Cow Moo-ney
commented on a stock · Aug 22, 2023 08:22
Nice Green Monday!
Tesla and Nvidia were up 7%+ and 8%+ respectively. Tech heavy Nasdaq was up 1.6% - its biggest single day rally since late July
Interestingly, the 10-year Treasury note yield hit its highest level since Nov 2007. In case you’re not aware, bond yield and stock market typically move in separate direction.
Cow Moo-ney
OPSeraphicall
:
Hmm. I’m not sure man. I don’t quite like it when a stock rally too hard before it’s earnings day. Nvidia has set the bar very high, so if they don’t deliver, the sell off could be massive. But of course it can work the other way too.
Seraphicall
Cow Moo-ney
OP
:
Yea.. the rally is crazy last night. I believe u sold some last night? Couldn’t imagine if it barely meets expectation and with weaker guidance though
OceansWave
Seraphicall
:
I do personally feel is a very big bubble and in the event if the question of US restrictions to China was not answered well.. it will just burst the ballon no matter how good their earnings are…
OceansWave
:
Weak guidance and responses to analyst question is the key thing.. all analyst are expecting a good earnings based on the demand is still damn high but supply is low.. however bad response to sensitive issues like how is the situation with trade restrictions and what plans they are gonna take will be the most tricky questions
Seraphicall : Probably new high for Nvda lols
Ultratech : nice dip on$Generac (GNRC.US)$
Cow Moo-ney OP Seraphicall : Hmm. I’m not sure man. I don’t quite like it when a stock rally too hard before it’s earnings day. Nvidia has set the bar very high, so if they don’t deliver, the sell off could be massive. But of course it can work the other way too.
Seraphicall Cow Moo-ney OP : Yea.. the rally is crazy last night. I believe u sold some last night? Couldn’t imagine if it barely meets expectation and with weaker guidance though
102254163 Seraphicall : They just need to mention AI one hundred times during earnings release n it will shoot to 500 n beyond straightaway
Seraphicall 102254163 :
unlikely.. investors already got too used to hearing ‘AI’ during the earning calls. Definitely need some high end figures.
Cow Moo-ney OP Seraphicall : Nope I didn’t sell yesterday night. Sold a little bit few weeks ago
OceansWave Seraphicall : I do personally feel is a very big bubble and in the event if the question of US restrictions to China was not answered well.. it will just burst the ballon no matter how good their earnings are…
OceansWave : Weak guidance and responses to analyst question is the key thing.. all analyst are expecting a good earnings based on the demand is still damn high but supply is low.. however bad response to sensitive issues like how is the situation with trade restrictions and what plans they are gonna take will be the most tricky questions
Seraphicall OceansWave : Fair questions.