I did offer to train Padu a few years ago. He declined politely. Seems like a nice guy. A lot of you are hitting me up asking which AI stock to short. That is a tough question. NVDA is the poster child... and probably the easiest idea. My disdain for AI has led me to not cover the sector well so I really don't know which other stocks are ballooned. NVDA- NVDA NVIDIA Corporation-: Made a move from $50-$125 Normally I divide by half but there has been so much hype with this name I am using $115 or so as a high point. $50----> $115 = + $65 divide by 2 = $32.25 add to $50 and you get $82.50. If you believe in the full move to $125 skewer up. The potential downside is $82.50 // $94-$98 support. I would prob bet on the latter... $116.08-3.02(-2.54%)12:54 PM 09/16/24 NASDAQ |$USD |Realtime
I've been looking I do think PLTR will get punished to some degree but My Thesis is about NASDAQ TECH that is down from highs and going down. It is those stocks I feel will be sold. Ideally stk is already 10% off high<---- That could be a trigger.
Since my main aim here is that nobody gets hurt. I'll refresh the SEPT 20 concept and maybe add in some numbers to the thesis later. SEPT 20 is the re balancing for passive investing index funds. There is a tremendous amount of dollars in these funds and if the computers think it's time to sell tech and rotate.. which is what they must of thought in Aug but were NOT ALLOWED TO SELL THEN... well what happens this SEPT 20 if (big if) Tech is crashing....
I was surprised he chickened out from a 2nd Kamala debate. But I'm not crowing about it because several people have told me that it is a ruse and he will debate again. Dramatic. Since I am soon to be a beach house owner I poked around abit about my neighbors we have two serious money mangers nearby - one is lady who has a big rep and my wife's mom wanted me to go to her... One is a pretty famous in the HF world male. I believe they both come from BofA.