$NVIDIA (NVDA.US)$ Translation: they remain bullish because they HAVE to be. Blackwell is overheating after months of development and what is Jensen's response? It's the server rack's fault, not his.
The analysts know that each subsequent quarter will have diminishing returns in terms of YoY revenue growth compared to the +265% down to +94% three quarters later. Once the AI infrastructure is built out demand will dry up rapidly, not to mention that Jensen is already talking about "demand from o...
The analysts know that each subsequent quarter will have diminishing returns in terms of YoY revenue growth compared to the +265% down to +94% three quarters later. Once the AI infrastructure is built out demand will dry up rapidly, not to mention that Jensen is already talking about "demand from o...
7
3
$Cardano (ADA.CC)$ Update: now that more PA has developed it's possible this is a channel and not a rising wedge as previously thought. If support holds, ~0.92 may be a good place to go long. If support DOESN'T hold, this probably will retrace back to the low 0.60's. I always wait for confirmation though.
Not financial advice.
Not financial advice.
5
1
$Bitcoin (BTC.CC)$ Updating my chart on TradingView in prep for tomorrow's Market Meowlysis. I realized that I had used a chart that didn't show the full historical values, so I'm switching to the OG Bitstamp exchange. You won't believe what I've found.
Sub for notifications of my next video. Derpy Trades
Sub for notifications of my next video. Derpy Trades
1
$Cardano (ADA.CC)$ If this starts pulling back sharply from here I will take it as further confirmation this is likely a valid pattern.
8
6
$iShares 20+ Year Treasury Bond ETF (TLT.US)$ The thick blue and purple lines are crucial right now. If it can break above the blue resistance it could establish a new uptrend - - first resistance would be around 93, second Res around 97, then 100. Alternatively, if it breaks below support it could fall multiple points lower - - first main support would be around 86, then if that didn't hold ~80 would be next. Volatility is coiling, and I would anticipate a breakout/breakdown within the next wee...
5
2
$Cardano (ADA.CC)$ This actually might crack $1, but once this pattern breaks it's targeting about a 22¢ move to the downside, below 4-hour support but touching daily support on the base line and cloud around 0.5850.
5
2
MAN, did this post age well. I tried to warn people...
$Invesco QQQ Trust (QQQ.US)$ This sucker is poised to break out by tomorrow, and has a pattern target of roughly 8 points! Remember, symmetrical triangles often have an initial, false breakout followed by the real move. The upward target would meet a key resistance level, whereas the downward target would fill that daily gap.
5
2
$MicroStrategy (MSTR.US)$ People keep piling in here, but do you know what you're actually buying? They had close to a negative half a billion dollars in operating income last quarter, keep missing on earnings, and here's the kicker - - they have borrowed more than 1.5 BILLION dollars to buy Bitcoin with.
Answer honestly: what happens to this company if the asset they've bought, aka BTC, loses value? Will they even be able to service their debt? What will they have to sell in order to pay it?
🤔...
Answer honestly: what happens to this company if the asset they've bought, aka BTC, loses value? Will they even be able to service their debt? What will they have to sell in order to pay it?
🤔...
3
10
$MicroStrategy (MSTR.US)$ $Bitcoin (BTC.CC)$ Word on the street is Microstrategy and Bitcoin are opening up a new store. Yea, they're calling it "Bagholders R Us."
1
18
Derpy Trades OP GoldenApe : It's been a major concern. Their responses have collectively been "it's a bigger risk NOT to invest as much as possible in AI." Basically, they're stuck in this loop of building out an AI infrastructure, even though it has not proven to be profitable yet, and no one wants to be the first to admit this. The first to admit AI is not, or at least will not be profitable for many years, will be the one who pops the bubble. My guess is it will be NVIDIA's first bad earnings report that will send up the red flag for the whole house of cards.