By any measurement criteria, this stock appears overpriced. It's hard to envision a growth trajectory that could justify its current price. This sentiment has been consistent for the past week, month, and even six months, yet it has not influenced its value. Despite the warnings from financial experts predicting that retail investors will suffer as they did during the late '90s internet bubble, it's these very experts who have faced the brunt of the losses. I don't personally own any Nvidia shares and I can't persuade myself to invest at the current price. However, this probably implies the stock's value will continue to rise. The key drivers behind asset price fluctuations are sentiment and positioning, not fundamental value.
if you finished watching, the point is revenue guidance is 11b next q, 57% more than this q, none of those showed up in its suppliers a/r, not its users’ capex.
I had to write SPX really to make my point, look at what SPX has done since we hit the low, about 20% swing and stagnated for some time too, whereas stocks that are developing AI have rallied much more, I own META for example and when everyone was slamming it, I was investing into it, look where it is now. The trend is about AI, everyone is writing about it now, so invest in AI
A little bit belated 1 trillion company, never late. My post from Nov 18 2021, see hwo far a drop it will be from here. But I have the positions...
red day for me, -18.75 pts. i am still short overall, maybe have to cut a loss when roll in coming weeks.
Weakness early in the week have been a pattern lately. ES 4200 and NQ gap fill from last Friday here. Maybe enough for a bounce.
Shallow pullback. Looks like 4220 from here. Interesting to see if we close above or below Friday's high.
4220 tagged. Would normally expect this to lose steam in this area here, but NQ is shifting back into insane mode, so who knows.