Wtj is happening?
$NVIDIA (NVDA.US)$ is this because of lockdown and widespread of corona virus?
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102625709 : InstItutional selling
Elon Starship OP 102625709 : But why so?
102625709 Elon Starship OP : They feel that the market is high so taking in Profits first
102625709 : Also Jerome Powell is here to stay
Elon Starship OP 102625709 : I thought that’s good thing for economy if not for short term market stability
102625709 Elon Starship OP : apparently the market doesn’t think so lol. But Either way i think i am gonna increase my positions
Elon Starship OP 102625709 : My 80% of portfolio is NVIDIA options and they butchered it
102625709 Elon Starship OP : 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 Starship OP : 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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