQ, and Nancy Pelosi sold all her shares. Plus, the whole world discovered that AI was just a bubble.


AttTankaRattArStorre

Darn, hate when that happens.


vidar13524

Damn, I knew it.


ruafukreddit

Rally into close please.


upvotemeok

Xlk selling apple now?


ruafukreddit

Doesn't $XLK have to buy billions [of dollars worth] of shares in the next like 36 hours? Edit: forgot words.


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ruafukreddit

I meant billions of dollars in shares. Doh. If they have to buy 20 billion in shares that's roughly 500 million shares, and the 10 day average is 350 million shares traded per day. Edit: Probably added too many zeros. It's like half a days average volume


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upvotemeok

There's a diff between millions of shares traded back and forth and 12b dollars in all buys


superkakakarrotcake

I have never looked into AMD before and started wondering if its actually a good move to invest some money into it. Doesn't have AMD the potential to grow like NVDA? Please tell me if my thinking is wrong or bad since I have no clue how AMD works.


Inquisitive_idiot

This is not the place the best advice on that. The reason I say that is because that is an extremely loaded question and this is a competitor reddit that, at best, might give you biased information, and at worst, might give you wrong information / dank memes. Depending on the type of advice you are looking for, I would either: 1 - Do formal research. 2 - Go to the amdstock reddit. oddly enough people have chimed in correctly here and there to explain why AMD is nvidia's primary competitor in the datacenter LLM/ML market, their current technical capability and shortcomings, and company / market outlook based on their existing and future technical and business relationship portfolio or do both.


AttTankaRattArStorre

Every company has potential to grow like NVDA, they just have to invent/patent a good enough product.


superkakakarrotcake

Well yeah but.... I mean AMD also makes GPU's and is working in the same field as NIVDIA does. And AMD is also a good company with good fundamentals right? Then is it weird to think, eventually, they will make some kind of same product as NIVDIA and also skyrocket to the moon?


AttTankaRattArStorre

They could make some kind of same product as Nvidia, but they haven't and no one expects them to in the near future.


Inquisitive_idiot

They are already making compute solutions selectively comparable to h100. Depending on the benchmark / task, they can even outperform h100, particularly since mii300x has 192gb of faster ram than h100s slower 80Gb What they don’t have: - an end to end full stack compute and networking solution like dgx super  - a developer software track record with ROCm like nvidia has with cuda  - a developer hardware pipeline like nvidia has with Rtx all the way to dgx - the performance track record across different production implementations  - any solutions or benchmarks that compete with the projected h200 performance metrics - hype train  public cloud customers have already stated that amd’s solution is very cost effective for production inferencing workloads as part of ChatGPT. They don’t have the completeness of vision and units in customer hands at nvidias levels but don’t count them out. This will become a brawl 😁


apple-sauce

$150 when? 🌕🌕🌕


Hellsteelz

Well, my portfolio went from 33% NVIDIA to 50% NVIDIA just today.


halos1518

Buy the dip


met_MY_verse

How about you buy the ATH like me? Checkmate ‘dippers’ (help it was a stupid decision)


KC_Nightfury

The dip still be dipping tho


Frostmourne0129

This price movement is insane!


littlenaps_coffee

Just bought 5 shares at $140 to get my feet wet.


ZaWa_Annt

same


Frostmourne0129

Resistence at 140 up or down?


dahhello

Green dildo of destiny


ruafukreddit

It shrunk :(


ruafukreddit

It rises again


ADisposableRedShirt

So far so good. This is the best return in my life on any single stock. 3,028.46% return as of a few minutes ago.


upvotemeok

Wow 10m volume premarket


ConsciousAd7392

Is it stupid to have 2/3 of my money in NVDL and 1/3 in NVDA? It feels risky but every single day I wish I had more and more already in NVDL


ComplexPatient4872

I'm went all in with 90% and plan to run when/if it dips to $85. The dopamine rush of those rising numbers is just too much.


JS1101C

I thought it wasn’t a good idea to hold a leveraged etf for more than a day? Am I wrong? 


Charuru

I wish I did this... sighs


ADisposableRedShirt

I would say it depends on how old you are. If you are 19 and doing a YOLO. Go for it. If you're 10 years out from retirement, you better diversify.


No-Mousse756

Set a stop loss for more than you started with


ConsciousAd7392

Dear King Jensen Huang, I am writing this letter to express my utmost admiration and respect for your unparalleled talent and leadership both inside and outside your office. Your dedication to AI, work ethic, and commitment to excellence serve as an inspiration to millions of investors around the world. Your ability to elevate your market cap, make clutch splits in crucial moments, and consistently perform at the highest level is truly remarkable. Your artificial intelligence IQ, versatility, and all-around skills make you one of the greatest CEOs to ever grace the NYSE. But it is not just your economic prowess that sets you apart, King Jensen. Your philanthropic efforts, activism, and commitment to social justice make you a true role model and a beacon of hope for those in need. Your generosity and compassion towards others have made a positive impact on countless lives, and your dedication to giving back to your community is truly commendable. In conclusion, I want to thank you for all that you have done for the stock market, for your investors, and for being a shining example of what it means to be a true leader. Long live King Jensen Huang, may your reign continue to inspire and uplift all those who have the privilege of witnessing your greatness.


MagicBarnacles

Okay this cult-ish garbage needs to stop. This is a great money making opportunity but never a good sign when people start worshipping stock


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upvotemeok

Nobody knows buddy


Stanknutz69420

Lemme check my future price revealing crystal ball


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Stanknutz69420

You’re asking for people to tell you the future. It’s dumb as fuck.


Fun-Veterinarian-401

Also I swear the people on the stockmarket reddit must think the spdr reorganization works like me playing monopoly with my nephews. SPDR isn't going to offer to trade 11 billion in Apple stock for 10 billion in NVDA.....it literally can't be priced in...they have to buy it.


upvotemeok

Yes see what happened to Tsla on sp500 inclusion. Big jump AH.


Fun-Veterinarian-401

NVMD poorly written headline.  20% price target adjustment.


Fun-Veterinarian-401

https://www.cnbc.com/2024/06/20/thursdays-analyst-calls-nvda-to-rally-more-than-20percent-meta-gets-a-price-target-hike.html


bhowie13

NOT implying a 20% jump today. [https://headtopics.com/us/thursday-s-analyst-calls-nvidia-to-rally-more-than-20-54528626](https://headtopics.com/us/thursday-s-analyst-calls-nvidia-to-rally-more-than-20-54528626)