Wtj is happening?
$NVIDIA(NVDA.US$ is this because of lockdown and widespread of corona virus?
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102625709 : InstItutional selling
Elon StarshipOP 102625709: But why so?
102625709 Elon StarshipOP: They feel that the market is high so taking in Profits first
102625709 : Also Jerome Powell is here to stay
Elon StarshipOP 102625709: I thought that’s good thing for economy if not for short term market stability
102625709 Elon StarshipOP: apparently the market doesn’t think so lol. But Either way i think i am gonna increase my positions
Elon StarshipOP 102625709: My 80% of portfolio is NVIDIA options and they butchered it
102625709 Elon StarshipOP: Dont worry too muCh. Tomorrow will be a better day
空仓承太郎 : it's unusual for stocks like NVDA going up 75% within 2 months and maintaining huge PE more than 100.
Elon StarshipOP : To name a few; $TransGlobe Energy (TGA.US)$ $Euroseas (ESEA.US)$ $Build-A-Bear Workshop (BBW.US)$ $Danaos (DAC.US)$ $Customers Bancorp (CUBI.US)$$Avis Budget (CAR.US)$ have rose by 4-5 times a year but why NVIDIA has to go down
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