The problem with Kinski is he's been saying that for a while. He's always on CNBC blathering his bearish take. I've owned NVDA on & off since 2015 and it has always been expensive because they are a monopoly (duopoly if you count AMD's Radeon division). They created the graphics card industry. The time to sell NVDA is when permabears tell you to buy it like our very own S2007S.
When it comes to investing advice, this is on the same par as: The FED said that- The boy who polishes my shoes said that- Some random prostitutes in the elevator said that-
From tech to crypto there was quite the bullish roar today. NVidia for some reason is one of the only things that lost value though. Cracks starting to form?
A Trump win sends markets South. It's just the way these things work. The closer to winning, the cheaper the OTM puts will be. Buy accordingly. --->You're welcome.
NVDA & the rest of the mag7 are viewed as secular growth so when the market perceives real growth they sell the mag7 and buy the real economy stocks aka energy, industrials, financials, etc.(value stocks). When the market perceives stagnant growth they buy the mag7 & sell the value stocks.
Short the entire basket. A Trump win sends us way lower. No politics involved. It's just the way things work.
What is the policy that Trump will implement that is going to tank the market? I'm confused about your prediction. It didn't happen last time. I believe the industrials & financials did the best right after election day 2016.
Good question. But if you know me, these things aren't about matters as pedestrian as policy or anything else..... It's about... ... just because. Whatever. Do what ya need to do.
Trump wins.... We will be substantially lower this time next year. No data, no facts, no nothing. But I'm right.