$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...
$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ 35.93 that's the 20 day a little bit of profit or any negative news from chairman Powell could possibly put it there today and then next week we all know what's going to happen on the 28th so I've been telling everybody to hedge I've been telling everybody to buy puts I pounded the table so many times to protect your long positions by buying puts.
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35+ yrs in the trenches, raised tens of millions for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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darkapple : this week may hit 35/36, will drop to 30 or 28 after 28th?
10baggerbamm OP darkapple : or Nvidia is the 28th and everything depends on Blackwell I said this a dozen times in the past two weeks I believe if there is a delay and the proof for me that there is a problem is Zuckerberg saying that they're reducing capex the balance of this year and they will accelerate and resume come next year number one number two super micro said they're going to be experiencing supply chain difficulties this year their gpus come from Nvidia. so if there is an issue with Blackwell then 100% guaranteed earning revisions must have to come down because according to Jensen it is going to be the greatest revenue generating product they've ever offered so fourth quarter will have to be pulled down as well as first quarter now when the stock gets hammered if it does you buy it you buy The leverage ETF that's my feeling nvdu. as far as this basket of Chip stocks you can easily see low 30s. and I would be a buyer at that point and I also will be selling naked puts on the leveraged etf soxl as well as nvdu.
I'd like to point out that there's not a single person on Twitter that agrees with me everyone thinks I'm nuts everyone saying there's no issues with Blackwell there's no problems with it I don't know how they would know that maybe they have somebody that works for the company I don't know. I'm just going off of the interview with Jensen several weeks ago to me he looked very nervous and I heard the q&A with Zuckerberg I didn't like it and I didn't like the conference call with supermicro where they talked about supply chain shortages.
102156718 10baggerbamm OP : You surely will buy at 50-60
10baggerbamm OP 102156718 : buy what?
MonkeyGee : 28th could be sell the news. but the Algo knows that it might just trade against the stack. when everyone bets on red, the dealer will make sure it doesn't hit red.
10baggerbamm OP MonkeyGee : it's going to be very binary if there was a problem in Blackwell it's been fixed and everything's on schedule Nvidia is going to open up close to $140 the chips soxl is going to be 45-46 you can print that and take it to the bank.
flip the coin if there is a delay I think Nvidia is going to go right through 113 and depending upon the extent of the delay it absolutely will hurt 4th quarter and her first quarter I think it's going to be close to a hundred bucks in which case the chips soxl is going to be right back to $30.
so I mean you could buy a put and buy a call on this one because the swings are going to be huge they're not going to stay here I mean I can guarantee you I could never say that when I was a stock broker but I'm not any longer so I can guarantee you you will not see Nvidia at 126 and soxl at 39.
MonkeyGee 10baggerbamm OP : I know. I have my orders in already and I have my overall direction. I know when I try to chase a rocket, you lose more than you win. one thing I learned is that it doesn't matter what the financial is or the earnings. The bigboys will try to take it where they want. so the only thing anyone should bet on is where they want to take it.