$NVIDIA (NVDA.US)$ might be able to see 86/87 (200ma) or eve...
$NVIDIA (NVDA.US)$ might be able to see 86/87 (200ma) or even lower which is bad because its going to be a free fall after that. i think that it was a really very bad timing for nvidia but good timing for investors. after earnings tanked, red september is here and anti trust investigation (usual noise). that is why despite a good ER (if it was other megacap, would be a easily +5%). too bad this is nvida, expectations are high.
now that the red september have just started, its still unknown how would the jobless claims (if bad) reflect before upcoming fomc meeting (may cut 0.5 if the numbers are bad), we wont know how the market would react to it. lastly like what perma bull tom lee said, there is going to be alot of nervousness for september and october. (which may translate to alot of opportunity). those who have stored full cash like me, take your time to buy watching sp500 closely. hopefully nov and dec would be good harvest![]()
now that the red september have just started, its still unknown how would the jobless claims (if bad) reflect before upcoming fomc meeting (may cut 0.5 if the numbers are bad), we wont know how the market would react to it. lastly like what perma bull tom lee said, there is going to be alot of nervousness for september and october. (which may translate to alot of opportunity). those who have stored full cash like me, take your time to buy watching sp500 closely. hopefully nov and dec would be good harvest
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101869381 : Standing by
R30R : I also do think this is going to probe multiple support levels on it ways down. Loading up a little each dip will be smart.
I’m as bullish as a bull can get. I have calls into next year so definitely hoping positions and calls print in Nov-Dec-Jan if this can recover strongly from this.
pootpoot OP R30R : yes, i would hope that after election the stock market will rally.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
R30R pootpoot OP : There is more neutrality in market movements during elections. Hopefully, the geo political tensions don’t flare things up later.
Too many points of influence. 
It is getting harder to invest or trade lately.
101824250 : I think that If it ever touched $86 it will bounce back real fast. It is not trash stock like SMCI. the probe just shown how dominant NVDIA is. It is common for other MAG 7 as well who is almost monopoly in their own sector. Everytime the news broke out is another good buying opportunity.
R30R : The price trends are orchestrated to aid buy backs. In the history of the market has never a company ever bought back shares at high/rising prices.
pootpoot OP 101824250 : i agree