$NVIDIA (NVDA.US)$ Nvidia's earnings were great. It is times like this, when you really question what determines a stock's value. Fundamentaly nothing has really changed, and they don't have competition.
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$NVIDIA (NVDA.US)$ It took AMD years to even get close to Intel. Chances are you have a PC with an Intel inside. Nvidia has been the preferred choice of PC gamers for over 100 years... Nvidia will remain the industry leader in AI for a while...
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$Tesla (TSLA.US)$ What a great quarter from a great company in the face of strong Macro-Eco headwinds. It is great to see this stock back where it belongs!
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$GameStop (GME.US)$ Stocks are a lot like kidde cars. When you're out of quarters, and the car stops shaking, it's time to get off.
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I have had a great first half of the year. I am really pleased with my experience on MooMoo. I started with just about $1000 just to see if I liked using it. I eventually started adding more money since it pays more interest than my checking account. All in total, I moved about $ 12,500 into my MooMoo account. I am an active trader and now have roughly over $ 24,000. I have been down a bit with NVDA.
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$NVIDIA (NVDA.US)$ I think we are in the last part of the Elliot Wave Theory (EWT) A. B. C correction. Typically the C phase must extend beyond the level of support of the A phase, however Nvidia is not a typical stock, and it may turn up... So, if support holds at $122.90 , and we push into the 200 MA we may avoid a deep C extension.
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$NVIDIA (NVDA.US)$ In terms of EWT , I believe we finished a 5th motive wave (green) at the top and are now in a corrective phase. There are 3 components to a corrective phase : A, B, and C. We are currently in the B wave as it consolidates and drops into a C wave. This is the worst time to BUY and hold, since it can drop even more.... I call this the B the FAKE OUT. Notice how the price is treating the last trend line as resistance. The calm before the storm!
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$NVIDIA (NVDA.US)$ I was looking at the short interest on NVDA , and there doesnt seem to be very much. It will be interesting to see how this plays out in the nextt few weeks. Someone got back in around 9:45 with a vengance an gave it a boost.
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$NVIDIA (NVDA.US)$ Does "shorting" a stock actually cause the price of the stock to go down. Clearly massive selling causes the price to go down. I am finding it hard to believe the "the shorts" are the cause of a stock price drop. Any ideas?
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