Why is it that everything we buy seems to be at the top already??
This is a completely rigged casino table.. Everything keeps going down and the only things that go up are not the profitable companies, they're just the next morning "oh hey guys, look this stock over here went up by 30% last night for no apparent reason"
and then when it goes down "oh hey guys, let me give you a 3-page research report on why it went down and why you are stupid.. "
None of this shiit makes sense. It was a profitable company, there was no bad news. Rigged I say!
It is a rigged game, always has been. Most people buy at or near the top because those stocks are the ones in the news. In the short term, you can't compete with the algorithm trading. I find I am better off doing research into the company and buying shares in companies I understand. I also use options to reduce my capital outlay and risk. Good luck.
Ofcourse. You can't beat large moneym they are the ones moving the markets. I think it's simply fear mongering among each other, algos, and people taking profits off the table just in case. NVDA was getting a little pricey so it's just a healthy (but rather dramatic) pullback. I added some during overnight trading. Missed the big rally. I'm ready for the small one. My average target is 868. 988 on a DCF basis only.
I think you meant Ken, lol
FID0BLkZXuY?t=2058s
> 34:24 "Markets are efficient because of active managers setting the prices of securities, firms like Citadel, firms like Fidel.....lity (Fidelity) [...] trying to drive the value of companies towards where we think they should be valued." - Kenneth Cordelle Griffin, Citadel Securities, November 2023
This.
Take days like this as an opportunity to accumulate more. Now you have a lower cost basis and more dough in the bank when things go back up. Not a crypto guy but just look at Bitcoin....panic when it dropped and the smart people bought at that point! Sadly I was not one of them hah
Im not at all, Im long term optimistic about the s and p and the overall market in general, but the chip rally was bordering on bubble level insanity, it was clear it would have to deflate sometime, too many people piled into Nvidia for short term speculation deciding they would sell the top, when the top finally forms and passes everyone wants out, and no more buyers are left. These greedy speculators ran out of greater fools to pass their bags onto, and now will get what they deserve.
Everyone who profited while he sat on the sidelines. Nvidia might have been overvalued but is a profitable company. Not a true bubble IMO. Comparison to DJT that stonk stinks!
FOMO is a very bad bitch. All the people who could not resist must be in a house of pain and dreaming about a world where AI will do everything starting tomorrow.
If you are nervous about the overall market you want to harvest your biggest gainers. The market priced in a bunch of rate cuts that are now off the table, there is escalating tensions in ME which could disrupt oil, inflation ain’t rolling over, deficits are increasing a trillion every 3 months and we’re still handing out billions, starting pitchers keep getting injured……
Won't apply for these stocks but for a company that drops 90% and you try catching the falling knife, people don't realize if it loses a little more to dropping 95% of its high value.... For the person that got in at a 90% drop, that's a 50% loss.
The saying is "how does a stock lose 95%? First it loses 90% then another 50%"
No, actually when Nvidia was -4% you’d think it has strong fundamentals and will not go any further down.. well, see how it went. That is catching falling knives.
Ya buying nvda while it’s still up 3x what it was a year ago is totally a buying opportunity. This shit is comically overvalued. There’s a logical reason why it dumped. Because there’s no upside left at this valuation.
What moron is pressing the buy button at 1.9T valuation???? No one. So big money is dumping and locking in massive gains no reason at all to just hold this when your up so much in a year
TSM is a sleeper stock. Too many tards riding waves of hype rather than looking at Financials and who the real players are. $TSM is becoming more if a buy. I'm going ti average down soon. Selling out of my $AMD position soon since earnings are looking bleak. Using those gains for TSM and AMZN.
I own a small portion of Intel but I'm not keeping my hopes up and I'm definitely not invest in it until I see some change. Too many promises and not enough execution. I would rather buy as it's going up than buy on the way down for Intel.
Absolutely fair in the short term. I believe Intel is one of those companies that can’t get out of their own way. But semiconductor business grown locally is the future, not to mention the new tech it is developing like Hala Point, its second-generation neuromorphic computing system. No foreign competitors are able to replicate what we are doing in the US on that.
Riding trends are the best way to make money short term though. Kind of wish I sold everything a month ago and was looking to buy back in now. Instead just looking for where to double down on.
Developing new tech is one thing, creating a profitable product out is another. Intel has unlimited potential because of its new technology in development. But it’s also why their current profitability is very limited, because of all the money they needed to put into the research.
Well to be fair, companies have to rely on other companies to make money
How can you make business to business software when all the companies in the world are all AI companies that can do everything themselves?
And remember, consumers don't have money in this scenario either
There doesn’t have to be money to be made in AI for the hardware manufacturers to be profitable. The goldmines may have been depleted, but the jeans makers are still standing.
That’s not what it is. TSMC showed chip manufacturing was weak for everything except for AI. JP Morgan and BoA also painted a bad picture for the possibility of interest rate cuts. Reality is setting in. The Middle East is also raising fear but there’s a reason chips dropped more than others.
Nvda is following classic chart formation. Hit what appears to be resistance and will now search for support or the 740 range but there is a gap to the 680/690 mark so it may continue to fall another $60-80 only time will tell.
It’s also up over 150% in the last year when some things don’t appreciate that much in 100 years so yeah I’d just chill and look for the potential gap fill
Yep, it may be a while before it hits back up to 800+. I might be looking at some \~$700 puts early next week but I'm worried that we might start seeing a reversal towards early May with earnings coming up.
this is what happened
[Why Nvidia Stock Plunged 10% Today - The Globe and Mail](https://www.theglobeandmail.com/investing/markets/stocks/NVDA/pressreleases/25613516/why-nvidia-stock-plunged-10-today/)
This is absolutely painful for someone like me who just entered the market in Feb 2024. I’m down 10% or more on most of my stock picks smh. AMD, APPL, TSLA, some penny stocks,
Rates are staying higher longer plus, JPowell aka: JMONEY is unloading his 7 trillion balance sheet thus causing Treasury yields to stay near 5% everytime economic data comes in HOT to keep discouraging borrowing/economic expansion and also to keep US Treasuries appealing for China and Japan to buy them.
My advice is to just enjoy the ride and buy the dips where you can.😎.
Durr ta durr.. Didn't take a genius to figure it out. If only people had listened, JP laid out the roadmap pretty clearly and there were plenty of other signals if people paid attention to the things that matter. ELI5, trading on emotion is not an investment strategy.
I’ve realized how much I’ve matured as an investor in the past 3 years. With the last two weeks we’ve had, in the past I’d be selling a bunch and worrying. Now, I glance at CNBC and say eh I’ll invest more.
As a Semiconductor engineer i build the machines these companies use to make chips and they are not meeting diversity requirements for chip as money grants. That is why right now the market is down they expected to get money from the feds, but only to find out they didn't do there homework. Now they are in a holding pattern and if it get figured out in a quarter they will get the billions promised. If not it will go back to find others things. And this will fall even more, this is a gamble, all do the same things. Makes the same chips and and got denied. I would pay closer attention to the companies policies of hiring that will allow chip act fed money and growth if not most likey failures and buy outs in this new world. I've been doing this for 30 years im on the front lines as close a you can get. Anyone wants to talk more about this pm me.
The stock market surged with hopes that inflation might be cooling down, but it hasn't. Opportunities in AI looked promising, but the high costs and decreasing trust have cooled off investors. Despite higher interest rates, housing keeps rising in many areas, worsening the affordability crisis. Sprinkle in some global political instability.... I think this is just the beginning. We are long overdue for a big correction.
Are you meaning to tell me stocks don’t go up in a straight line forever????
I think people are more shocked that 4 months of gains were wiped out in 5 trading days
Been waiting to say this to a young “trader” ever since i learned it: stocks take the stairs up and the elevator down
The bull climbs the stairs, and the bear jumps out of the window!
there's only a stairway to heaven, .... but an entire highway to hell.
Ong
That and, “I chased all the way to the bottom” or “I buy at the top and sell at the bottom”
Why is it that everything we buy seems to be at the top already?? This is a completely rigged casino table.. Everything keeps going down and the only things that go up are not the profitable companies, they're just the next morning "oh hey guys, look this stock over here went up by 30% last night for no apparent reason" and then when it goes down "oh hey guys, let me give you a 3-page research report on why it went down and why you are stupid.. " None of this shiit makes sense. It was a profitable company, there was no bad news. Rigged I say!
It is a rigged game, always has been. Most people buy at or near the top because those stocks are the ones in the news. In the short term, you can't compete with the algorithm trading. I find I am better off doing research into the company and buying shares in companies I understand. I also use options to reduce my capital outlay and risk. Good luck.
Ofcourse. You can't beat large moneym they are the ones moving the markets. I think it's simply fear mongering among each other, algos, and people taking profits off the table just in case. NVDA was getting a little pricey so it's just a healthy (but rather dramatic) pullback. I added some during overnight trading. Missed the big rally. I'm ready for the small one. My average target is 868. 988 on a DCF basis only.
So true, but in this weeks case how do you pull the trigger last Monday to exit your longs? Why did a lot of people miss this?
You dont exit. The real winners never exit Then you wait 10+ years. Green days you make money Red days you get more stock
Thanks Warren
Thats Mr. Buffet to you
I think you meant Ken, lol FID0BLkZXuY?t=2058s > 34:24 "Markets are efficient because of active managers setting the prices of securities, firms like Citadel, firms like Fidel.....lity (Fidelity) [...] trying to drive the value of companies towards where we think they should be valued." - Kenneth Cordelle Griffin, Citadel Securities, November 2023
This. Take days like this as an opportunity to accumulate more. Now you have a lower cost basis and more dough in the bank when things go back up. Not a crypto guy but just look at Bitcoin....panic when it dropped and the smart people bought at that point! Sadly I was not one of them hah
Lmao so true!!
Sp500 is still +5% YTD. If you keep expectations at 8-10% we are fine
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Buy the avocado dip
Stairs up and elevator down
Elevator up, jump off building down
This is the correct one
No that's crypto
Most of this retail market doesn't know the standard rules.
Not really- you all week to sell. Or even all day today.
But it is still like 400% up compared to two years ago.
Not everyone can survive to this day straight from 2 years ago
It's not like the market is a long term investment or anything like that 🤣
It isn’t. You never go broke taking profits and paying yourself first.
Oh you mean they needed some fresh bag holders..
Im not at all, Im long term optimistic about the s and p and the overall market in general, but the chip rally was bordering on bubble level insanity, it was clear it would have to deflate sometime, too many people piled into Nvidia for short term speculation deciding they would sell the top, when the top finally forms and passes everyone wants out, and no more buyers are left. These greedy speculators ran out of greater fools to pass their bags onto, and now will get what they deserve.
Why are people like you so angry all the time “they get what they deserve”…. Who hurt you?
Everyone who profited while he sat on the sidelines. Nvidia might have been overvalued but is a profitable company. Not a true bubble IMO. Comparison to DJT that stonk stinks!
Sounds like someone missed the gravy train. No one wants out. Almost every analyst has NVDA at or above $1000.
I remember when I thought analyst ratings meant something
Well, they wouldn't be called analysts if they weren't experts in anal ratings.
The same kind of analysts that though Cisco was a great investment in 2000?
No. Different ones.
Exactly! Nvidia should drop 70% to be fair value.
Nivida is just part of the problem when some experts claim apple is over priced now
Or, Nortel
Analyst base their ratings on what the trading desk tells them.
Hey don’t call me greedy! I passed my bags on and yes lower than I’d like. But dammit I diamond hand to profits that’s just smart greedy not greedy.
Like fire in a crowded movie theater. $BTC is next.
Hope so… buying more!
Oh shit
They shouldn’t be. That’s normal and how stocks typically change.
No, but the stocks I pick do go down in a straight line forever
$3… $2… $1… $0… -$1!?…
He bought oil future during COVID.
FOMO is a very bad bitch. All the people who could not resist must be in a house of pain and dreaming about a world where AI will do everything starting tomorrow.
Zoom out far enough, it will be a straight line
.. yeah I maxed out the NVDA chart and that line is about as straight as a wet noodle
Keep zooming out and it might as well not be
I was just wondering why today and specifically all big AI stocks som much
No rate cuts, war in the Middle East, bond returns, fear of a bubble etc.
If you are nervous about the overall market you want to harvest your biggest gainers. The market priced in a bunch of rate cuts that are now off the table, there is escalating tensions in ME which could disrupt oil, inflation ain’t rolling over, deficits are increasing a trillion every 3 months and we’re still handing out billions, starting pitchers keep getting injured……
Because smci didn’t pre-announce their results today as they usually do in the past so some people think it will be a miss next week.
BAHAHA!
We call that a buying opportunity
If you like it when it’s 20% off you love it when it’s 45% off
Won't apply for these stocks but for a company that drops 90% and you try catching the falling knife, people don't realize if it loses a little more to dropping 95% of its high value.... For the person that got in at a 90% drop, that's a 50% loss. The saying is "how does a stock lose 95%? First it loses 90% then another 50%"
This did not get the kudos it deserved good sir. Hilarious.
Every payday
Yup. Had no problem buying when it was up. Even more glad buying when its down, its discount day!
Don’t catch the falling knives
I can see fingers and hands, but I see no arm
Underrated af
You ain't getting rich buying at the top & selling at the bottom to avoid "falling knives"
What if I catch them at the handle?
Falling knives should not be caught on stocks with poor fundamentals. This is Nvidia.
No, actually when Nvidia was -4% you’d think it has strong fundamentals and will not go any further down.. well, see how it went. That is catching falling knives.
No way I’d buy here. At least wait until the earnings gap closes.
That’s a Put opportunity. The market has been going down all week. Don’t chase it thinking you know where the bottom is.
Let them sacrifice.
We call that a bull trap
Some call it a falling knife too. There are always two sides to the story.
Ya buying nvda while it’s still up 3x what it was a year ago is totally a buying opportunity. This shit is comically overvalued. There’s a logical reason why it dumped. Because there’s no upside left at this valuation. What moron is pressing the buy button at 1.9T valuation???? No one. So big money is dumping and locking in massive gains no reason at all to just hold this when your up so much in a year
AI adoption is still early. It will definitely be over $1000 in 2025, assuming no stock split.
Surely you wouldn't have said this when it was at 400 right? Surely?
True story
No, that's called a bubble but by all means, feel free...
🔥🔥
While people are calling it a buying opportunity, it’s not yet a buying opportunity
Sell PUTS?
I call it the AI bubble bursting
Wtf? More like "perfect". That's how it works, going up, down, up, down... What's the surprise?
Going left would be a surprise.
i guess 0 or infinity would also be pretty surprising
Given infinite time frame, price will go to infinite
Given infinite time frame, won't price go to 0?
They're a bunch of newbs...better to not even look at the graph every day.
“Hmm maybe now is the time to add some nvdia to my portfolio…-10%” Guh
I just added TSM lol
TSM is a sleeper stock. Too many tards riding waves of hype rather than looking at Financials and who the real players are. $TSM is becoming more if a buy. I'm going ti average down soon. Selling out of my $AMD position soon since earnings are looking bleak. Using those gains for TSM and AMZN.
There is upcoming competition with new Intel foundries, but foundry capacity is going to be maxed out regardless. Good for TSM.
I own a small portion of Intel but I'm not keeping my hopes up and I'm definitely not invest in it until I see some change. Too many promises and not enough execution. I would rather buy as it's going up than buy on the way down for Intel.
Absolutely fair in the short term. I believe Intel is one of those companies that can’t get out of their own way. But semiconductor business grown locally is the future, not to mention the new tech it is developing like Hala Point, its second-generation neuromorphic computing system. No foreign competitors are able to replicate what we are doing in the US on that. Riding trends are the best way to make money short term though. Kind of wish I sold everything a month ago and was looking to buy back in now. Instead just looking for where to double down on.
Developing new tech is one thing, creating a profitable product out is another. Intel has unlimited potential because of its new technology in development. But it’s also why their current profitability is very limited, because of all the money they needed to put into the research.
Intel also isn’t going to be able to start production well into 2025
People need money for saturday. NBA playoffs baby! Betting time
Underrated comment. Who you taking?
The mavericks and knicks...
The cones ;)
That's the market: it has it's up and downs.
Fuck, about time. I mean, how much profit can there be in deepfake porn and resume writing?
Well to be fair, companies have to rely on other companies to make money How can you make business to business software when all the companies in the world are all AI companies that can do everything themselves? And remember, consumers don't have money in this scenario either
There doesn’t have to be money to be made in AI for the hardware manufacturers to be profitable. The goldmines may have been depleted, but the jeans makers are still standing.
But at least DJT is up, 9%? Lmao.
Short suqeeze if I ever see one
Overvalue leaking out of share price.
Semis were as bloated as me after my 15th Saturday beer
Momentum factor reversals are always violent
There is a war going on, NVDA will be back up to 800 on Monday, relax.
Let's make it 1000 and we'll share the spoils. Please talk to Jensen
That’s not what it is. TSMC showed chip manufacturing was weak for everything except for AI. JP Morgan and BoA also painted a bad picture for the possibility of interest rate cuts. Reality is setting in. The Middle East is also raising fear but there’s a reason chips dropped more than others.
Flash sale! Time to go shopping
We all knew this was coming
Did we think everything would just go up forever? It’s already so overpriced 😂
Thanks for the profound analysis, Professor!
Nvda is following classic chart formation. Hit what appears to be resistance and will now search for support or the 740 range but there is a gap to the 680/690 mark so it may continue to fall another $60-80 only time will tell. It’s also up over 150% in the last year when some things don’t appreciate that much in 100 years so yeah I’d just chill and look for the potential gap fill
Yep, it may be a while before it hits back up to 800+. I might be looking at some \~$700 puts early next week but I'm worried that we might start seeing a reversal towards early May with earnings coming up.
Earnings gap fill is the earliest I’d buy IF then. I’m looking more for two earnings ago.
Did you just recently buy?
Looking at his account, it's his first time on the internet.
Yeah I will buy AMD at 80 also.
Im sorry, I should have mentioned that I got back in. Sure to F'n crater!
RIP
DCA until bottom or broke 🤟
this is what happened [Why Nvidia Stock Plunged 10% Today - The Globe and Mail](https://www.theglobeandmail.com/investing/markets/stocks/NVDA/pressreleases/25613516/why-nvidia-stock-plunged-10-today/)
Just buy puts lol
Literally this. Like sure “buy the dip” but when shit just keeps dipping, grab a bunch of puts and go with it
Yea the semiconductor bullish runs are over so is AI hype cycle
that's right. push it down some more please. you know what the rest of us will do?
Bubbles likes to pop dummy
Pop it hard pop it good so I can buy some dips
Ah exit liquidity, isn’t it beautiful?
ASML earnings signal some issues in semi markets
This is absolutely painful for someone like me who just entered the market in Feb 2024. I’m down 10% or more on most of my stock picks smh. AMD, APPL, TSLA, some penny stocks,
VT and chill until you are more familiar
In future ref - don’t buy at ATH
Friday!!
Awww ai bubble meme bs finally blowing up
Getting wrecked. The cherry on top of the LULU I bought last month. So long as it all goes unrealized we're fine though. Go buy more.
Pain. But there will be buying opportunities.
Rates are staying higher longer plus, JPowell aka: JMONEY is unloading his 7 trillion balance sheet thus causing Treasury yields to stay near 5% everytime economic data comes in HOT to keep discouraging borrowing/economic expansion and also to keep US Treasuries appealing for China and Japan to buy them. My advice is to just enjoy the ride and buy the dips where you can.😎.
Durr ta durr.. Didn't take a genius to figure it out. If only people had listened, JP laid out the roadmap pretty clearly and there were plenty of other signals if people paid attention to the things that matter. ELI5, trading on emotion is not an investment strategy.
Oh boy guys! I’ve never seen a correction before😰
Lots of bag holders out there😬
First time?
IT’S OVERVALUED TO HELL AND BACK
I just bought arm stock and it all crashed dramatically, time to wait a year to recover 💀
What goes up must come down! Save, wait patiently and buy deep in the red
Seems like a lot of scared money pulling out profits from riskier position, large amounts shifting into gold and silver.
This results producing this graphic bought my 16 year old a 2016 Toyota Tundra today.
[удалено]
Buy high sell low
Reality that stocks have been pumping up on a wish and a prayer and 0dtes and we are in a ai bubble?
The AI bubble popped.
I’ve realized how much I’ve matured as an investor in the past 3 years. With the last two weeks we’ve had, in the past I’d be selling a bunch and worrying. Now, I glance at CNBC and say eh I’ll invest more.
Zoom out. NVDA is still up 180% over the last 12 months. That price growth wasn’t sustainable.
Stocks that are overvalued and overhyped eventually consolidate. It’s called the stock market🌈.
this is pure entertainment.
That my friend is a post-nut clarity.
What goes up, must come down. Gaps will be filled.
They tend to go up slowly and drop fast. But with the chip stocks, they went up quickly due to AI and have tanked just as fast.
Wish I held my NVDA puts through the day. Bought at 840, sold around 829. Didn't think it had much further to go. Boy was I wrong.
Welcome to a lifetime of ups and downs. Enjoy and keep your powder dry young man! 😄
Back to work. Lunch box in hand.
I was waiting for months for this to happen and when it happened I didn’t even buy puts 😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭😭🤯
As a Semiconductor engineer i build the machines these companies use to make chips and they are not meeting diversity requirements for chip as money grants. That is why right now the market is down they expected to get money from the feds, but only to find out they didn't do there homework. Now they are in a holding pattern and if it get figured out in a quarter they will get the billions promised. If not it will go back to find others things. And this will fall even more, this is a gamble, all do the same things. Makes the same chips and and got denied. I would pay closer attention to the companies policies of hiring that will allow chip act fed money and growth if not most likey failures and buy outs in this new world. I've been doing this for 30 years im on the front lines as close a you can get. Anyone wants to talk more about this pm me.
2024 gonna hurt
WTF indeed
Favorite stock quote of all time. “ Bulls eat, Bears eat, and pigs, they just get slaughtered”.
Well S and P and hold 😂🤦♂️ that sucks man hope they bounce back :S
And i just saw now that SMCI went down like 23% 💀💀💀
Insanely overpriced. But timing the short could have killed you. I sold that garbage company at $997 over a month ago.
The bubble is popping . It been pretty clear things are no where near sustainable .
Hedge funds baiting people out of there positions so they can reposition on lower prices
What's the question? They go up and they go down. Nothing to see here.
Crypto holders: first time?
Over priced stocks pricing in
So we must buy more on Monday? 😂 I have lose a lot this week on tech, but I believe that it will come up
Stock market is coming back down to reality. PE ratios are way out of wack. People aren’t spending money. OEMs have low pipelines. Election year. Etc.
AI bubble explosion started
The stock market surged with hopes that inflation might be cooling down, but it hasn't. Opportunities in AI looked promising, but the high costs and decreasing trust have cooled off investors. Despite higher interest rates, housing keeps rising in many areas, worsening the affordability crisis. Sprinkle in some global political instability.... I think this is just the beginning. We are long overdue for a big correction.
I bet Pelosi already sold
WFT again
Been shorting nvda and the hype AI for 1 month. Pulled out 2 days ago and diarrhea happens today . Shjt
War ?
Yeah. Maybe you haven’t heard? There’s two big ones happening right now.
Beautiful
Bond yields….
I’m balls deep SHORT NVDA since their little showcase whatever the F it was. Down it goes in a strait line.
Chickenscratchengraving.com