$NVIDIA (NVDA.US)$ its actually quite funny reading all the ...
$NVIDIA (NVDA.US)$ its actually quite funny reading all the comments about nvidia not climbing today. Of Course NOT. tomrrow is CPI. even if the retailers are desperate to get in, the institutions wil still short it. so let me add some of my views on it to make this post more meaningful.
currently i believe theres alot of panic and fear in regards to Feds. many thinks with the declining jobs and inflation related datas, the feds are too late in cutting rates. but well.. inflation and recession are equally dangerous. expert analysts believe the fed will try to create a soft landing. that is why i really dont put much hope for nvidia to climb to 130 in this period of time yet, but i do think its a good time to accumulate key levels. reading most of the historical rate cuts, there are always potential risks i felt. i think that rate cuts need time for results, whether its effective, the economy is picking up as per estimates. all these datas need time again.
so.. that is why in CNBC, some analysts believe its time good to pick the dips cautiously. we have no idea if the cut is going to be a hawkish one or a dovish one. but one thing i believe is that its better to have lots of dry powder available. be it a recession, a dovish cut. we can be ready for it. keep your positions small, stay vested. (this is not financial advice, just my personal opinion).
currently i believe theres alot of panic and fear in regards to Feds. many thinks with the declining jobs and inflation related datas, the feds are too late in cutting rates. but well.. inflation and recession are equally dangerous. expert analysts believe the fed will try to create a soft landing. that is why i really dont put much hope for nvidia to climb to 130 in this period of time yet, but i do think its a good time to accumulate key levels. reading most of the historical rate cuts, there are always potential risks i felt. i think that rate cuts need time for results, whether its effective, the economy is picking up as per estimates. all these datas need time again.
so.. that is why in CNBC, some analysts believe its time good to pick the dips cautiously. we have no idea if the cut is going to be a hawkish one or a dovish one. but one thing i believe is that its better to have lots of dry powder available. be it a recession, a dovish cut. we can be ready for it. keep your positions small, stay vested. (this is not financial advice, just my personal opinion).
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DurianBoy : i think got good chance it will go below 100 or above 110 this week, after tmr CPI report!
So below 100, will buy more
Above 100, i will start to offload some
LittleSoldier : No Panic here? Just Wonderful opportunity’s to buy more!!!
Quah : I personally don't think 130 is coming yet too. might not even close over 110 this Fri I think.
pootpoot OP Quah : i try to remain a neutral view. hitting mid value 115 is the max this can go next week i felt. because there is a possiblity for a hawkish cut. so we wont know.
SCP WW : Bear Sister
lucaspan : tomorrow it will drops but not tonight
Quah pootpoot OP : I'm bullish towards NVDA in the long term so yeah I would be happy to see 115 lol.
lucaspan SCP WW : she is sifu sis not a bear
pootpoot OP Quah : well i do think the analyst ratings on nvidia isnt exactly wrong. but their time horizon might be further. the earliest this can rocket is after FOMC hawkish cut. but realistically i think it would take a few months before improving datas and that tech stocks may take off again. furthermore, we have election soon which is going to be volatile AGAIN.
Quah pootpoot OP : yup. volatile doesn't mean it's bad.. we just have to be prepared.
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