AI stocks is Rising - NVDA is back🔥
My Portfolio is doing great today and the below is all the stocks that I am holding😍 If you have been following me, you would know that I have been buying all these tech stocks especially $NVIDIA (NVDA.US)$ $Taiwan Semiconductor (TSM.US)$ $Advanced Micro Devices (AMD.US)$ $Micron Technology (MU.US)$ $Microsoft (MSFT.US)$ $Tesla (TSLA.US)$ during this correction🙏🏻
Some people told me to short NVDA at this period and I said...for what? Like Warren Buffet said, never go against the US stock especially the Magnificent 7 Stocks.
I rather keep on buying NVDA and I don’t mind to extend my time horizon in my NVDA position. Of course, anything can happen in between which may cause a sharp drop in NVDA stock price but guess what…we can never guess the bottom, so I would keep on buying rather than shorting.
Also, FOMC meeting will be held in 3 hours later and in addition to the earning release of Meta during after market. So either one may have a huge impact on Nvda Share Price. But I believe if Jerome Powell says things as expected or gives some hints on the reduction of interest rates, market would just go crazy tomorrow😍
Ok…what drives NVDA share price up today?
There is few things…
1) AMD Beats on Earning and provided a good future guidance which have a positively impact on the entire AI space and Semiconductor Field.
2) Morgan Stanley Rated Nvda as their Top Priority of stock buying.
3) Nancy Pelosi Has bought NVDA on 26th July 2024.
4) Microsoft addition of Capex is a good impact on NVDA too
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103998930 : Congragulations!
Anthony 27 OP 103998930 : MArket not yet closed and FOMC meeting and META Earning might be a boom haha