I like the stock
I don't think any more analysis has to be done on this company and its ability to innovate and lead graphics chips.
The latest reach into AI should be recognized as the companies ability to pivot to what is trending.
They met and possible over reached when the demand for Crypto was at its peak.
I did not factor NVDA into my semiconductors, crypto and market synchronicity idea back when markets were at the tipping point in early 2022
But after I studied the predictive nature of its symmetrical inverse structures I have become obsessed with this stock.
I see this 242.06 for NVDA is a pivotal range.
If the indexes do not provide a bottom for the most recent sell off (zero S&P500 gamma) then 232-242 will be a rejection.
Who knows. Markets could crash on Monday
NVDA would be the stock I pick up on the following Monday after the FED cuts rates and bails out N number of put writing dealers.
The pandemic made us realize we need to invest more into Chips and Technology that will eliminate the mundane jobs humans don't want to bother learning or getting good at.
The problem remains how to get the money the economy invests in technology growth back to the workers who jobs the technology replaces.
Maybe I'll go plant trees this spring.
It might be better for me and the planet than chronicling the collapse of the global economy.
The latest reach into AI should be recognized as the companies ability to pivot to what is trending.
They met and possible over reached when the demand for Crypto was at its peak.
I did not factor NVDA into my semiconductors, crypto and market synchronicity idea back when markets were at the tipping point in early 2022
But after I studied the predictive nature of its symmetrical inverse structures I have become obsessed with this stock.
I see this 242.06 for NVDA is a pivotal range.
If the indexes do not provide a bottom for the most recent sell off (zero S&P500 gamma) then 232-242 will be a rejection.
Who knows. Markets could crash on Monday
NVDA would be the stock I pick up on the following Monday after the FED cuts rates and bails out N number of put writing dealers.
The pandemic made us realize we need to invest more into Chips and Technology that will eliminate the mundane jobs humans don't want to bother learning or getting good at.
The problem remains how to get the money the economy invests in technology growth back to the workers who jobs the technology replaces.
Maybe I'll go plant trees this spring.
It might be better for me and the planet than chronicling the collapse of the global economy.
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