Says it all right now
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LIBERATION DAY
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O CANADOGE
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POSTING INFORMATION
I have NVDS on my watch list.
Not a typo.
But I’m months from seeing whites in their eyes (based on my metrics).
I suspect its the bellwether for this cycle.
I took a chance today in IREN. Just a trade.
If it starts turning down, I will be out in a heartbeat
https://stockcharts.com/h-sc/ui?s=IREN&p=D&b=4&g=0&id=p48584182201
People that have a lot of eggs in the Nvidia basket might to take a look at the series of videos Nobody Special Finance put out a few months ago.
The first of the series
1 https://www.youtube.com/watch?v=DBT63k6FaK0&list=PLFQvErdlATeY-mEHozu5GlfffewysnHFq
2 https://www.youtube.com/watch?v=K6xALgeaSZM&list=PLFQvErdlATeY-mEHozu5GlfffewysnHFq&index=3
3 https://www.youtube.com/watch?v=0pySEPMVpfs&list=PLFQvErdlATeY-mEHozu5GlfffewysnHFq&index=4
4 https://www.youtube.com/watch?v=ombJxovNLkA&list=PLFQvErdlATeY-mEHozu5GlfffewysnHFq&index=5
5 https://www.youtube.com/watch?v=5THy1ETSCM4&list=PLFQvErdlATeY-mEHozu5GlfffewysnHFq&index=6
Under the tinfoil hat says…..if someone wanted to crash the market wouldn’t it be an opportune time for an ‘authority’ to suddenly start a fraud investigation into Nvidia?
Then there is the vid that Heresy Finance put out a few days ago about massive insider selling to the retail crowd (in general, not just nvidia).
Heresy
https://www.youtube.com/watch?v=yDCkW1602a0
Mellonhead
https://www.youtube.com/watch?v=uVAd5tY7N5Y
My now elderly father has made a fortune in momentum names like TSLA, MSFT and NVDA.
I swear, when their is a 1-2% correction in the market he will call me and ask what is causing the turmoil in the markets–that’s how used to seeing his stocks go up literally every day he is.
I wish I could say his strategy has been wrong, but its been just the opposite. Meanwhile I have been sitting on metals and miners for a decade, and in real terms and lost opportunity cost, it’s been a very very bad decision.
Congrats to your father, he has obviously played this cycle correctly. Was he in the market and playing the similiar cycle in 2000? If so, how did he handle the straight up tech stocks in the NASDAQ in March of that year and the aftermath?
He made and lost a fortune in 2000. We are talking 8 digits. He still had a large portfolio after the crash, but we are talking having crazy money vs just being well to do.
Thanks for sharing that.