NVDA Futures aren’t looking too bad—let’s see how things unfold! Unless we find ourselves caught in an orange rain, the outlook seems steady. GOOGLAMZNTSLAAVGO
NVDA I don’t think a tech conference is gong to fix everything. Perhaps short term boost. The fed is currently taking money out of the system via Quantitative Tightening. Less Money/Credit equals retraction, not growth. For the average American would having less and less money/credit, help or hurt their financial situation.
NVDA NVIDIA GTC STARTS MONDAY MAYBE EVEN TEASING THE RELEASE OF RUBIN WHICH CAN DO MORE THAN 30x THEN BLACKWELL! Last GTC event rose nvidia stock by more than 15% that entire week. Watch out for volatile moves!
NVDA This is not too complicated. Nvidia became bearish on Nov 27th- Dec 5th. On Jan 6th the channel was created and it has been going up and down in it ever since. Current trend goes up to ~132$ by the end of the week and then it might go down again to ~95$. This is no stock for the average retail "investor". Big money playing games.
NVDA DO NOT TRUST MEDIA. Most media outlets are sponsored by Big Money to lure retail traders into traps(classic example happened this Friday where Big Money wiped out retail puts expiring today). Last media headline said that historically NVDA stock price rises during NVDA GTC conference. NO! it dropped by about 15 percent within abt 2 weeks after march 18-21, 2024 conference (resource: just look back at the charts). Jensen Huang of NVDA, the GPU King, is paranoid as quantum is picking up as well as other companies coming up with much more affordable GPU. Regardless, quantum uses CPUs not GPUs. Hence, Jenson is scared as hell, as such bad mouthing quantum. Nothing Lasts Forever! Peace.
SPXSPYNVDAAAPLTSLA I am deeply emotional and saddened to see a message from one of my followers as he reaches out to me due to financial hardship. It is never easy to hear someone in distress, especially when it involves money. I understand how important it is for some people to make money from the stock market, but you should always keep in mind that the market never ever understands your emotions or financial struggles. Managing emotions is always going to be a challenging task unless you reach a point in your life where you become numb to them. If you or someone you know is facing a similar situation, one approach that might help is setting clear, predefined limits on how much risk you are willing to take—and sticking to them. Let me explain with an example: This week, three out of five of my entries were made at the wrong time, but I still lost only 17% of my capital, which has allowed me to stay in the market for the coming weeks. However, someone I know who has a gambling mindset but follows my trading setup almost lost 100% of his capital because he couldn’t manage his emotions and he put all of his money at risk. The moral of this example is not to glorify my achievement in preserving my capital, but to help new traders understand the importance of setting risk limits. We will all face downfalls in trading, but those who know how to stay calm in tough situations are the ones who ultimately win.